Funding you earn now, next payment 00:00 UTC+0.0350%/8h= +38.4% APRnext payment +$1.75 per $10,000 · paid last 24h +0.218%
Price spread now: Binance against Aster−0.338%7-day average +0.139% · 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−$144as in the Price arb table
costs, in and out, $10k−$970.965% of the position
Funding, last 5 days (all we have)+0.848%+$85 on $10k
+Price spread, last 7 days+0.336%+$34 · spread now −0.338%, 7d avg +0.139%
=Together, before fees+1.184%+ Points / potential airdropAster: Stage 5 · farm board+$118 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.477% cheaper against Aster than usual: you would sell low and buy high (spread −0.338% now, against its 7-day average of +0.139%). If the spread goes back, that is −$48 on $10k: about 4.5 days of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTWUSDT | 0.8809 | 0.1476 | pay 0.0738% / 4h | 2h 17m | $2.4M | $2.6M | 5x |
| Short | Binance BTWUSDT | 0.8779 | 0.1826 | get 0.0913% / 4h | 2h 17m | $122.7M | $159.5M | 10x |
Aster BTWUSDT
Binance BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $73.61
- Price spread: −0.338% → +0.139%
- −$47.69
- Slippage, 4 orders
- −$78.53
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.61
- Costs to cover
- 0.965%
- Break-even
- 13.7 days
Slippage from Aster: live order book, 1 min ago; Binance: live order book, 10 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 Aster live order book, 1 min ago | 4.15 bp | 23.4 bp −$23 | 638.7 bp −$6,387 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.12 bp | 24.8 bp −$25 | 148.2 bp −$1,482 | doesn't fit | doesn't fit |
BTW on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.8667 | −1.616% | $212K | $765K | 10x | as long as short |
| Gate BTW_USDT | +0.0344% | 4h | 0.8757 | −0.594% | $3.9M | $15.3M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.1380% | 4h | 0.8810 | +0.013% | $8.1M | $4.6M | 10x | as long as short |
| Aster BTWUSDTlong | +0.1476% | 4h | 0.8809 | long leg | $2.4M | $2.6M | 5x | |
| Bitget BTWUSDT | +0.1600% | 4h | 0.8797 | −0.136% | $27.8M | $12.8M | 5x | as long as short |
| Extended BTW-USD | +0.1824% | 1h | 0.8802 | −0.077% | $42K | $13K | 5x | as long as short |
| Binance BTWUSDTshort | +0.1826% | 4h | 0.8779 | −0.338% | $122.7M | $159.5M | 10x | |
| MEXC BTW_USDT | +0.1846% | 4h | 0.8806 | −0.033% | $11.5M | $6.0M | 20x | as long as short |
| edgeX BTWUSDC | +0.1868% | 4h | 0.8884 | +0.850% | $366K | $496K | 10x | as long as short |
| BingX BTW-USDT | +0.2600% | 4h | 0.8783 | −0.294% | — | $4.3M | — | as long as short |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Extended BTW-USD
MEXC BTW_USDT
edgeX BTWUSDC
BingX BTW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.2751% | 4h | 0.8793 | −0.181% | $16.5M | $36.1M | 10x | as long as short |
Bybit BTWUSDT