Funding you earn now, next payment 08:00 UTC−0.0807%/8h= −88.3% APRnext payment −$4.03 per $10,000 · paid last 24h −0.074%
Price spread now: KuCoin against Aster−0.088%7-day average +0.056% · 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−$294as in the Price arb table
costs, in and out, $10k−$2802.799% of the position
Funding, last 6 days (all we have)+0.223%+$22 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.088%, 7d avg +0.056%
=Together, before fees+0.217%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and KuCoin is 0.144% cheaper against Aster than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.056%). Swap the legs. Mind the row above: over the last 6 days funding on this pair paid +0.223%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.223% in total (about 14.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.03 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 | 0.8073 | 0.0907 | pay 0.0453% / 4h | 1m 50s | $2.3M | $3.3M | 5x |
| Short | KuCoin BTWUSDTM | 0.8066 | 0.0100 | get 0.0050% / 4h | 1m 50s | $7.2M | $4.7M | 10x |
Funding 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
- −$169.37
- Price spread: −0.088% → +0.056%
- −$14.41
- Slippage, 4 orders
- −$259.93
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$463.71
- Costs to cover
- 2.799%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; KuCoin: live order book, 6 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, 2 min ago | 5.12 bp | 19.6 bp −$20 | 290.3 bp −$2,903 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 18.44 bp | 169.4 bp −$169 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BTWUSDTMshort | +0.0100% | 4h | 0.8066 | −0.088% | $7.2M | $4.7M | 10x | |
| HTX BTW-USDT | +0.0100% | 4h | 0.8116 | +0.524% | $210K | $733K | 10x | as long as short |
| Bybit BTWUSDT | +0.0408% | 4h | 0.8073 | −0.009% | $15.6M | $40.3M | 10x | as long as short |
| Gate BTW_USDT | +0.0546% | 4h | 0.8073 | −0.007% | $3.3M | $17.7M | 10x | as long as short |
| Bitget BTWUSDT | +0.0656% | 4h | 0.8084 | +0.133% | $25.4M | $14.8M | 5x | as long as short |
| BingX BTW-USDT | +0.0884% | 4h | 0.8085 | +0.144% | — | $4.0M | — | as long as short |
| Extended BTW-USD | +0.0904% | 1h | 0.8070 | −0.048% | $35K | $15K | 5x | as long as short |
| Binance BTWUSDT | +0.0905% | 4h | 0.8083 | +0.114% | $112.3M | $175.6M | 10x | as long as short |
| Aster BTWUSDTlong | +0.0907% | 4h | 0.8073 | long leg | $2.3M | $3.3M | 5x | |
| MEXC BTW_USDT | +0.0908% | 4h | 0.8074 | +0.007% | $9.0M | $6.4M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.0928% | 4h | 0.8070 | −0.041% | $351K | $509K | 10x | as long as short |
Aster BTWUSDT
KuCoin BTWUSDTM
HTX BTW-USDT
Bybit BTWUSDT
Gate BTW_USDT
Bitget BTWUSDT
BingX BTW-USDT
Extended BTW-USD
Binance BTWUSDT
MEXC BTW_USDT
edgeX BTWUSDC