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

BULLA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1346%/8h= +147.4% APRnext payment +$6.73 per $10,000 · paid last 24h +0.158%
Price spread now: BingX against Aster+0.147%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1841.842% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.196%−$20 on $10k
Price spread, last 7 days−0.300%−$30 · spread now +0.147%, 7d avg +0.080%
Together, before fees−0.496%+ Points / potential airdropAster: Stage 5 · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and BingX is 0.067% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.080%. Mind the row above: over the last 5 days funding on this pair cost −0.196%, 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 -0.196% in total (about -13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.73 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 BULLAUSDT0.10640.0100pay 0.0050% / 4h53m 44s$5.9M$1.1M5x
ShortBingX BULLA-USDT0.10650.1446get 0.0723% / 4h53m 44s$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$282.66
Price spread: +0.147% → +0.080%
$6.69
Slippage, 4 orders
−$166.2
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$105.15
Costs to cover
1.842%
Break-even
4.4 days
Slippage from Aster: live order book, 5 min ago; BingX: live order book, 13 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, 5 min ago9.89 bp47.9 bp −$48466.2 bp −$4,662doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago0.93 bp41.9 bp −$42207.4 bp −$2,074doesn'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
Aster BULLAUSDTlong+0.0100%4h0.1064long leg$5.9M$1.1M5x
BingX BULLA-USDTshort+0.1446%4h0.1065+0.147%$6.6M
Binance BULLAUSDT+0.1472%4h0.1065+0.118%$11.8M$9.7M10xas long as short
MEXC BULLA_USDT+0.1482%4h0.1065+0.109%$7.7M$394K20xas long as short
Gate BULLA_USDT+0.1720%4h0.1069+0.453%$1.3M$324K10xas long as short