Funding you earn now, next payment 04:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h +0.005%
Price spread now: Aster against Binance+0.127%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.127% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEUSDT | 0.07420 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $2.2M | $3.9M | 50x |
| Short | Aster MEUSDT | 0.07429 | 0.0196 | get 0.0098% / 4h | 3h 44m | $17K | $11K | 5x |
Funding 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
- $20.23
- Price spread: +0.127% → 0.000%
- $12.72
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $14.95
- Costs to cover
- 0.180%
- Break-even
- 1.8 days
Slippage unknown: Binance: live order book, 7 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, 7 min ago | 0.67 bp | 21.1 bp −$21 | 256.8 bp −$2,568 | 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.
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ME | +0.0100% | 1h | 0.07419 | −0.013% | $233K | $96K | 3x | as long as short |
| Binance MEUSDTlong | +0.0100% | 4h | 0.07420 | long leg | $2.2M | $3.9M | 50x | |
| Bybit MEUSDT | +0.0100% | 4h | 0.07422 | +0.027% | $1.5M | $666K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07416 | −0.054% | $481K | $1.0M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07430 | +0.135% | $190K | $73K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07426 | +0.081% | $506K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07436 | +0.216% | $207K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07428 | +0.108% | $640K | $411K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07428 | +0.108% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07439 | +0.254% | $12K | $2K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0113% | 4h | 0.07439 | +0.256% | $109K | $7K | 50x | as long as short |
| Aster MEUSDTshort | +0.0196% | 4h | 0.07429 | +0.127% | $17K | $11K | 5x | |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07416 | −0.049% | $26K | — | 15x | as long as short |
Binance MEUSDT
Aster MEUSDT
Hyperliquid ME
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDT
Variational Omni ME
BloFin ME-USDT