Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.011%
Price spread now: Aster against BingX−0.017%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$180.184% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.017%, 7d avg +0.041%
=Together, before fees+0.033%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.057% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTC-USDC | 86,782.4 | 0.0026 | pay 0.0026% / 8h | 2h 17m | — | $15.2M | — |
| Short | Aster BTCUSDT | 86,767.9 | 0.0008 | get 0.0008% / 8h | 2h 17m | $506.7M | $1.16B | 200x |
BingX BTC-USDC
Aster BTCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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
- −$3.83
- Price spread: −0.017% → +0.041%
- −$5.72
- Slippage, 4 orders
- −$0.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$27.96
- Costs to cover
- 0.184%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Aster: live order book, 2 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 BingX live order book, 6 min ago | 0.02 bp | 5.0 bp −$5 | 5.5 bp −$55 | 6.8 bp −$676 | 8.2 bp −$4,102 |
| Sell Aster live order book, 2 min ago | 0.01 bp | 4.4 bp −$4 | 5.0 bp −$50 | 5.7 bp −$572 | 8.2 bp −$4,079 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps BTCUSD | −0.0240% | 1h | 86,749.1 | −0.038% | $85K | $188K | 20x | as long as short |
| Perpl BTC | −0.0223% | 43m | 86,772.5 | −0.011% | $428K | $24.7M | 6.7x | as long as short |
| Phoenix BTC | −0.0103% | 1h | 86,750 | −0.037% | $2.2M | $12.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,790 | +0.009% | $9K | $3K | 50x | as long as short |
| dYdX BTC-USD | −0.0064% | 1h | 86,773.8 | −0.010% | $17.6M | $20.6M | 50x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 86,810.9 | +0.033% | $363K | $2.4M | 50x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,783.5 | +0.001% | $932.6M | $1.45B | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,774.1 | −0.010% | $36.9M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0005% | 8h | 86,794.5 | +0.014% | $849.9M | $707.3M | 125x | as long as short |
| Aster BTCUSDTshort | +0.0008% | 8h | 86,767.9 | −0.017% | $506.7M | $1.16B | 200x |
Aftermath Perps BTCUSD
Perpl BTC
Phoenix BTC
Hotstuff BTC-PERP
dYdX BTC-USD
01 Exchange BTCUSD
Deribit BTC-PERPETUAL
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTMShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0021% | 1h | 86,742.6 | −0.046% | $6.7M | $144.4M | 40x | as long as short |
| Phemex BTCUSDT | +0.0022% | 8h | 86,743.7 | −0.045% | $150.1M | $471.7M | 150x | as long as short |
| BingX BTC-USDClong | +0.0026% | 8h | 86,782.4 | long leg | — | $15.2M | — | |
| Bitget BTCUSDT | +0.0036% | 8h | 86,795.5 | +0.015% | $2.96B | $5.08B | 150x | as long as short |
| Injective BTC/USDC PERP | +0.0049% | 1h | 86,639 | −0.165% | $315K | $26.8M | 52x | as long as short |
| Aevo BTC-PERP | +0.0056% | 1h | 86,752.9 | −0.034% | $2.4M | $1.3M | 20x | as long as short |
| MEXC BTC_USDT | +0.0060% | 8h | 86,794.8 | +0.014% | $5.20B | $5.70B | 500x | as long as short |
| Binance BTCUSDT | +0.0060% | 8h | 86,796.5 | +0.016% | $9.45B | $24.36B | 150x | as long as short |
| RISEx BTC/USDC | +0.0063% | 1h | 86,801.5 | +0.022% | $9.2M | $41.7M | 25x | as long as short |
| Gate BTC_USDT | +0.0082% | 8h | 86,793.9 | +0.013% | $5.86B | $10.68B | 200x | as long as short |
| Bybit BTCUSDT | +0.0085% | 8h | 86,789.4 | +0.008% | $5.29B | $9.71B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0086% | 8h | 86,811.1 | +0.033% | $2.56B | $12.76B | 100x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,810.5 | +0.032% | $172.1M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,801.7 | +0.022% | $24.2M | $154.1M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,795 | +0.015% | $8.5M | $52.3M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,782 | 0.000% | $202K | $6.8M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,847.9 | +0.075% | $4.8M | $8.2M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,744.1 | −0.044% | $21.7M | $235.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,842 | +0.069% | $3.83B | $5.12B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,823.4 | +0.047% | $41.0M | $494.9M | 50x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,788 | +0.006% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,862.4 | +0.092% | $7.5M | $94.8M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,792.1 | +0.011% | $573.3M | $22.0M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,748.4 | −0.039% | $38.1M | $148.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,754.4 | −0.032% | $159.6M | $567.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,765.9 | −0.019% | $280.3M | $952.3M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,759.3 | −0.027% | $217.9M | $187.7M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,779.4 | −0.003% | $141.7M | $322.6M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,754.7 | −0.032% | $30.8M | $204.3M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,813 | +0.035% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,752 | −0.035% | $11.1M | $13.8M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,751 | −0.036% | $197K | $3.4M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,768.2 | −0.016% | $2.5M | $8.5M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,776.1 | −0.007% | $141K | $619K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,757.8 | −0.028% | $30.0M | $61.8M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,752.7 | −0.034% | $3.4M | $5.5M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 86,751 | −0.036% | $60.6M | $336.5M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,747.8 | −0.040% | $2.30B | $958.7M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,784 | +0.002% | $46.4M | $226.7M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,776.2 | −0.007% | — | $98.8M | 500x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0116% | 1h | 86,781.5 | −0.001% | $188.0M | $933.9M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,796.3 | +0.016% | $132.1M | $5.86B | 50x | as long as short |
| Kalshi KXBTCPERP | +0.0151% | 8h | 86,793 | +0.012% | $9.7M | $727.1M | 6.4x | as long as short |
| BloFin BTC-USDT | +0.0180% | 8h | 86,740.2 | −0.049% | $415.7M | $655.4M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0180% / S −0.0209% | 1h | 86,766.5 | −0.018% | $15.0M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0216% | 1h | 86,801.3 | +0.022% | $710K | $7.4M | 30x | as long as short |
Reya BTCRUSDPERP
Phemex BTCUSDT
Bitget BTCUSDT
Injective BTC/USDC PERP
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
RISEx BTC/USDC
Gate BTC_USDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
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
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Kraken Futures PF_XBTUSD
Coinbase International BTC-PERP-INTX
Kalshi KXBTCPERP
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P