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: Aster against BingX+0.152%7-day average −0.031% · 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−$141as in the Price arb table

costs, in and out, $10k−$1591.593% of the position

Long on BingX Short on Aster

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)+0.347%+$35 · spread now +0.152%, 7d avg −0.031%

Together, before fees+0.298%+ Points / potential airdropAster: Stage 5 · farm board+$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.183% dearer against BingX than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of −0.031%): +$18 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 44 hours. At the pace of the last 5 days (−0.049% in total) that is about 20 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	BingX FORM-USDT	0.3266	0.0434	pay 0.0217% / 4h	57m 54s	—	$3.8M	—
Short	Aster FORMUSDT	0.3271	0.0100	get 0.0050% / 4h	57m 54s	$45K	$934K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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 BingXbpFee AsterbpOrdersPrice spread, now +0.152%Rate

Funding earned: −$70.14
Price spread: +0.152% → −0.031%: $18.29
Slippage, 4 orders: −$141.35
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$211.19
Costs to cover: 1.593%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; Aster: live order book, 65 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 BingX live order book, 7 min ago	5.94 bp	35.7 bp −$36	107.4 bp −$1,074	695.9 bp −$69.6K	1203.4 bp −$601.7K
Sell Aster live order book, 65 min ago	15.30 bp	35.6 bp −$36	doesn't fit	doesn't fit	doesn't fit

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	0.3287	+0.630%	—	—	—	as long as short
Aster FORMUSDTshort	+0.0100%	4h	0.3271	+0.152%	$45K	$934K	5x
Binance FORMUSDT	+0.0100%	4h	0.3265	−0.035%	$17.2M	$160.3M	50x	as long as short
Gate FORM_USDT	+0.0100%	4h	0.3279	+0.398%	$706K	$4.8M	50x	as long as short
MEXC FORM_USDT	+0.0100%	4h	0.3269	+0.092%	$1.7M	$9.2M	100x	as long as short
Bitget FORMUSDT	+0.0100%	4h	0.3274	+0.245%	$1.1M	$9.6M	50x	as long as short
BloFin FORM-USDT	+0.0110%	4h	0.3314	+1.470%	$1.0M	$386K	50x	as long as short
KuCoin FORMUSDTM	+0.0252%	4h	0.3284	+0.551%	$351K	$1.4M	30x	as long as short
Bybit FORMUSDT	+0.0428%	4h	0.3263	−0.086%	$2.2M	$13.3M	20x	as long as short
BingX FORM-USDTlong	+0.0434%	4h	0.3266	long leg	—	$3.8M	—