Settings8H · net · $10k
Funding arb · Price arb /

G

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.5277%/8h= −577.9% APRnext payment $6.60 per $10,000 · paid last 24h −0.476%
Price spread now: Aster against Bitget−0.189%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$930.930% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−1.050%−$105 on $10k
Price spread, last 7 days−0.360%−$36 · spread now −0.189%, 7d avg −0.004%
Together, before fees−1.409%+ Points / potential airdropAster: Stage 5 · farm board−$141 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$158 a day on $10k at the current rate, and Aster is 0.185% cheaper against Bitget than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -1.050% in total (about -72.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GUSDT0.006352−0.5584get 0.0698% / 1h57m 41s$1.4M$11.1M50x
ShortAster GUSDT0.006340−1.0861pay 0.1358% / 1h57m 41s$620K$2.3M5x

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

Profit calculator

Funding earned
−$1,108.21
Price spread: −0.189% → −0.004%
−$18.53
Slippage, 4 orders
−$72.98
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$1,219.72
Costs to cover
0.930%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Aster: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago3.94 bp16.5 bp −$17111.7 bp −$1,117doesn't fitdoesn't fit
Sell Aster live order book, 1 min ago6.30 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit

G on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC G_USDT−1.1288%1h0.006347−0.079%$4.1M$1.5M20xas long as short
Binance GUSDT−1.1276%1h0.006348−0.063%$8.9M$87.7M50xas long as short
Aster GUSDTshort−1.0861%1h0.006340−0.189%$620K$2.3M5x
Gate G_USDT−0.8408%1h0.006347−0.079%$889K$6.3M25xas long as short
KuCoin GUSDTM−0.6120%1h0.006317−0.551%$1.6M$1.6M30xas long as short
Bitget GUSDTlong−0.5584%1h0.006352long leg$1.4M$11.1M50x
BingX G-USDT−0.2520%1h0.006345−0.110%$3.3Mas long as short