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−0.1164%/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 − costsunder 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
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+0.381%+$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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BULLAUSDT0.10620.2061pay 0.1031% / 4h33m 39s$11.6M$9.2M10x
ShortAster BULLAUSDT0.10600.0898get 0.0449% / 4h33m 39s$5.9M$1.1M5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago0.47 bp21.4 bp −$21257.0 bp −$2,570doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago3.21 bp51.7 bp −$52doesn't fitdoesn'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+0.0106%4h0.1066+0.343%$1.3M$258K10xas long as short
Aster BULLAUSDTshort+0.0898%4h0.1060−0.168%$5.9M$1.1M5x
BingX BULLA-USDT+0.1950%4h0.1062+0.001%$6.5Mas long as short
MEXC BULLA_USDT+0.2060%4h0.1062+0.001%$7.7M$419K20xas long as short
Binance BULLAUSDTlong+0.2061%4h0.1062long leg$11.6M$9.2M10x