Funding you earn now, next payment 04:00 UTC−0.0379%/8h= −41.5% APRnext payment −$1.90 per $10,000 · paid last 24h −0.038%
Price spread now: Aster against MEXC−0.116%7-day average −0.007% · 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−$263as in the Price arb table
costs, in and out, $10k−$2522.521% of the position
Funding, last 5 days (all we have)−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.488%+$49 · spread now −0.116%, 7d avg −0.007%
=Together, before fees+0.446%+ Points / potential airdropAster: Stage 5 · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aster is 0.109% cheaper against MEXC than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.042% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.90 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 | MEXC M_USDT | 1.4537 | 0.1796 | pay 0.0898% / 4h | 2h 55m | $244K | $105K | 50x |
| Short | Aster MUSDT | 1.4520 | 0.1417 | get 0.0708% / 4h | 2h 55m | $14K | $115K | 5x |
MEXC M_USDT
Aster MUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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
- −$79.65
- Price spread: −0.116% → −0.007%
- −$10.85
- Slippage, 4 orders
- −$240.13
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$342.63
- Costs to cover
- 2.521%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 59 min ago; Aster: live order book, 11 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 MEXC live order book, 59 min ago | 1.03 bp | 34.9 bp −$35 | 47.4 bp −$474 | 102.9 bp −$10.3K | 508.5 bp −$254.2K |
| Sell Aster live order book, 11 min ago | 14.90 bp | 116.2 bp −$116 | 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 | 1.4529 | −0.055% | $4.6M | $1.9M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4527 | −0.069% | $2.0M | $857K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4565 | +0.193% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4553 | +0.110% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4555 | +0.124% | $2K | $668K | 20x | as long as short |
| Bitget MUSDT | +0.0224% | 4h | 1.4550 | +0.089% | $1.9M | $243K | 10x | as long as short |
| Aster MUSDTshort | +0.1417% | 4h | 1.4520 | −0.116% | $14K | $115K | 5x | |
| BingX M-USDT | +0.1766% | 4h | 1.4532 | −0.034% | — | $2.4M | — | as long as short |
| MEXC M_USDTlong | +0.1796% | 4h | 1.4537 | long leg | $244K | $105K | 50x | |
| Binance MUSDT | +0.1798% | 4h | 1.4538 | +0.007% | $5.6M | $3.8M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Bitget MUSDT
BingX M-USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1838% | 4h | 1.4532 | −0.034% | $355K | $431K | 10x | as long as short |
| KuCoin MUSDTM | +0.3744% | 4h | 1.4399 | −0.949% | $1.4M | $4.1M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM