Funding you earn now, next payment 00:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.96 per $10,000 · paid last 24h −0.079%
Price spread now: Bitget against Aster+0.619%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$1181.176% of the position
Funding, last 5 days (all we have)−0.078%−$8 on $10k
+Price spread, last 7 days−0.624%−$62 · spread now +0.619%, 7d avg +0.147%
=Together, before fees−0.702%+ Points / potential airdropAster: Stage 5 · farm board−$70 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.472% dearer against Aster than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of +0.147%. Mind the row above: over the last 5 days funding on this pair cost −0.078%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.078% in total (about -5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.96 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 BTWUSDT | 0.8019 | 0.1253 | pay 0.0626% / 4h | 1h 02m | $2.2M | $2.8M | 5x |
| Short | Bitget BTWUSDT | 0.8069 | 0.1444 | get 0.0722% / 4h | 1h 02m | $25.6M | $13.3M | 5x |
Aster BTWUSDT
Bitget BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $40.16
- Price spread: +0.619% → +0.147%
- $47.16
- Slippage, 4 orders
- −$97.57
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$30.26
- Costs to cover
- 1.176%
- Break-even
- 12.3 days
Slippage from Aster: live order book, 1 min ago; Bitget: live order book, 1 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 | 3.40 bp | 21.8 bp −$22 | 459.5 bp −$4,595 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.40 bp | 34.9 bp −$35 | doesn't fit | 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 | 0.8156 | +1.703% | $201K | $758K | 10x | as long as short |
| Gate BTW_USDT | +0.0580% | 4h | 0.8010 | −0.112% | $3.5M | $15.9M | 10x | as long as short |
| Aster BTWUSDTlong | +0.1253% | 4h | 0.8019 | long leg | $2.2M | $2.8M | 5x | |
| KuCoin BTWUSDTM | +0.1370% | 4h | 0.8041 | +0.279% | $7.4M | $4.7M | 10x | as long as short |
| Bitget BTWUSDTshort | +0.1444% | 4h | 0.8069 | +0.619% | $25.6M | $13.3M | 5x | |
| Binance BTWUSDT | +0.1490% | 4h | 0.8045 | +0.327% | $112.1M | $166.4M | 10x | as long as short |
| MEXC BTW_USDT | +0.1508% | 4h | 0.8043 | +0.298% | $9.8M | $6.2M | 20x | as long as short |
| Extended BTW-USD | +0.1512% | 1h | 0.8033 | +0.176% | $38K | $11K | 5x | as long as short |
| edgeX BTWUSDC | +0.1523% | 4h | 0.8056 | +0.463% | $332K | $499K | 10x | as long as short |
| BingX BTW-USDT | +0.2020% | 4h | 0.8066 | +0.585% | — | $4.4M | — | as long as short |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Binance BTWUSDT
MEXC BTW_USDT
Extended BTW-USD
edgeX BTWUSDC
BingX BTW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.2081% | 4h | 0.8041 | +0.272% | $15.6M | $38.1M | 10x | as long as short |
Bybit BTWUSDT