Funding you earn now, next payment 00:00 UTC+0.0742%/8h= +81.3% APRnext payment +$3.71 per $10,000 · paid last 24h −0.079%
Price spread now: Aster against Gate−0.028%7-day average +0.026% · 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−$141as in the Price arb table
costs, in and out, $10k−$1361.356% of the position
Funding, last 5 days (all we have)−0.501%−$50 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now −0.028%, 7d avg +0.026%
=Together, before fees−0.389%+ Points / potential airdropAster: Stage 5 · farm board−$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.054% cheaper against Gate than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.026%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$22 a day). Mind the row above: over the last 5 days funding on this pair cost −0.501%, 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 | Gate BTW_USDT | 0.8215 | 0.0632 | pay 0.0316% / 4h | 1h 24m | $3.6M | $15.8M | 10x |
| Short | Aster BTWUSDT | 0.8213 | 0.1374 | get 0.0687% / 4h | 1h 24m | $2.3M | $2.7M | 5x |
Gate BTW_USDT
Aster BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- $155.85
- Price spread: −0.028% → +0.026%
- −$5.39
- Slippage, 4 orders
- −$112.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $14.82
- Costs to cover
- 1.356%
- Break-even
- 6.3 days
Slippage from Gate: live order book, 4 min ago; Aster: live order book, 4 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 Gate live order book, 4 min ago | 9.83 bp | 43.8 bp −$44 | 93.6 bp −$936 | doesn't fit | doesn't fit |
| Sell Aster live order book, 4 min ago | 5.49 bp | 20.5 bp −$21 | 587.1 bp −$5,871 | 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 | 0.8127 | −1.076% | $200K | $767K | 10x | as long as short |
| Gate BTW_USDTlong | +0.0632% | 4h | 0.8215 | long leg | $3.6M | $15.8M | 10x | |
| Aster BTWUSDTshort | +0.1374% | 4h | 0.8213 | −0.028% | $2.3M | $2.7M | 5x | |
| KuCoin BTWUSDTM | +0.1434% | 4h | 0.8204 | −0.136% | $7.6M | $4.7M | 10x | as long as short |
| Bitget BTWUSDT | +0.1570% | 4h | 0.8246 | +0.369% | $26.1M | $13.2M | 5x | as long as short |
| Binance BTWUSDT | +0.1689% | 4h | 0.8252 | +0.446% | $114.9M | $165.1M | 10x | as long as short |
| MEXC BTW_USDT | +0.1694% | 4h | 0.8208 | −0.088% | $10.2M | $6.1M | 20x | as long as short |
| Extended BTW-USD | +0.1696% | 1h | 0.8222 | +0.077% | $39K | $13K | 5x | as long as short |
| edgeX BTWUSDC | +0.1735% | 4h | 0.8228 | +0.152% | $339K | $496K | 10x | as long as short |
| Bybit BTWUSDT | +0.2564% | 4h | 0.8289 | +0.902% | $15.6M | $37.7M | 10x | as long as short |
HTX BTW-USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Binance BTWUSDT
MEXC BTW_USDT
Extended BTW-USD
edgeX BTWUSDC
Bybit BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTW-USDT | +0.2672% | 4h | 0.8240 | +0.302% | — | $4.4M | — | as long as short |
BingX BTW-USDT