Funding you earn now, next payment 04:00 UTC−0.1264%/8h= −138.5% APRnext payment −$6.32 per $10,000 · paid last 24h −0.158%
Price spread now: Aster against BingX−0.054%7-day average −0.079% · 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−$159as in the Price arb table
costs, in and out, $10k−$1621.619% of the position
Funding, last 5 days (all we have)+0.196%+$20 on $10k
+Price spread, last 7 days+0.243%+$24 · spread now −0.054%, 7d avg −0.079%
=Together, before fees+0.440%+ Points / potential airdropAster: Stage 5 · farm board+$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.025% dearer against BingX than usual: you sell high and buy low (spread −0.054% now, against its 7-day average of −0.079%): +$2 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 2 hours. Mind the row above: over the last 5 days funding on this pair paid +0.196%, 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 0.196% in total (about 13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.32 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 | BingX BULLA-USDT | 0.1060 | 0.1364 | pay 0.0682% / 4h | 31m 14s | — | $6.6M | — |
| Short | Aster BULLAUSDT | 0.1059 | 0.0100 | get 0.0050% / 4h | 31m 14s | $5.9M | $1.1M | 5x |
BingX BULLA-USDT
Aster BULLAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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
- −$265.52
- Price spread: −0.054% → −0.079%
- $2.49
- Slippage, 4 orders
- −$143.94
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$424.97
- Costs to cover
- 1.619%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Aster: live order book, 3 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 BingX live order book, 5 min ago | 1.41 bp | 34.7 bp −$35 | 244.3 bp −$2,443 | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 9.74 bp | 44.7 bp −$45 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BULLAUSDTshort | +0.0100% | 4h | 0.1059 | −0.054% | $5.9M | $1.1M | 5x | |
| BingX BULLA-USDTlong | +0.1364% | 4h | 0.1060 | long leg | — | $6.6M | — | |
| MEXC BULLA_USDT | +0.1386% | 4h | 0.1060 | −0.028% | $7.7M | $397K | 20x | as long as short |
| Binance BULLAUSDT | +0.1386% | 4h | 0.1060 | +0.025% | $11.7M | $9.7M | 10x | as long as short |
| Gate BULLA_USDT | +0.1614% | 4h | 0.1062 | +0.209% | $1.3M | $333K | 10x | as long as short |
MEXC BULLA_USDT
Binance BULLAUSDT
Gate BULLA_USDT