Funding you earn now, next payment 00:00 UTC−0.1164%/8h= −127.4% APRnext payment −$5.82 per $10,000 · paid last 24h −0.095%
Price spread now: Aster against Binance−0.168%7-day average −0.044% · 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−$151as in the Price arb table
costs, in and out, $10k−$1381.384% of the position
Funding, last 5 days (all we have)+0.187%+$19 on $10k
+Price spread, last 7 days+0.381%+$38 · spread now −0.168%, 7d avg −0.044%
=Together, before fees+0.567%+ Points / potential airdropAster: Stage 5 · farm board+$57 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and Aster is 0.124% cheaper against Binance than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.044%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.187%, so the current rate has only just turned against you.
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 12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BULLAUSDT | 0.1062 | 0.2061 | pay 0.1031% / 4h | 33m 39s | $11.6M | $9.2M | 10x |
| Short | Aster BULLAUSDT | 0.1060 | 0.0898 | get 0.0449% / 4h | 33m 39s | $5.9M | $1.1M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$244.36
- Price spread: −0.168% → −0.044%
- −$12.42
- Slippage, 4 orders
- −$120.41
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$395.19
- Costs to cover
- 1.384%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Aster: live order book, 5 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 Binance live order book, 7 min ago | 0.47 bp | 21.4 bp −$21 | 257.0 bp −$2,570 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 3.21 bp | 51.7 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
BULLA on 5 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 BULLA_USDT | +0.0106% | 4h | 0.1066 | +0.343% | $1.3M | $258K | 10x | as long as short |
| Aster BULLAUSDTshort | +0.0898% | 4h | 0.1060 | −0.168% | $5.9M | $1.1M | 5x | |
| BingX BULLA-USDT | +0.1950% | 4h | 0.1062 | +0.001% | — | $6.5M | — | as long as short |
| MEXC BULLA_USDT | +0.2060% | 4h | 0.1062 | +0.001% | $7.7M | $419K | 20x | as long as short |
| Binance BULLAUSDTlong | +0.2061% | 4h | 0.1062 | long leg | $11.6M | $9.2M | 10x |
Binance BULLAUSDT
Aster BULLAUSDT
Gate BULLA_USDT
BingX BULLA-USDT
MEXC BULLA_USDT