Funding you earn now, next payment 03:00 UTC−0.0016%/8h= −1.7% APRpaid last 24h −0.013%
Price spread now: gTrade (Gains Network) against Aster−0.047%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$160.163% of the position
Funding, last 3 days (all we have)−0.069%−$7 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.047%, 7d avg −0.006%
=Together, before fees−0.003%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and gTrade (Gains Network) is 0.041% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTCUSDT | 85,600 | 0.0020 | pay 0.0020% / 8h | 5h 43m | $515.8M | $1.11B | 200x |
| Short | gTrade (Gains Network) BTC/USD | 85,559.7 | L +0.0004% / S −0.0004% | get 0.0001% / 1h | 43m 44s | $36.6M | — | 200x |
Aster BTCUSDT
gTrade (Gains Network) BTC/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Aster. 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
- −$3.26
- Price spread: −0.047% → −0.006%
- −$4.11
- Slippage, 4 orders
- −$1.27
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Net
- −$23.64
- Costs to cover
- 0.163%
- Break-even
- never at this rate
Slippage from Aster: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), just now.
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 Aster live order book, 5 min ago | 0.01 bp | 4.2 bp −$4 | 4.5 bp −$45 | 4.7 bp −$468 | 6.9 bp −$3,450 |
| Sell gTrade (Gains Network) virtual book (oracle venue), just now | 0.51 bp | 4.0 bp −$4 | 4.1 bp −$41 | 4.5 bp −$447 | 6.4 bp −$3,183 |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0160% | 1h | 85,485 | −0.134% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,585 | −0.018% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0056% | 1h | 85,562.4 | −0.044% | $367K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0030% | 8h | 85,579.2 | −0.024% | $416.4M | $660.4M | 150x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,596.8 | −0.004% | $16.7M | $20.9M | 50x | as long as short |
| Nado BTC-PERP | +0.0004% | 1h | 85,555 | −0.053% | $22.8M | $221.8M | 50x | as long as short |
| gTrade (Gains Network) BTC/USDshort | L +0.0004% / S −0.0004% | 1h | 85,559.7 | −0.047% | $36.6M | — | 200x | |
| KuCoin XBTUSDTM | +0.0014% | 8h | 85,600.7 | +0.001% | $906.8M | $749.4M | 125x | as long as short |
| Aster BTCUSDTlong | +0.0020% | 8h | 85,600 | long leg | $515.8M | $1.11B | 200x | |
| BingX BTC-USDC | +0.0053% | 8h | 85,585.3 | −0.017% | — | $17.0M | — | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
BloFin BTC-USDT
dYdX BTC-USD
Nado BTC-PERP
KuCoin XBTUSDTM
BingX BTC-USDCShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0066% | 1h | 85,554.5 | −0.053% | $6.7M | $146.4M | 40x | as long as short |
| Bitget BTCUSDT | +0.0067% | 8h | 85,598.8 | −0.001% | $2.95B | $5.02B | 150x | as long as short |
| HTX BTC-USDT | +0.0073% | 8h | 85,548.6 | −0.060% | $2.27B | $931.9M | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0079% | 1h | 85,617 | +0.020% | $340K | $26.9M | 52x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,557.5 | −0.050% | $2.5M | $1.7M | 20x | as long as short |
| Phemex BTCUSDT | +0.0083% | 8h | 85,556.9 | −0.050% | $148.2M | $478.5M | 150x | as long as short |
| MEXC BTC_USDT | +0.0086% | 8h | 85,606.5 | +0.008% | $5.03B | $5.60B | 500x | as long as short |
| Binance BTCUSDT | +0.0087% | 8h | 85,615.4 | +0.018% | $9.34B | $23.88B | 150x | as long as short |
| SunX BTC-USDT | +0.0088% | 8h | 85,533.6 | −0.078% | $2.9M | $6.1M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0095% | 1h | 85,597.5 | −0.003% | $893.6M | $1.52B | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,622.7 | +0.027% | $169.6M | $986.7M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,622.7 | +0.027% | $23.9M | $147.8M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,558 | −0.049% | $8.4M | $51.8M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0099% | 8h | 85,651.5 | +0.060% | $3.8M | $8.3M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,537 | −0.074% | $205K | $7.7M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,682 | +0.096% | $3.78B | $4.94B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,645 | +0.053% | $40.2M | $571.1M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,617 | +0.020% | $5.34B | $9.58B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,609.5 | +0.011% | $2.56B | $12.12B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,587 | −0.015% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,564.6 | −0.041% | $7.3M | $97.2M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,562.7 | −0.044% | $616.1M | $358.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,625 | +0.029% | $5.55B | $10.45B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,561.1 | −0.045% | $35.1M | $171.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,485 | −0.134% | $154.0M | $550.0M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,439.2 | −0.188% | $278.7M | $931.3M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,432.8 | −0.195% | $214.5M | $161.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,513.3 | −0.101% | $139.9M | $316.2M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,470.3 | −0.152% | $30.3M | $211.5M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,619.9 | +0.023% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,562 | −0.044% | $11.0M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,551.2 | −0.057% | $189K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,557.2 | −0.050% | $2.4M | $8.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,601.3 | +0.002% | $197K | $722K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,555.7 | −0.052% | $30.0M | $52.5M | 15x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,561 | −0.046% | $59.9M | $336.2M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,568.4 | −0.037% | $44.1M | $227.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,615.3 | +0.018% | — | $105.2M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,600 | 0.000% | $130.8M | $5.08B | 50x | as long as short |
| RISEx BTC/USDC | +0.0120% | 1h | 85,594.7 | −0.006% | $8.3M | $42.2M | 25x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0138% | 1h | 85,585.1 | −0.017% | $187.5M | $948.7M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0198% | 1h | 85,559.9 | −0.047% | $78K | $219K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0200% | 1h | 85,598.6 | −0.002% | $707K | $7.8M | 30x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0180% | 1h | 85,556.1 | −0.051% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0211% | 8h | 85,608 | +0.009% | $10.5M | $760.3M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,580 | −0.023% | $525K | $19.5M | 6.7x | as long as short |
Reya BTCRUSDPERP
Bitget BTCUSDT
HTX BTC-USDT
Injective BTC/USDC PERP
Aevo BTC-PERP
Phemex BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
SunX BTC-USDT
Deribit BTC-PERPETUAL
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SoDEX BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
RISEx BTC/USDC
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Perpl BTC