Funding you earn now, next payment 00:00 UTC−0.0425%/8h= −46.6% APRnext payment −$2.13 per $10,000 · paid last 24h −0.407%
Price spread now: Aster against KuCoin+0.895%7-day average +0.791% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$463as in the Price arb table
costs, in and out, $10k−$4734.731% of the position
Funding, last 5 days (all we have)−2.725%−$273 on $10k
+Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.895%, 7d avg +0.791%
=Together, before fees−2.860%+ Points / potential airdropAster: Stage 5 · farm board−$286 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.103% dearer against KuCoin than usual: you sell high and buy low (spread +0.895% now, against its 7-day average of +0.791%): +$10 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 5 days (−2.725% in total) that is about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUSDTM | 1.4684 | 0.0778 | pay 0.0389% / 4h | 2h 37m | $1.4M | $4.4M | 10x |
| Short | Aster MUSDT | 1.4815 | 0.0353 | get 0.0176% / 4h | 2h 37m | $15K | $115K | 5x |
KuCoin MUSDTM
Aster MUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$89.28
- Price spread: +0.895% → +0.791%
- $10.35
- Slippage, 4 orders
- −$453.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$552.06
- Costs to cover
- 4.731%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Aster: live order book, 47 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 KuCoin live order book, 5 min ago | 35.32 bp | 148.7 bp −$149 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 47 min ago | 14.73 bp | 142.2 bp −$142 | 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 | 1.4791 | +0.729% | $4.7M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4785 | +0.689% | $2.0M | $887K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4804 | +0.818% | $1.9M | $342K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4798 | +0.774% | $91K | $42K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4818 | +0.913% | $2K | $139 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4796 | +0.763% | $2K | $537K | 20x | as long as short |
| Aster MUSDTshort | +0.0353% | 4h | 1.4815 | +0.895% | $15K | $115K | 5x | |
| BingX M-USDT | +0.0551% | 4h | 1.4807 | +0.838% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.0592% | 4h | 1.4809 | +0.852% | $248K | $111K | 50x | as long as short |
| Binance MUSDT | +0.0600% | 4h | 1.4808 | +0.848% | $5.5M | $4.5M | 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 | +0.0611% | 4h | 1.4782 | +0.668% | $351K | $402K | 10x | as long as short |
| KuCoin MUSDTMlong | +0.0778% | 4h | 1.4684 | long leg | $1.4M | $4.4M | 10x |
BloFin M-USDT