Funding arb · Price arb / Crypto
CHEEMS
All CHEEMS markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.0000003694 | −0.2778 | get 0.1389% / 4h | 2h 03m | $147K | $142K | 25x | Long Bitget | |
| SHORT | 0.0000003681 | −0.0711 | pay 0.0355% / 4h | 2h 03m | $173K | $4K | 5x | Short Aster≤10% back |
Price gap−0.341%
Funding gap+0.2067% /8h
Funding pays +$62 a day on $10k, but the gap is 0.377% under its 7d average: −$38 if it goes back, about 15 hours of funding. At the last 7 days' pace that is about 37 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$172+0.2067% /8h now · paid +1.716% over the last 7D
Price−$38spread −0.341% now, avg +0.035% → −0.377% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$134+1.34%+ Points / potential airdropAster: Stage 5 · farm boardcosts unknown: book too thin at $10k ·
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.341%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCHEEMS on 7 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Aster’s order book right now.
- Note: Margin at max leverage$400 + $2,000Bitget 25x, Aster 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$62.01Long Bitget: 6 payments, +$83.34; short Aster: 6 payments, −$21.33.
- Watch: Gap narrower than usual−0.341% vs +0.035%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$147K vs $173K OIBitget sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCBitget Yes · Aster NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0817%/8h × 21 periods+$171.64
Price spread−0.341% → +0.035% (7d avg)−$37.66
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Bitget bp × 2 orders−$12.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Bitget: live order book, 46 min ago; Aster: live order book, 50 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget1.3655.2 bp−$55doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAster15.01doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

