Funding you earn now, next payment 04:00 UTC+0.0153%/8h= +16.7% APRnext payment +$0.76 per $10,000 · paid last 24h +0.076%
Price spread now: Aster against Bitget−0.436%7-day average −0.159% · 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−$148as in the Price arb table
costs, in and out, $10k−$1201.205% of the position
Funding, last 5 days (all we have)+0.075%+$8 on $10k
+Price spread, last 7 days+0.377%+$38 · spread now −0.436%, 7d avg −0.159%
=Together, before fees+0.453%+ Points / potential airdropAster: Stage 5 · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.277% cheaper against Bitget than usual: you would sell low and buy high (spread −0.436% now, against its 7-day average of −0.159%). If the spread goes back, that is −$28 on $10k: about 6.0 days of funding at the current rate (+$5 a day). At the pace of the last 5 days (+0.075% in total) that is about 20 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BTWUSDT | 0.8315 | 0.0640 | pay 0.0320% / 4h | 5m 19s | $26.1M | $15.2M | 5x |
| Short | Aster BTWUSDT | 0.8278 | 0.0793 | get 0.0396% / 4h | 5m 19s | $2.3M | $3.2M | 5x |
Bitget BTWUSDT
Aster BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- $32.06
- Price spread: −0.436% → −0.159%
- −$27.66
- Slippage, 4 orders
- −$100.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$116.09
- Costs to cover
- 1.205%
- Break-even
- 32.3 days
Slippage from Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 6.43 bp | 37.2 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 6.25 bp | 28.3 bp −$28 | 360.9 bp −$3,609 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.0100% | 4h | 0.8283 | −0.380% | $3.4M | $17.9M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8289 | −0.309% | $7.4M | $4.9M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8276 | −0.462% | $211K | $785K | 10x | as long as short |
| Bybit BTWUSDT | +0.0217% | 4h | 0.8293 | −0.257% | $16.1M | $41.7M | 10x | as long as short |
| Bitget BTWUSDTlong | +0.0640% | 4h | 0.8315 | long leg | $26.1M | $15.2M | 5x | |
| Aster BTWUSDTshort | +0.0793% | 4h | 0.8278 | −0.436% | $2.3M | $3.2M | 5x | |
| BingX BTW-USDT | +0.0952% | 4h | 0.8302 | −0.153% | — | $4.4M | — | as long as short |
| Binance BTWUSDT | +0.0992% | 4h | 0.8298 | −0.198% | $115.7M | $181.0M | 10x | as long as short |
| MEXC BTW_USDT | +0.0996% | 4h | 0.8304 | −0.129% | $9.6M | $6.5M | 20x | as long as short |
| Extended BTW-USD | +0.1000% | 1h | 0.8290 | −0.301% | $36K | $15K | 5x | as long as short |
Gate BTW_USDT
KuCoin BTWUSDTM
HTX BTW-USDT
Bybit BTWUSDT
BingX BTW-USDT
Binance BTWUSDT
MEXC BTW_USDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.1004% | 4h | 0.8300 | −0.175% | $342K | $504K | 10x | as long as short |
edgeX BTWUSDC