Funding you earn now, next payment 03:00 UTC−0.0363%/8h= −39.7% APRpaid last 24h −0.017%
Price spread now: Aster against Deribit+0.023%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$270.271% of the position
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 4 days (all we have)+0.344%+$34 · spread now +0.023%, 7d avg +0.036%
=Together, before fees+0.165%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.179% in total (about -9.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BNB_USDC-PERPETUAL | 788.71 | 0.0400 | pay 0.0050% / 1h | 44m 03s | $1.5M | $152K | 25x |
| Short | Aster BNBUSDT | 788.89 | 0.0037 | get 0.0037% / 8h | 5h 44m | $6.2M | $18.7M | 200x |
Deribit BNB_USDC-PERPETUAL
Aster BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$76.15
- Price spread: +0.023% → +0.036%
- −$1.37
- Slippage, 4 orders
- −$12.12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$104.64
- Costs to cover
- 0.271%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 5 min ago; Aster: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit live order book, 5 min ago | 1.90 bp | 7.5 bp −$8 | 14.1 bp −$141 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 1.08 bp | 5.1 bp −$5 | 5.2 bp −$52 | 17.2 bp −$1,720 | doesn't fit |
BNB on 46 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0167% / S +0.0335% | 1h | 787.82 | −0.113% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.62 | −0.011% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.83 | +0.016% | $852K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 787.90 | −0.102% | $9.6M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.077% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDTshort | +0.0037% | 8h | 788.89 | +0.023% | $6.2M | $18.7M | 200x | |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 788.47 | −0.030% | $619K | $1.8M | 50x | as long as short |
| BingX BNB-USDC | +0.0055% | 8h | 788.46 | −0.031% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0072% | 8h | 789.20 | +0.062% | $80.3M | $12.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0072% | 8h | 789.14 | +0.055% | $493.7M | $806.9M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
BingX BNB-USDC
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0078% | 8h | 788.62 | −0.011% | $69.0M | $51.0M | 50x | as long as short |
| Variational Omni BNB | +0.0078% | 8h | 787.81 | −0.114% | $4.1M | $4.7M | — | as long as short |
| Kraken Futures PF_BNBUSD | +0.0091% | 1h | 788.20 | −0.064% | $2.5M | $1.2M | 50x | as long as short |
| Gate BNB_USDT | +0.0095% | 8h | 788.40 | −0.039% | $35.3M | $56.8M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 788.50 | −0.027% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 788.18 | −0.067% | $265K | $498K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.05 | −0.083% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.15 | +0.056% | $51.7M | $18.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.45 | −0.033% | $1.2M | $909K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 788.46 | −0.031% | $138.7M | $77.4M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 788.60 | −0.014% | $53.5M | $112.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.50 | −0.026% | $52K | $130K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 788.09 | −0.078% | $27.7M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.22 | −0.062% | $76.8M | $30.0M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.71 | 0.000% | $2.2M | $6.1M | 40x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.59 | −0.015% | $4.1M | $76.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.14 | +0.055% | $159K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.12 | −0.074% | $137K | $944K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 788.43 | −0.036% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.84 | +0.017% | $12K | $1.6M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.25 | −0.058% | $8.1M | $9.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0103% | 8h | 789.07 | +0.046% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.94 | −0.097% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 788.31 | −0.050% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 788.34 | −0.047% | $169K | $35K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0122% | 8h | 788.59 | −0.014% | $2.9M | $28.3M | 10x | as long as short |
| SoDEX BNB-USD | +0.0155% | 1h | 788.30 | −0.052% | $388K | $1.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0183% | 8h | 788.70 | −0.001% | $90K | $2.8M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0192% | 8h | 789.08 | +0.047% | — | $2.3M | 75x | as long as short |
| dYdX BNB-USD | +0.0247% | 1h | 788.26 | −0.057% | $159K | $63K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0304% | 1h | 788.77 | +0.008% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0328% | 1h | 787.90 | −0.102% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0361% | 1h | 788.64 | −0.009% | $1.1M | $1.0M | 20x | as long as short |
| Bulk BNB-USD | +0.0373% | 1h | 788.05 | −0.083% | $638K | $13K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUALlong | +0.0400% | 1h | 788.71 | long leg | $1.5M | $152K | 25x | |
| Hibachi BNB/USDT-P | +0.0576% | 1h | 788.28 | −0.054% | $67K | $38K | 12x | as long as short |
Phemex BNBUSDT
Variational Omni BNB
Kraken Futures PF_BNBUSD
Gate BNB_USDT
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
GRVT BNB_USDT_Perp
SoDEX BNB-USD
Kalshi KXBNBPERP
BloFin BNB-USDT
dYdX BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Bulk BNB-USD
Hibachi BNB/USDT-P