Settings8H · net · $10k
Funding arb · Price arb /

BULLA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1220%/8h= +133.6% APRnext payment +$6.10 per $10,000 · paid last 24h +0.095%
Price spread now: Binance against Aster+0.312%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1541.545% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.187%−$19 on $10k
Price spread, last 7 days−0.395%−$39 · spread now +0.312%, 7d avg +0.044%
Together, before fees−0.582%+ Points / potential airdropAster: Stage 5 · farm board−$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Binance is 0.267% dearer against Aster than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.044%. Mind the row above: over the last 5 days funding on this pair cost −0.187%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.187% in total (about -13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BULLAUSDT0.10620.0527pay 0.0263% / 4h1h 55m$5.9M$1.0M5x
ShortBinance BULLAUSDT0.10650.1747get 0.0873% / 4h1h 55m$11.6M$9.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$256.2
Price spread: +0.312% → +0.044%
$26.74
Slippage, 4 orders
−$136.48
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$128.45
Costs to cover
1.545%
Break-even
3.5 days
Slippage from Aster: live order book, 3 min ago; Binance: live order book, 15 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 3 min ago6.02 bp43.0 bp −$43267.7 bp −$2,677doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.47 bp35.3 bp −$35216.2 bp −$2,162doesn't fitdoesn't fit

BULLA on 5 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BULLA_USDT+0.0100%4h0.1067+0.519%$1.3M$232K10xas long as short
Aster BULLAUSDTlong+0.0527%4h0.1062long leg$5.9M$1.0M5x
BingX BULLA-USDT+0.1650%4h0.1065+0.321%$6.6Mas long as short
MEXC BULLA_USDT+0.1746%4h0.1065+0.312%$7.7M$419K20xas long as short
Binance BULLAUSDTshort+0.1747%4h0.1065+0.312%$11.6M$9.2M10x