Funding you earn now, next payment 00:00 UTC+0.0753%/8h= +82.4% APRnext payment +$3.76 per $10,000 · paid last 24h +0.407%
Price spread now: KuCoin against Aster−1.002%7-day average −0.794% · 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−$471as in the Price arb table
costs, in and out, $10k−$4504.505% of the position
Funding, last 5 days (all we have)+2.725%+$273 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now −1.002%, 7d avg −0.794%
=Together, before fees+2.856%+ Points / potential airdropAster: Stage 5 · farm board+$286 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.208% cheaper against Aster than usual: you would sell low and buy high (spread −1.002% now, against its 7-day average of −0.794%). If the spread goes back, that is −$21 on $10k: about 22 hours of funding at the current rate (+$23 a day). At the pace of the last 5 days (+2.725% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MUSDT | 1.4473 | 0.1035 | pay 0.0518% / 4h | 7m 40s | $15K | $116K | 5x |
| Short | KuCoin MUSDTM | 1.4328 | 0.1788 | get 0.0894% / 4h | 7m 40s | $1.4M | $4.3M | 10x |
Aster MUSDT
KuCoin MUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $158.11
- Price spread: −1.002% → −0.794%
- −$20.79
- Slippage, 4 orders
- −$430.46
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$313.14
- Costs to cover
- 4.505%
- Break-even
- 20.9 days
Slippage from Aster: live order book, 3 min ago; KuCoin: live order book, 5 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, 3 min ago | 15.24 bp | 80.9 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 7.72 bp | 97.2 bp −$97 | 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 | 1.4462 | −0.078% | $4.6M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4435 | −0.264% | $1.9M | $954K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4438 | −0.244% | $1.9M | $354K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4440 | −0.231% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4459 | −0.099% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4476 | +0.019% | $2K | $634K | 20x | as long as short |
| Aster MUSDTlong | +0.1035% | 4h | 1.4473 | long leg | $15K | $116K | 5x | |
| BingX M-USDT | +0.1362% | 4h | 1.4458 | −0.106% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.1444% | 4h | 1.4467 | −0.043% | $243K | $113K | 50x | as long as short |
| Binance MUSDT | +0.1445% | 4h | 1.4466 | −0.050% | $5.5M | $4.8M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
BingX M-USDT
MEXC M_USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1475% | 4h | 1.4471 | −0.016% | $354K | $430K | 10x | as long as short |
| KuCoin MUSDTMshort | +0.1788% | 4h | 1.4328 | −1.002% | $1.4M | $4.3M | 10x |
BloFin M-USDT