Funding you earn now, next payment 00:00 UTC+0.0426%/8h= +46.7% APRnext payment +$2.13 per $10,000 · paid last 24h +0.068%
Price spread now: Aster against Bitget−0.165%7-day average +0.077% · 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−$274as in the Price arb table
costs, in and out, $10k−$2492.495% of the position
Funding, last 5 days (all we have)+0.208%+$21 on $10k
+Price spread, last 4 days (all we have)+0.399%+$40 · spread now −0.165%, 7d avg +0.077%
=Together, before fees+0.606%+ Points / potential airdropAster: Stage 5 · farm board+$61 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.242% cheaper against Bitget than usual: you would sell low and buy high (spread −0.165% now, against its 7-day average of +0.077%). If the spread goes back, that is −$24 on $10k: about 45 hours of funding at the current rate (+$13 a day). At the pace of the last 5 days (+0.208% in total) that is about 6.1 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.208% in total (about 14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.13 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 | Bitget EDGEUSDT | 0.5906 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $4.7M | $996K | 20x |
| Short | Aster EDGEUSDT | 0.5896 | 0.0526 | get 0.0263% / 4h | 1h 03m | $68K | $136K | 5x |
Bitget EDGEUSDT
Aster EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- $89.52
- Price spread: −0.165% → +0.077%
- −$24.17
- Slippage, 4 orders
- −$229.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$184.12
- Costs to cover
- 2.495%
- Break-even
- 21.4 days
Slippage from Bitget: live order book, 10 min ago; Aster: live order book, 13 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 Bitget live order book, 10 min ago | 4.26 bp | 27.1 bp −$27 | 427.7 bp −$4,277 | doesn't fit | doesn't fit |
| Sell Aster live order book, 13 min ago | 5.11 bp | 34.9 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
EDGE on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGE | +0.0096% | 1h | 0.5893 | −0.218% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5900 | −0.102% | $7.0M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDTlong | +0.0100% | 4h | 0.5906 | long leg | $4.7M | $996K | 20x | |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5908 | +0.039% | $60K | $100K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5881 | −0.420% | $191K | $130K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5893 | −0.220% | $12K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5895 | −0.186% | $8K | $294K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6152 | +4.165% | $4K | $610K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0250% | 4h | 0.5905 | −0.017% | $2.1M | $2.3M | 50x | as long as short |
| BloFin EDGE-USDT | +0.0474% | 4h | 0.5894 | −0.203% | $634K | $126K | 50x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDT | +0.0508% | 4h | 0.5911 | +0.085% | $1.2M | $921K | 50x | as long as short |
| Extended EDGE-USD | +0.0520% | 1h | 0.5911 | +0.091% | $27K | $230K | 5x | as long as short |
| Binance EDGEUSDT | +0.0520% | 4h | 0.5911 | +0.085% | $10.0M | $10.1M | 50x | as long as short |
| Aster EDGEUSDTshort | +0.0526% | 4h | 0.5896 | −0.165% | $68K | $136K | 5x | |
| edgeX EDGEUSDC | +0.0581% | 4h | 0.5893 | −0.220% | $14.1M | $3.4M | 30x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0597% | 4h | 0.5909 | +0.051% | $3K | — | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0629% | 4h | 0.5914 | +0.135% | $3.6M | $5.9M | 20x | as long as short |
MEXC EDGE_USDT
Extended EDGE-USD
Binance EDGEUSDT
edgeX EDGEUSDC
Orderly PERP_EDGE_USDC
OKX EDGE-USDT-SWAP