Funding you earn now, next payment 08:00 UTC−0.1090%/8h= −119.4% APRnext payment −$5.45 per $10,000 · paid last 24h −0.039%
Price spread now: Aster against Gate−0.467%7-day average −0.217% · 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−$540as in the Price arb table
costs, in and out, $10k−$5155.152% of the position
Funding, last 6 days (all we have)+0.071%+$7 on $10k
+Price spread, last 7 days+0.328%+$33 · spread now −0.467%, 7d avg −0.217%
=Together, before fees+0.399%+ Points / potential airdropAster: Stage 5 · farm board+$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Aster is 0.250% cheaper against Gate than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.217%). Swap the legs. Mind the row above: over the last 6 days funding on this pair paid +0.071%, 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 6 days it paid 0.071% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.45 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 | Gate BULLA_USDT | 0.1058 | 0.1190 | pay 0.0595% / 4h | 2h 32m | $1.3M | $377K | 10x |
| Short | Aster BULLAUSDT | 0.1053 | 0.0100 | get 0.0050% / 4h | 2h 32m | $5.9M | $1.1M | 5x |
Gate BULLA_USDT
Aster BULLAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- −$228.9
- Price spread: −0.467% → −0.217%
- −$24.96
- Slippage, 4 orders
- −$492.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$769.07
- Costs to cover
- 5.152%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Aster: live order book, 2 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 Gate live order book, 5 min ago | 2.27 bp | 273.5 bp −$274 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 5.07 bp | 45.6 bp −$46 | 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 | 0.1053 | −0.467% | $5.9M | $1.1M | 5x | |
| BingX BULLA-USDT | +0.0960% | 4h | 0.1054 | −0.341% | — | $6.6M | — | as long as short |
| MEXC BULLA_USDT | +0.1004% | 4h | 0.1054 | −0.332% | $7.6M | $407K | 20x | as long as short |
| Binance BULLAUSDT | +0.1007% | 4h | 0.1054 | −0.353% | $11.7M | $10.2M | 10x | as long as short |
| Gate BULLA_USDTlong | +0.1190% | 4h | 0.1058 | long leg | $1.3M | $377K | 10x |
BingX BULLA-USDT
MEXC BULLA_USDT
Binance BULLAUSDT