Settings8H · net · $10k
Funding arb · Price arb /

BTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0452%/8h= +49.4% APRpaid last 24h +0.103%
Price spread now: Aster against Gate+0.091%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.096%+$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Aster is 0.091% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.096% in total (about 5.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BTR_USDT0.050010.0238pay 0.0238% / 8h4h 32m$727K$289K20x
ShortAster BTRUSDT0.050060.0690get 0.0345% / 4h32m 32s$89K$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$94.82
Price spread: +0.091% → 0.000%
$9.08
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
$80.9
Costs to cover
0.230%
Break-even
1.0 days
Slippage unknown: Gate: live order book, 24 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 24 min ago5.97 bp47.3 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BTRUSDT+0.0100%4h0.05008+0.140%$3.1M$1.1M25xas long as short
KuCoin BTRUSDTM+0.0100%4h0.04989−0.240%$1.4M$191K10xas long as short
HTX BTR-USDT+0.0100%4h0.05003+0.040%$11K$313K10xas long as short
Gate BTR_USDTlong+0.0238%8h0.05001long leg$727K$289K20x
BingX BTR-USDT+0.0640%4h0.05009+0.160%$6.5Mas long as short
Aster BTRUSDTshort+0.0690%4h0.05006+0.091%$89K$12K5x
MEXC BTR_USDT+0.0698%4h0.05010+0.180%$1.5M$152K20xas long as short
Binance BTRUSDT+0.0704%4h0.05011+0.200%$5.3M$4.0M10xas long as short