FORM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0334%/8h= +36.6% APRnext payment +$1.67 per $10,000 · paid last 24h +0.029%

Price spread now: BingX against Aster−0.127%7-day average +0.031% · 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−$152as in the Price arb table

costs, in and out, $10k−$1371.365% of the position

Long on Aster Short on BingX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.049%+$5 on $10k

Price spread, last 4 days (all we have)−0.372%−$37 · spread now −0.127%, 7d avg +0.031%

Together, before fees−0.323%+ Points / potential airdropAster: Stage 5 · farm board−$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.158% cheaper against Aster than usual: you would sell low and buy high (spread −0.127% now, against its 7-day average of +0.031%). If the spread goes back, that is −$16 on $10k: about 38 hours of funding at the current rate (+$10 a day). At the pace of the last 5 days (+0.049% in total) that is about 17 days.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.049% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.67 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	Aster FORMUSDT	0.3275	0.0100	pay 0.0050% / 4h	57m 14s	$45K	$934K	5x
Short	BingX FORM-USDT	0.3271	0.0434	get 0.0217% / 4h	57m 14s	—	$3.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BingXbpOrdersPrice spread, now −0.127%Rate

Funding earned: $70.14
Price spread: −0.127% → +0.031%: −$15.81
Slippage, 4 orders: −$118.54
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$82.2
Costs to cover: 1.365%
Break-even: 15.2 days

Slippage from Aster: live order book, 1 min ago; BingX: live order book, 8 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 Aster live order book, 1 min ago	9.16 bp	31.3 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	5.94 bp	31.5 bp −$32	104.7 bp −$1,047	671.9 bp −$67.2K	1122.0 bp −$561.0K

FORM on 10 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
gTrade (Gains Network) FORM/USD	L −0.0007% / S +0.0008%	1h	0.3272	−0.094%	—	—	—	as long as short
Aster FORMUSDTlong	+0.0100%	4h	0.3275	long leg	$45K	$934K	5x
Binance FORMUSDT	+0.0100%	4h	0.3283	+0.227%	$17.1M	$160.4M	50x	as long as short
Gate FORM_USDT	+0.0100%	4h	0.3269	−0.188%	$701K	$4.8M	50x	as long as short
MEXC FORM_USDT	+0.0100%	4h	0.3279	+0.117%	$1.7M	$9.3M	100x	as long as short
Bitget FORMUSDT	+0.0100%	4h	0.3281	+0.178%	$1.1M	$9.6M	50x	as long as short
BloFin FORM-USDT	+0.0144%	4h	0.3281	+0.178%	$1.0M	$382K	50x	as long as short
KuCoin FORMUSDTM	+0.0248%	4h	0.3282	+0.208%	$351K	$1.4M	30x	as long as short
Bybit FORMUSDT	+0.0413%	4h	0.3281	+0.178%	$2.2M	$13.3M	20x	as long as short
BingX FORM-USDTshort	+0.0434%	4h	0.3271	−0.127%	—	$3.8M	—