Funding you earn now, next payment 04:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.51 per $10,000 · paid last 24h −0.193%
Price spread now: Aster against Binance+1.391%7-day average −0.139% · 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+$44as in the Price arb table
costs, in and out, $10k−$1091.091% of the position
Funding, last 5 days (all we have)−0.850%−$85 on $10k
+Price spread, last 7 days−1.639%−$164 · spread now +1.391%, 7d avg −0.139%
=Together, before fees−2.490%+ Points / potential airdropAster: Stage 5 · farm board−$249 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 1.530% dearer against Binance than usual: you sell high and buy low: +$153 more if the spread goes back to its 7-day average of −0.139%. Mind the row above: over the last 5 days funding on this pair cost −0.850%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BTWUSDT | 0.8129 | 0.0855 | pay 0.0428% / 4h | 1h 20m | $113.1M | $174.6M | 10x |
| Short | Aster BTWUSDT | 0.8242 | 0.0957 | get 0.0478% / 4h | 1h 20m | $2.3M | $3.1M | 5x |
Binance BTWUSDT
Aster BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- $21.39
- Price spread: +1.391% → −0.139%
- $153.03
- Slippage, 4 orders
- −$91.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $65.33
- Costs to cover
- 1.091%
- Break-even
- from the start
Slippage from Binance: live order book, 8 min ago; Aster: live order book, 3 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 Binance live order book, 8 min ago | 1.17 bp | 28.4 bp −$28 | 199.4 bp −$1,994 | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 8.54 bp | 28.3 bp −$28 | 614.7 bp −$6,147 | 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 BTWUSDTM | +0.0100% | 4h | 0.8182 | +0.652% | $7.4M | $4.8M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8180 | +0.626% | $210K | $793K | 10x | as long as short |
| Bybit BTWUSDT | +0.0307% | 4h | 0.8166 | +0.453% | $15.9M | $40.6M | 10x | as long as short |
| Gate BTW_USDT | +0.0378% | 4h | 0.8182 | +0.656% | $3.3M | $16.9M | 10x | as long as short |
| Bitget BTWUSDT | +0.0586% | 4h | 0.8173 | +0.538% | $25.7M | $14.2M | 5x | as long as short |
| BingX BTW-USDT | +0.0758% | 4h | 0.8169 | +0.491% | — | $4.4M | — | as long as short |
| edgeX BTWUSDC | +0.0776% | 4h | 0.7399 | −8.986% | $305K | $500K | 10x | as long as short |
| MEXC BTW_USDT | +0.0854% | 4h | 0.8195 | +0.811% | $9.5M | $6.3M | 20x | as long as short |
| Binance BTWUSDTlong | +0.0855% | 4h | 0.8129 | long leg | $113.1M | $174.6M | 10x | |
| Extended BTW-USD | +0.0856% | 1h | 0.8184 | +0.680% | $35K | $15K | 5x | as long as short |
KuCoin BTWUSDTM
HTX BTW-USDT
Bybit BTWUSDT
Gate BTW_USDT
Bitget BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
MEXC BTW_USDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BTWUSDTshort | +0.0957% | 4h | 0.8242 | +1.391% | $2.3M | $3.1M | 5x |