PTB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0322%/8h= −35.3% APRnext payment −$1.61 per $10,000 · paid last 24h −0.018%

Price spread now: Binance against Aster+0.324%7-day average +0.122% · 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−$115as in the Price arb table

costs, in and out, $10k−$1351.355% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.179%−$18 on $10k

Price spread, last 7 days−0.571%−$57 · spread now +0.324%, 7d avg +0.122%

Together, before fees−0.750%+ Points / potential airdropAster: Stage 5 · farm board−$75 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.202% dearer against Aster than usual: you sell high and buy low (spread +0.324% now, against its 7-day average of +0.122%): +$20 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 6 days (−0.179% in total) that is about 6.3 days.

The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.179% in total (about -11.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.61 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 PTBUSDT	0.001041	0.1102	pay 0.0551% / 4h	2h 31m	$79K	$757K	5x
Short	Binance PTBUSDT	0.001044	0.0780	get 0.0390% / 4h	2h 31m	$7.3M	$101.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.324%Rate

Funding earned: −$67.65
Price spread: +0.324% → +0.122%: $20.17
Slippage, 4 orders: −$117.46
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$182.94
Costs to cover: 1.355%
Break-even: never at this rate

Slippage from Aster: live order book, 61 min ago; Binance: 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, 61 min ago	8.14 bp	25.3 bp −$25	266.4 bp −$2,664	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.48 bp	45.3 bp −$45	181.7 bp −$1,817	doesn't fit	doesn't fit

PTB 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
Bybit PTBUSDT	+0.0100%	4h	0.001044	+0.287%	$1.5M	$16.9M	25x	as long as short
Variational Omni PTB	+0.0100%	4h	0.001051	+0.963%	$31K	$62K	—	as long as short
BingX PTB-USDT	+0.0728%	4h	0.001045	+0.364%	—	$2.0M	—	as long as short
BloFin PTB-USDT	+0.0767%	4h	0.001040	−0.030%	$427K	$432K	20x	as long as short
Binance PTBUSDTshort	+0.0780%	4h	0.001044	+0.324%	$7.3M	$101.5M	20x
Extended kPTB-USD	+0.0784%	1h	0.001042	+0.136%	$4K	$42K	5x	as long as short
MEXC PTB_USDT	+0.0792%	4h	0.001043	+0.201%	$333K	$622K	20x	as long as short
KuCoin PTBUSDTM	+0.1046%	4h	0.001040	−0.030%	$1.6M	$6.4M	20x	as long as short
Aster PTBUSDTlong	+0.1102%	4h	0.001041	long leg	$79K	$757K	5x
Gate PTB_USDT	+0.2236%	4h	0.001039	−0.193%	$1.8M	$3.7M	25x	as long as short