Funding you earn now, next payment 00:00 UTC+0.0682%/8h= +74.7% APRnext payment +$3.41 per $10,000 · paid last 24h +0.101%
Price spread now: Aster against Orderly−0.071%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Aster is 0.071% cheaper against Orderly than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$20 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_M_USDC | 1.4444 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $2K | $596 | 10x |
| Short | Aster MUSDT | 1.4434 | 0.0782 | get 0.0391% / 4h | 1h 00m | $14K | $114K | 5x |
Orderly PERP_M_USDC
Aster MUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. 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
- $143.23
- Price spread: −0.071% → 0.000%
- −$7.15
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $122.09
- Costs to cover
- 0.140%
- Break-even
- 1.0 days
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 15 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 15 min ago | 16.49 bp | 118.0 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4412 | −0.222% | $4.6M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4405 | −0.270% | $1.9M | $932K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4454 | +0.069% | $1.9M | $355K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4416 | −0.197% | $89K | $42K | — | as long as short |
| Orderly PERP_M_USDClong | +0.0100% | 4h | 1.4444 | long leg | $2K | $596 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.4450 | +0.042% | $2K | $581K | 20x | as long as short |
| Aster MUSDTshort | +0.0782% | 4h | 1.4434 | −0.071% | $14K | $114K | 5x | |
| BingX M-USDT | +0.1064% | 4h | 1.4432 | −0.083% | — | $2.4M | — | as long as short |
| BloFin M-USDT | +0.1097% | 4h | 1.4435 | −0.062% | $349K | $412K | 10x | as long as short |
| MEXC M_USDT | +0.1148% | 4h | 1.4433 | −0.076% | $246K | $113K | 50x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
SunX M-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MUSDTM | +0.1152% | 4h | 1.4282 | −1.124% | $1.4M | $4.4M | 10x | as long as short |
| Binance MUSDT | +0.1162% | 4h | 1.4438 | −0.042% | $5.4M | $4.6M | 10x | as long as short |
KuCoin MUSDTM
Binance MUSDT