M

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0299%/8h= +32.7% APRnext payment +$1.49 per $10,000 · paid last 24h +0.016%

Price spread now: BloFin against Aster−0.047%112s7-day average +0.008% · 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—prices read too far apart to compare

costs, in and out, $10k−$2842.840% of the position

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.015%+$2 on $10k

Price spread, last 3 days (all we have)+0.133%+$13 · spread now −0.047%, 7d avg +0.008%

Together, before fees+0.149%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.055% cheaper against Aster than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.008%). If the spread goes back, that is −$6 on $10k: about 15 hours of funding at the current rate (+$9 a day). At the pace of the last 5 days (+0.015% in total) that is about 19 days. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.015% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.49 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 MUSDT	1.4442	0.0798	pay 0.0399% / 4h	59m 19s	$14K	$114K	5x
Short	BloFin M-USDT	1.4435	0.1097	get 0.0549% / 4h	59m 19s	$349K	$412K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.047%Rate

Funding earned: $62.71
Price spread: −0.047% → +0.008%: −$5.52
Slippage, 4 orders: −$264.04
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$226.85
Costs to cover: 2.840%
Break-even: 32.3 days

Slippage from Aster: live order book, 16 min ago; BloFin: live order book, 16 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, 16 min ago	16.49 bp	98.8 bp −$99	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 16 min ago	15.47 bp	32.2 bp −$32	doesn't fit	doesn't fit	doesn't fit

M on 12 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
Bybit MUSDT	+0.0100%	4h	1.4420	−0.151%	$4.6M	$2.3M	20x	as long as short
Gate M_USDT	+0.0100%	8h	1.4399	−0.297%	$1.9M	$902K	10x	as long as short
Bitget MUSDT	+0.0100%	4h	1.4452	+0.070%	$1.9M	$357K	10x	as long as short
Variational Omni M	+0.0100%	4h	1.4419	−0.161%	$89K	$42K	—	as long as short
Orderly PERP_M_USDC	+0.0100%	4h	1.4439	−0.020%	$2K	$596	10x	as long as short
SunX M-USDT	+0.0100%	4h	1.4452	+0.070%	$2K	$580K	20x	as long as short
Aster MUSDTlong	+0.0798%	4h	1.4442	long leg	$14K	$114K	5x
BingX M-USDT	+0.1064%	4h	1.4432	−0.068%	—	$2.4M	—	as long as short
BloFin M-USDTshort	+0.1097%	4h	1.4435	−0.047%	$349K	$412K	10x
MEXC M_USDT	+0.1160%	4h	1.4428	−0.096%	$246K	$110K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MUSDTM	+0.1176%	4h	1.4287	−1.073%	$1.4M	$4.4M	10x	as long as short
Binance MUSDT	+0.1180%	4h	1.4436	−0.040%	$5.4M	$4.6M	10x	as long as short