Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.010%
Price spread now: Aster against KuCoin−0.171%7-day average −0.070% · 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−$2842.835% of the position
Funding, last 5 days (all we have)−0.262%−$26 on $10k
+Price spread, last 7 days+0.129%+$13 · spread now −0.171%, 7d avg −0.070%
=Together, before fees−0.133%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.101% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BTWUSDTM | 0.8714 | 0.1498 | pay 0.0749% / 4h | 2h 02m | $8.0M | $4.7M | 10x |
| Short | Aster BTWUSDT | 0.8699 | 0.1501 | get 0.0750% / 4h | 2h 02m | $2.4M | $2.6M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- $0.53
- Price spread: −0.171% → −0.070%
- −$10.12
- Slippage, 4 orders
- −$263.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$293.09
- Costs to cover
- 2.835%
- Break-even
- 3883.9 days
Slippage from KuCoin: live order book, 5 min ago; Aster: live order book, 1 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 KuCoin live order book, 5 min ago | 17.00 bp | 78.6 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 5.51 bp | 22.7 bp −$23 | 490.9 bp −$4,909 | 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 | 0.8723 | +0.108% | $214K | $766K | 10x | as long as short |
| Gate BTW_USDT | +0.0580% | 4h | 0.8692 | −0.243% | $3.9M | $15.6M | 10x | as long as short |
| KuCoin BTWUSDTMlong | +0.1498% | 4h | 0.8714 | long leg | $8.0M | $4.7M | 10x | |
| Aster BTWUSDTshort | +0.1501% | 4h | 0.8699 | −0.171% | $2.4M | $2.6M | 5x | |
| Bitget BTWUSDT | +0.1618% | 4h | 0.8717 | +0.041% | $27.6M | $12.8M | 5x | as long as short |
| edgeX BTWUSDC | +0.1810% | 4h | 0.8707 | −0.076% | $359K | $497K | 10x | as long as short |
| MEXC BTW_USDT | +0.1814% | 4h | 0.8710 | −0.041% | $11.2M | $6.1M | 20x | as long as short |
| Binance BTWUSDT | +0.1815% | 4h | 0.8695 | −0.213% | $121.4M | $160.5M | 10x | as long as short |
| Extended BTW-USD | +0.1816% | 1h | 0.8692 | −0.248% | $42K | $13K | 5x | as long as short |
| BingX BTW-USDT | +0.2852% | 4h | 0.8697 | −0.191% | — | $4.4M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.3115% | 4h | 0.8695 | −0.213% | $16.1M | $36.5M | 10x | as long as short |
KuCoin BTWUSDTM
Aster BTWUSDT
HTX BTW-USDT
Gate BTW_USDT
Bitget BTWUSDT
edgeX BTWUSDC
MEXC BTW_USDT
Binance BTWUSDT
Extended BTW-USD
BingX BTW-USDT
Bybit BTWUSDT