Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.88 per $10,000 · paid last 24h −0.008%
Price spread now: Aster against MEXC+0.012%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$120.120% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.012%, 7d avg +0.001%
=Together, before fees−0.038%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BTC_USDT | 85,529.9 | 0.0100 | pay 0.0100% / 8h | 4h 03m | $5.07B | $5.66B | 500x |
| Short | Aster BTCUSDT | 85,540.1 | 0.0012 | get 0.0012% / 8h | 4h 03m | $515.6M | $1.10B | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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
- −$18.58
- Price spread: +0.012% → +0.001%
- $1.07
- Slippage, 4 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$29.53
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage from MEXC: 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 MEXC live order book, 5 min ago | 0.01 bp | 2.0 bp −$2 | 2.1 bp −$21 | 2.9 bp −$286 | 4.5 bp −$2,231 |
| Sell Aster live order book, 5 min ago | 0.01 bp | 4.0 bp −$4 | 4.9 bp −$49 | 6.3 bp −$634 | 11.2 bp −$5,602 |
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 | −0.0179% | 1h | 85,531 | +0.001% | $2.1M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,493 | −0.043% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0048% | 1h | 85,499.5 | −0.036% | $365K | $2.3M | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0033% | 8h | 85,498.2 | −0.037% | $920.0M | $751.9M | 125x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,474.9 | −0.064% | $417.1M | $668.9M | 150x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 85,515.8 | −0.016% | $36.5M | — | 200x | as long as short |
| dYdX BTC-USD | +0.0011% | 1h | 85,564.7 | +0.041% | $16.8M | $21.3M | 50x | as long as short |
| Aster BTCUSDTshort | +0.0012% | 8h | 85,540.1 | +0.012% | $515.6M | $1.10B | 200x | |
| Nado BTC-PERP | +0.0012% | 1h | 85,479.7 | −0.059% | $25.0M | $222.0M | 50x | as long as short |
| Arcus BTC-USD | +0.0021% | 1h | 85,487.8 | −0.049% | $4.2M | $98.3M | 40x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | +0.0021% | 1h | 85,551.8 | +0.026% | $207K | $739K | 40x | as long as short |
| BingX BTC-USDT | +0.0063% | 8h | 85,529.9 | 0.000% | — | $1.54B | — | as long as short |
| Phemex BTCUSDT | +0.0074% | 8h | 85,516.3 | −0.016% | $148.4M | $489.2M | 150x | as long as short |
| Bitget BTCUSDT | +0.0079% | 8h | 85,538 | +0.009% | $2.95B | $5.08B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0087% | 1h | 85,500.9 | −0.034% | $6.6M | $146.8M | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.0088% | 1h | 85,557.6 | +0.032% | $887.7M | $1.59B | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,560.3 | +0.036% | $172.2M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,550.3 | +0.024% | $23.9M | $149.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,500 | −0.035% | $8.4M | $53.5M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,498.6 | −0.037% | $2.4M | $1.7M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,465 | −0.076% | $210K | $8.1M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,541.1 | +0.013% | $5.2M | $9.1M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,619 | +0.104% | $3.75B | $4.99B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,511 | −0.022% | $40.2M | $581.6M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,550.1 | +0.024% | $9.37B | $24.17B | 150x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,536.4 | +0.008% | $5.20B | $9.80B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,558.9 | +0.034% | $2.58B | $12.14B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,484 | −0.054% | $3.8M | $17.8M | 25x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,487.5 | −0.050% | $672.1M | $698.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,529.1 | −0.001% | $5.52B | $10.77B | 200x | as long as short |
| MEXC BTC_USDTlong | +0.0100% | 8h | 85,529.9 | long leg | $5.07B | $5.66B | 500x | |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,496.6 | −0.039% | $35.1M | $177.1M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,444.6 | −0.100% | $153.4M | $564.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,474.1 | −0.065% | $279.2M | $922.0M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,487.4 | −0.050% | $214.6M | $167.9M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,488.3 | −0.049% | $139.8M | $314.8M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,473 | −0.067% | $30.2M | $208.7M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,549.3 | +0.023% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,496 | −0.040% | $11.1M | $14.3M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,505.5 | −0.029% | $193K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,506 | −0.028% | $2.4M | $8.8M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,496.7 | −0.039% | $30.0M | $50.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,460.6 | −0.081% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,518 | −0.014% | $59.9M | $336.1M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,510.3 | −0.023% | $2.26B | $942.7M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,501.8 | −0.033% | $44.6M | $230.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,488.9 | −0.048% | — | $107.5M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,561.9 | +0.037% | $117.6M | $5.19B | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0150% | 1h | 85,556 | +0.031% | $340K | $26.9M | 52x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0170% | 1h | 85,545.8 | +0.019% | $187.5M | $953.7M | 100x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,514.4 | −0.018% | $13.3M | — | 200x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,517.5 | −0.014% | $8.4M | $42.7M | 25x | as long as short |
| Aftermath Perps BTCUSD | +0.0216% | 1h | 85,500.8 | −0.034% | $78K | $220K | 20x | as long as short |
| Kalshi KXBTCPERP | +0.0219% | 8h | 85,515 | −0.017% | $10.3M | $755.2M | 6.4x | as long as short |
| Hibachi BTC/USDT-P | +0.0248% | 1h | 85,503.6 | −0.031% | $701K | $7.9M | 30x | as long as short |
| Perpl BTC | +0.0335% | 43m | 85,493.6 | −0.042% | $496K | $18.7M | 6.7x | as long as short |
MEXC BTC_USDT
Aster BTCUSDT
Phoenix BTC
01 Exchange BTCUSD
KuCoin XBTUSDTM
BloFin BTC-USDT
gTrade (Gains Network) BTC/USD
Bluefin BTC-PERP
BingX BTC-USDT
Phemex BTCUSDT
Bitget BTCUSDT
Deribit BTC-PERPETUAL
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Binance BTCUSDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
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
Polymarket Perps BTC-USD
Bullet BTC-USD
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
GMX BTC/USD [WBTC.b-USDC]
RISEx BTC/USDC
Aftermath Perps BTCUSD
Kalshi KXBTCPERP