Funding you earn now, next payment 00:00 UTC−0.0198%/8h= −21.7% APRnext payment −$0.99 per $10,000 · paid last 24h −0.041%
Price spread now: Aster against KuCoin−0.082%7-day average −0.050% · 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−$123as in the Price arb table
costs, in and out, $10k−$1201.200% of the position
Funding, last 5 days (all we have)−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.082%, 7d avg −0.050%
=Together, before fees+0.160%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.098% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.99 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 | KuCoin PROMUSDTM | 4.9841 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $1.1M | $76K | 30x |
| Short | Aster PROMUSDT | 4.9800 | −0.0098 | pay 0.0049% / 4h | 1h 38m | $133K | $21K | 5x |
Funding 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
- −$41.59
- Price spread: −0.082% → −0.050%
- −$3.26
- Slippage, 4 orders
- −$99.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$164.83
- Costs to cover
- 1.200%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Aster: live order book, 43 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, 2 min ago | 6.12 bp | 34.0 bp −$34 | 121.8 bp −$1,218 | doesn't fit | doesn't fit |
| Sell Aster live order book, 43 min ago | 8.01 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
PROM on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PROMUSDTshort | −0.0098% | 4h | 4.9800 | −0.082% | $133K | $21K | 5x | |
| Binance PROMUSDT | +0.0100% | 4h | 4.9738 | −0.206% | $16.2M | $8.1M | 50x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 4.9790 | −0.102% | $767K | $904K | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 4.9760 | −0.163% | $422K | $154K | 20x | as long as short |
| KuCoin PROMUSDTMlong | +0.0100% | 4h | 4.9841 | long leg | $1.1M | $76K | 30x | |
| Bitget PROMUSDT | +0.0100% | 4h | 4.9845 | +0.008% | $4.3M | $420K | 10x | as long as short |
| BingX PROM-USDT | +0.0100% | 4h | 4.9780 | −0.122% | — | $1.4M | — | as long as short |
| BloFin PROM-USDT | +0.0102% | 4h | 4.9790 | −0.102% | $812K | $299K | 50x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.9741 | −0.201% | $918 | — | 5x | as long as short |
KuCoin PROMUSDTM
Aster PROMUSDT
Binance PROMUSDT
Gate PROM_USDT
MEXC PROM_USDT
Bitget PROMUSDT
BingX PROM-USDT
BloFin PROM-USDT
Extended PROM-USD