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

IN

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0274%/8h= +30.0% APRnext payment +$1.37 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bitget−0.515%7-day average −0.184% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$618as in the Price arb table
costs, in and out, $10k−$5855.852% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.034%+$3 on $10k
Price spread, last 4 days (all we have)+0.334%+$33 · spread now −0.515%, 7d avg −0.184%
Together, before fees+0.368%+ Points / potential airdropAster: Stage 5 · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.331% cheaper against Bitget than usual: you would sell low and buy high (spread −0.515% now, against its 7-day average of −0.184%). If the spread goes back, that is −$33 on $10k: about 4.0 days of funding at the current rate (+$8 a day). At the pace of the last 5 days (+0.034% in total) that is about 53 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.034% in total (about 2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.37 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 INUSDT0.035670.0100pay 0.0050% / 4h2h 12m$835K$167K25x
ShortAster INUSDT0.035490.0374get 0.0187% / 4h2h 12m$128K$21K5x

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
$57.46
Price spread: −0.515% → −0.184%
−$33.06
Slippage, 4 orders
−$565.21
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$560.81
Costs to cover
5.852%
Break-even
75.3 days
Slippage from Bitget: live order book, 53 min ago; Aster: live order book, 54 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, 53 min ago5.67 bp54.2 bp −$54603.2 bp −$6,032doesn't fitdoesn't fit
Sell Aster live order book, 54 min ago11.35 bp383.6 bp −$384doesn't fitdoesn't fitdoesn't fit

IN on 9 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
Bybit INUSDT+0.0100%4h0.03559−0.224%$758K$167K20xas long as short
KuCoin INUSDTM+0.0100%4h0.03565−0.056%$297K$66K30xas long as short
Bitget INUSDTlong+0.0100%4h0.03567long leg$835K$167K25x
Variational Omni IN+0.0100%4h0.03552−0.411%$1K$6as long as short
Aster INUSDTshort+0.0374%4h0.03549−0.515%$128K$21K5x
BingX IN-USDT+0.0386%4h0.03559−0.224%$2.3Mas long as short
MEXC IN_USDT+0.0404%4h0.03558−0.252%$275K$93K20xas long as short
Binance INUSDT+0.0406%4h0.03560−0.196%$2.0M$1.3M25xas long as short
Gate IN_USDT+0.0620%4h0.03556−0.308%$233K$137K50xas long as short