Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h +0.004%
Price spread now: Aster against Bullet+0.001%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$200.197% of the position
Funding, last 4 days (all we have)+0.028%+$3 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now +0.001%, 7d avg −0.006%
=Together, before fees+0.021%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet ETH-USD | 2,730.6 | 0.0100 | pay 0.0013% / 1h | 43m 27s | $184K | $1.7M | 20x |
| Short | Aster ETHUSDT | 2,730.6 | 0.0082 | get 0.0082% / 8h | 43m 27s | $252.9M | $849.3M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bullet. 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
- −$3.88
- Price spread: +0.001% → −0.006%
- $0.68
- Slippage, 4 orders
- −$3.66
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$22.86
- Costs to cover
- 0.197%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 1 min ago; Aster: live order book, 6 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 Bullet live order book, 1 min ago | 0.55 bp | 4.8 bp −$5 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell Aster live order book, 6 min ago | 0.02 bp | 4.0 bp −$4 | 4.1 bp −$41 | 4.8 bp −$484 | 10.2 bp −$5,102 |
ETH on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ETH-USDT | −0.0175% | 8h | 2,731.1 | +0.020% | $281.2M | $177.9M | 150x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,732.1 | +0.057% | $5K | $1K | 50x | as long as short |
| Phoenix ETH | −0.0015% | 1h | 2,733.5 | +0.108% | $811K | $3.0M | 25x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,730.9 | +0.014% | $11.9M | — | 200x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,731.3 | +0.029% | $10.5M | $42.6M | 50x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,732.2 | +0.060% | $6.3M | $680.6M | 4.9x | as long as short |
| Perpl ETH | 0.0000% | 43m | 2,730.3 | −0.009% | $286K | $5.7M | 8.3x | as long as short |
| Deribit ETH-PERPETUAL | 0.0000% | 1h | 2,732.8 | +0.081% | $262.4M | $211.9M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0006% | 1h | 2,732.8 | +0.081% | $33.0M | — | 200x | as long as short |
| BingX ETH-USDC | +0.0019% | 8h | 2,729.8 | −0.029% | — | $18.6M | — | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHUSDT | +0.0024% | 8h | 2,729.8 | −0.026% | $2.33B | $4.36B | 150x | as long as short |
| HTX ETH-USDT | +0.0029% | 8h | 2,731.3 | +0.027% | $1.05B | $1.22B | 200x | as long as short |
| 01 Exchange ETHUSD | +0.0032% | 1h | 2,731.7 | +0.042% | $191K | $889K | 50x | as long as short |
| Injective ETH/USDC PERP | +0.0050% | 1h | 2,732.8 | +0.082% | $117K | $20.2M | 52x | as long as short |
| ApeX Omni ETHUSDT | +0.0057% | 1h | 2,731.2 | +0.025% | $8.6M | $31.6M | 100x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0060% | 1h | 2,732.1 | +0.057% | $82.0M | $309.2M | 100x | as long as short |
| KuCoin ETHUSDTM | +0.0072% | 8h | 2,730.9 | +0.011% | $384.9M | $576.9M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0072% | 1h | 2,733.1 | +0.093% | $242K | $1.4M | 20x | as long as short |
| OKX ETH-USDT-SWAP | +0.0075% | 8h | 2,729.8 | −0.027% | $1.65B | $10.85B | 100x | as long as short |
| Aster ETHUSDTshort | +0.0082% | 8h | 2,730.6 | +0.001% | $252.9M | $849.3M | 200x | |
| MEXC ETH_USDT | +0.0094% | 8h | 2,731 | +0.015% | $1.56B | $2.56B | 500x | as long as short |
| Binance ETHUSDT | +0.0094% | 8h | 2,730.4 | −0.007% | $6.32B | $16.14B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,731.7 | +0.041% | $112.6M | $429.4M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,732.7 | +0.077% | $23.5M | $102.0M | 50x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,730 | −0.019% | $4.9M | $181K | 20x | as long as short |
| Phemex ETHUSDT | +0.0099% | 8h | 2,731.8 | +0.045% | $263.3M | $64.5M | 150x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,730.5 | −0.002% | $499K | $3.5M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,735.2 | +0.169% | $15.4M | $7.8M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,730.7 | +0.004% | $14.0M | $104.9M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,733.6 | +0.112% | $3.11B | $2.04B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,732 | +0.054% | $32.1M | $333.6M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,730.1 | −0.016% | $2.7M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,731.8 | +0.045% | $1.5M | $15.9M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,729.5 | −0.038% | $162.7M | $356.9M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,730.9 | +0.013% | $3.31B | $8.86B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,730.9 | +0.011% | $2.10B | $2.77B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,731 | +0.016% | $15.0M | $41.2M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,731.6 | +0.040% | $134.1M | $318.3M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,731.7 | +0.043% | $185.7M | $684.0M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,732 | +0.054% | $158.8M | $83.6M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,732.2 | +0.060% | $21.0M | $70.6M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,732.7 | +0.080% | — | $445K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,732.1 | +0.057% | $11.2M | $9.4M | 50x | as long as short |
| Bullet ETH-USDlong | +0.0100% | 1h | 2,730.6 | long leg | $184K | $1.7M | 20x | |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,730.6 | +0.003% | $22K | $20K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,732.6 | +0.074% | $40.9M | $30.1M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,730.8 | +0.009% | $957K | $10.9M | 100x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,731.4 | +0.031% | $54.4M | $187.1M | 40x | as long as short |
| Aftermath Perps ETHUSD | +0.0103% | 1h | 2,731.8 | +0.044% | $30K | $20K | 20x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,730.1 | −0.016% | $30.4M | $72.5M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0056% | 1h | 2,731.4 | +0.031% | — | $30.4M | 500x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,732.9 | +0.085% | $46.5M | $4.30B | 50x | as long as short |
| RISEx ETH/USDC | +0.0114% | 1h | 2,731.4 | +0.030% | $5.6M | $11.7M | 25x | as long as short |
| Reya ETHRUSDPERP | +0.0183% | 1h | 2,730 | −0.019% | $7.3M | $975K | 25x | as long as short |
| Orderly PERP_ETH_USDC | +0.0184% | 8h | 2,732.3 | +0.064% | $32.2M | $11.3M | 100x | as long as short |
Bullet ETH-USD
Aster ETHUSDT
BloFin ETH-USDT
Phoenix ETH
GMX ETH/USD [ETH-USDC]
Kalshi KXETHPERP
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USD
BingX ETH-USDC
Bybit ETHUSDT
HTX ETH-USDT
01 Exchange ETHUSD
Injective ETH/USDC PERP
ApeX Omni ETHUSDT
Kraken Futures PF_ETHUSD
KuCoin ETHUSDTM
OKX ETH-USDT-SWAP
MEXC ETH_USDT
Binance ETHUSDT
Lighter ETH
Lighter RH ETH
Phemex ETHUSDT
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Hyperliquid ETH
Pacifica ETH
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
SoDEX ETH-USD
Aftermath Perps ETHUSD
Extended ETH-USD
Coinbase International ETH-PERP-INTX
RISEx ETH/USDC