Funding you earn now, next payment 04:00 UTC−0.0782%/8h= −85.6% APRnext payment −$3.91 per $10,000 · paid last 24h −0.208%
Price spread now: KuCoin against Aster−0.118%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.384%−$38 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and KuCoin is 0.118% cheaper against Aster than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.384% in total (about -20.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.91 per $10,000. 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 | Aster BTRUSDT | 0.05037 | 0.0882 | pay 0.0441% / 4h | 2h 06m | $89K | $12K | 5x |
| Short | KuCoin BTRUSDTM | 0.05031 | 0.0100 | get 0.0050% / 4h | 2h 06m | $1.4M | $192K | 10x |
Aster BTRUSDT
KuCoin BTRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$164.12
- Price spread: −0.118% → 0.000%
- −$11.85
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$195.97
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 4 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 4 min ago | 14.89 bp | 256.5 bp −$257 | doesn't fit | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BTR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTRUSDT | +0.0100% | 4h | 0.05043 | +0.120% | $3.2M | $1.1M | 25x | as long as short |
| Gate BTR_USDT | +0.0100% | 8h | 0.05034 | −0.059% | $726K | $251K | 20x | as long as short |
| KuCoin BTRUSDTMshort | +0.0100% | 4h | 0.05031 | −0.118% | $1.4M | $192K | 10x | |
| HTX BTR-USDT | +0.0100% | 4h | 0.05042 | +0.100% | $11K | $311K | 10x | as long as short |
| BingX BTR-USDT | +0.0874% | 4h | 0.05042 | +0.100% | — | $6.5M | — | as long as short |
| Aster BTRUSDTlong | +0.0882% | 4h | 0.05037 | long leg | $89K | $12K | 5x | |
| Binance BTRUSDT | +0.0897% | 4h | 0.05042 | +0.107% | $5.3M | $3.8M | 10x | as long as short |
| MEXC BTR_USDT | +0.0918% | 4h | 0.05041 | +0.080% | $1.5M | $154K | 20x | as long as short |
Bybit BTRUSDT
Gate BTR_USDT
HTX BTR-USDT
BingX BTR-USDT
Binance BTRUSDT
MEXC BTR_USDT