Funding you earn now, next payment 12:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h +0.042%
Price spread now: Aster against BingX−0.030%7-day average −0.169% · 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−$83as in the Price arb table
costs, in and out, $10k−$970.972% of the position
Funding, last 6 days (all we have)−0.418%−$42 on $10k
+Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.030%, 7d avg −0.169%
=Together, before fees−0.242%+ Points / potential airdropAster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.139% dearer against BingX than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.169%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.6 days. At the pace of the last 6 days (−0.418% in total) that is about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTW-USDT | 0.7991 | 0.0752 | pay 0.0376% / 4h | 3h 23m | — | $4.0M | — |
| Short | Aster BTWUSDT | 0.7989 | 0.0704 | get 0.0352% / 4h | 3h 23m | $2.2M | $3.3M | 5x |
BingX BTW-USDT
Aster BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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
- −$10.11
- Price spread: −0.030% → −0.169%
- $13.87
- Slippage, 4 orders
- −$79.23
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$93.48
- Costs to cover
- 0.972%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Aster: live order book, 5 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 BingX live order book, 11 min ago | 1.86 bp | 24.6 bp −$25 | 86.5 bp −$865 | 774.3 bp −$77.4K | doesn't fit |
| Sell Aster live order book, 5 min ago | 5.74 bp | 28.0 bp −$28 | 454.6 bp −$4,546 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.0100% | 4h | 0.7980 | −0.143% | $15.4M | $39.5M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.7982 | −0.113% | $7.1M | $4.6M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8005 | +0.172% | $209K | $723K | 10x | as long as short |
| Bitget BTWUSDT | +0.0578% | 4h | 0.7993 | +0.029% | $25.1M | $14.6M | 5x | as long as short |
| Gate BTW_USDT | +0.0626% | 4h | 0.7984 | −0.087% | $3.3M | $17.3M | 10x | as long as short |
| Aster BTWUSDTshort | +0.0704% | 4h | 0.7989 | −0.030% | $2.2M | $3.3M | 5x | |
| MEXC BTW_USDT | +0.0748% | 4h | 0.7984 | −0.088% | $8.9M | $6.3M | 20x | as long as short |
| Binance BTWUSDT | +0.0750% | 4h | 0.7990 | −0.013% | $111.0M | $173.0M | 10x | as long as short |
| Extended BTW-USD | +0.0752% | 1h | 0.7988 | −0.040% | $34K | $15K | 5x | as long as short |
| BingX BTW-USDTlong | +0.0752% | 4h | 0.7991 | long leg | — | $4.0M | — |
Bybit BTWUSDT
KuCoin BTWUSDTM
HTX BTW-USDT
Bitget BTWUSDT
Gate BTW_USDT
MEXC BTW_USDT
Binance BTWUSDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.0780% | 4h | 0.8008 | +0.218% | $348K | $509K | 10x | as long as short |
edgeX BTWUSDC