Funding you earn now, next payment 08:00 UTC−0.0250%/8h= −27.4% APRnext payment −$1.25 per $10,000 · paid last 24h −0.052%
Price spread now: Aster against Binance−0.036%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.036% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUSDT | 1.3821 | 0.0706 | pay 0.0353% / 4h | 3h 08m | $5.4M | $3.9M | 10x |
| Short | Aster MUSDT | 1.3816 | 0.0457 | get 0.0228% / 4h | 3h 08m | $14K | $83K | 5x |
Binance MUSDT
Aster MUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$52.49
- Price spread: −0.036% → 0.000%
- −$3.59
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$74.07
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 14 min ago; Aster: no order-book sample. Net counts fees only.
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 Binance live order book, 14 min ago | 0.35 bp | 38.0 bp −$38 | 395.2 bp −$3,952 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate M_USDT | +0.0100% | 8h | 1.3798 | −0.166% | $1.9M | $896K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.3826 | +0.036% | $1.8M | $247K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.3815 | −0.044% | $85K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3791 | −0.217% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.3794 | −0.195% | $2K | $796K | 20x | as long as short |
| Bybit MUSDT | +0.0196% | 4h | 1.3811 | −0.072% | $4.3M | $1.8M | 20x | as long as short |
| Aster MUSDTshort | +0.0457% | 4h | 1.3816 | −0.036% | $14K | $83K | 5x | |
| BingX M-USDT | +0.0650% | 4h | 1.3826 | +0.036% | — | $2.4M | — | as long as short |
| BloFin M-USDT | +0.0668% | 4h | 1.3820 | −0.007% | $354K | $440K | 10x | as long as short |
| MEXC M_USDT | +0.0706% | 4h | 1.3820 | −0.007% | $228K | $109K | 50x | as long as short |
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Bybit MUSDT
BingX M-USDT
BloFin M-USDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDTlong | +0.0706% | 4h | 1.3821 | long leg | $5.4M | $3.9M | 10x | |
| KuCoin MUSDTM | +0.1602% | 4h | 1.3667 | −1.116% | $1.4M | $3.9M | 10x | as long as short |
KuCoin MUSDTM