ONE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1798%/8h= +196.8% APRnext payment +$2.25 per $10,000 · paid last 24h −0.169%

Price spread now: BingX against Aster+0.571%7-day average +0.146% · 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−$280as in the Price arb table

costs, in and out, $10k−$3233.229% of the position

Long on Aster Short on BingX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.144%−$14 on $10k

Price spread, last 4 days (all we have)+0.871%+$87 · spread now +0.571%, 7d avg +0.146%

Together, before fees+0.727%+ Points / potential airdropAster: Stage 5 · farm board+$73 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$54 a day on $10k at the current rate, and BingX is 0.425% dearer against Aster than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of +0.146%. Mind the row above: over the last 5 days funding on this pair cost −0.144%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.144% in total (about -11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.25 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	Aster ONEUSDT	0.004030	−0.1894	get 0.0237% / 1h	9m 00s	$2.1M	$5.8M	5x
Short	BingX ONE-USDT	0.004052	−0.0096	pay 0.0012% / 1h	9m 00s	—	$5.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BingXbpOrdersPrice spread, now +0.571%Rate

Funding earned: $377.51
Price spread: +0.571% → +0.146%: $42.47
Slippage, 4 orders: −$304.85
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $97.13
Costs to cover: 3.229%
Break-even: 5.2 days

Slippage from Aster: live order book, 5 min ago; BingX: 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 Aster live order book, 5 min ago	10.60 bp	92.2 bp −$92	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	4.37 bp	13.8 bp −$14	44.0 bp −$440	451.4 bp −$45.1K	1269.9 bp −$634.9K

ONE on 10 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
OKX ONE-USDT-SWAP	−5.3124%	1h	0.005236	+29.939%	$6.3M	$236.5M	10x	as long as short
Variational Omni ONE	−0.8094%	1h	0.004000	−0.723%	$99K	$51K	—	as long as short
KuCoin ONEUSDTM	−0.3136%	1h	0.004189	+3.958%	$3.9M	$12.3M	30x	as long as short
BloFin ONE-USDT	−0.2143%	1h	0.004038	+0.203%	$796K	$2.3M	50x	as long as short
Aster ONEUSDTlong	−0.1894%	1h	0.004030	long leg	$2.1M	$5.8M	5x
Bitget ONEUSDT	−0.1880%	1h	0.004062	+0.804%	$1.9M	$31.4M	20x	as long as short
Binance ONEUSDT	−0.1183%	1h	0.004029	−0.017%	$13.8M	$332.6M	50x	as long as short
MEXC ONE_USDT	−0.1152%	1h	0.004037	+0.189%	$11.1M	$15.2M	20x	as long as short
Gate ONE_USDT	−0.0569%	8h	0.004023	−0.161%	$1.8M	$15.4M	20x	as long as short
BingX ONE-USDTshort	−0.0096%	1h	0.004052	+0.571%	—	$5.6M	—