Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRnext payment +$0.57 per $10,000 · paid last 24h +0.004%
Price spread now: Aster against Binance+0.101%7-day average +0.071% · 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−$224as in the Price arb table
costs, in and out, $10k−$2272.269% of the position
Funding, last 6 days (all we have)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.101%, 7d avg +0.071%
=Together, before fees+0.065%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.030% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHFIUSDT | 0.6949 | −0.0013 | get 0.0007% / 4h | 1h 08m | $24.1M | $36.4M | 75x |
| Short | Aster ETHFIUSDT | 0.6956 | 0.0100 | get 0.0050% / 4h | 1h 08m | $178K | $262K | 10x |
Binance ETHFIUSDT
Aster ETHFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- $23.77
- Price spread: +0.101% → +0.071%
- $2.99
- Slippage, 4 orders
- −$208.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$200.18
- Costs to cover
- 2.269%
- Break-even
- 66.0 days
Slippage from Binance: live order book, 3 min ago; Aster: live order book, 33 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 Binance live order book, 3 min ago | 0.72 bp | 14.3 bp −$14 | 28.7 bp −$287 | 187.2 bp −$18.7K | doesn't fit |
| Sell Aster live order book, 33 min ago | 16.53 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0468% | 1h | 0.6956 | +0.101% | $41K | $11K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0416% | 4h | 0.6952 | +0.043% | $82K | $174K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0279% | 4h | 0.6953 | +0.058% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0131% | 4h | 0.6964 | +0.219% | $916K | $785K | — | as long as short |
| Extended ETHFI-USD | −0.0016% | 1h | 0.6946 | −0.043% | $95K | $505K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0014% | 8h | 0.6953 | +0.051% | $6K | — | 5x | as long as short |
| Binance ETHFIUSDTlong | −0.0013% | 4h | 0.6949 | long leg | $24.1M | $36.4M | 75x | |
| MEXC ETHFI_USDT | −0.0012% | 4h | 0.6946 | −0.043% | $15.8M | $4.2M | 125x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.188% | $321 | $51K | 5.5x | as long as short |
| Bybit ETHFIUSDT | +0.0037% | 4h | 0.6952 | +0.043% | $17.2M | $13.1M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Extended ETHFI-USD
Paradex ETHFI-USD-PERP
MEXC ETHFI_USDT
Injective ETHFI/USDC PERP
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6952 | +0.041% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6961 | +0.171% | $1.1M | $829K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6955 | +0.081% | $16.7M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDTshort | +0.0100% | 4h | 0.6956 | +0.101% | $178K | $262K | 10x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6957 | +0.115% | $5.1M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6957 | +0.115% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6954 | +0.072% | $1.2M | $228K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6948 | −0.014% | $6.1M | $4.9M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6952 | +0.043% | — | $10.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6960 | +0.161% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6965 | +0.230% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0227% | 4h | 0.6954 | +0.072% | $1.2M | $240K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.6978 | +0.417% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1690% | 1h | 0.6963 | +0.202% | $291K | $295K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD