Funding you earn now, next payment 04:00 UTC+0.0295%/8h= +32.3% APRnext payment +$1.47 per $10,000 · paid last 24h +0.009%
Price spread now: Aster against Binance−0.196%7-day average −0.125% · 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−$162as in the Price arb table
costs, in and out, $10k−$1551.552% of the position
Funding, last 5 days (all we have)+0.159%+$16 on $10k
+Price spread, last 7 days+0.155%+$16 · spread now −0.196%, 7d avg −0.125%
=Together, before fees+0.314%+ Points / potential airdropAster: Stage 5 · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.071% cheaper against Binance than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of −0.125%). If the spread goes back, that is −$7 on $10k: about 19 hours of funding at the current rate (+$9 a day). At the pace of the last 5 days (+0.159% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.159% in total (about 10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.47 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 | Binance PTBUSDT | 0.001122 | 0.0173 | pay 0.0087% / 4h | 54m 27s | $8.1M | $150.7M | 20x |
| Short | Aster PTBUSDT | 0.001119 | 0.0468 | get 0.0234% / 4h | 54m 27s | $88K | $915K | 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
- $61.87
- Price spread: −0.196% → −0.125%
- −$7.15
- Slippage, 4 orders
- −$137.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$100.52
- Costs to cover
- 1.552%
- Break-even
- 18.4 days
Slippage from Binance: live order book, 4 min ago; Aster: live order book, 49 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 Binance live order book, 4 min ago | 1.78 bp | 43.9 bp −$44 | 204.2 bp −$2,042 | doesn't fit | doesn't fit |
| Sell Aster live order book, 49 min ago | 10.06 bp | 43.5 bp −$43 | 338.2 bp −$3,382 | 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 | 0.001122 | +0.009% | $1.7M | $23.8M | 25x | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.001127 | +0.501% | $33K | $89K | — | as long as short |
| BloFin PTB-USDT | +0.0136% | 4h | 0.001123 | +0.160% | $476K | $743K | 20x | as long as short |
| Binance PTBUSDTlong | +0.0173% | 4h | 0.001122 | long leg | $8.1M | $150.7M | 20x | |
| MEXC PTB_USDT | +0.0174% | 4h | 0.001121 | −0.071% | $365K | $944K | 20x | as long as short |
| Extended kPTB-USD | +0.0176% | 1h | 0.001119 | −0.244% | $4K | $42K | 5x | as long as short |
| BingX PTB-USDT | +0.0180% | 4h | 0.001122 | +0.009% | — | $2.3M | — | as long as short |
| KuCoin PTBUSDTM | +0.0294% | 4h | 0.001124 | +0.241% | $1.7M | $7.7M | 20x | as long as short |
| Aster PTBUSDTshort | +0.0468% | 4h | 0.001119 | −0.196% | $88K | $915K | 5x | |
| Gate PTB_USDT | +0.0714% | 4h | 0.001116 | −0.473% | $1.9M | $5.6M | 25x | as long as short |
Binance PTBUSDT
Aster PTBUSDT
Bybit PTBUSDT
Variational Omni PTB
BloFin PTB-USDT
MEXC PTB_USDT
Extended kPTB-USD
BingX PTB-USDT
KuCoin PTBUSDTM
Gate PTB_USDT