PTB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0436%/8h= −47.7% APRnext payment −$2.18 per $10,000 · paid last 24h −0.259%

Price spread now: Aster against Gate−0.233%7-day average −0.129% · 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−$202as in the Price arb table

costs, in and out, $10k−$1921.919% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.703%−$70 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.233%, 7d avg −0.129%

Together, before fees−0.639%+ Points / potential airdropAster: Stage 5 · farm board−$64 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aster is 0.104% cheaper against Gate than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.129%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PTB_USDT	0.001279	0.1422	pay 0.0711% / 4h	1h 02m	$2.1M	$7.6M	25x
Short	Aster PTBUSDT	0.001276	0.0986	get 0.0493% / 4h	1h 02m	$77K	$1.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now −0.233%Rate

Funding earned: −$91.54
Price spread: −0.233% → −0.129%: −$10.43
Slippage, 4 orders: −$168.86
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$293.83
Costs to cover: 1.919%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Aster: live order book, just now.

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 Gate live order book, 1 min ago	6.25 bp	66.3 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, just now	8.22 bp	29.0 bp −$29	323.7 bp −$3,237	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	0.001280	+0.078%	$2.1M	$27.4M	25x	as long as short
Variational Omni PTB	+0.0100%	4h	0.001265	−1.038%	$27K	$55K	—	as long as short
BingX PTB-USDT	+0.0962%	4h	0.001278	−0.070%	—	$2.5M	—	as long as short
Aster PTBUSDTshort	+0.0986%	4h	0.001276	−0.233%	$77K	$1.0M	5x
MEXC PTB_USDT	+0.1020%	4h	0.001278	−0.055%	$482K	$1.2M	20x	as long as short
Extended kPTB-USD	+0.1024%	1h	0.001278	−0.020%	$4K	$45K	5x	as long as short
Binance PTBUSDT	+0.1041%	4h	0.001277	−0.164%	$9.5M	$184.1M	20x	as long as short
BloFin PTB-USDT	+0.1065%	4h	0.001283	+0.313%	$543K	$1.1M	20x	as long as short
KuCoin PTBUSDTM	+0.1068%	4h	0.001276	−0.180%	$2.0M	$8.6M	20x	as long as short
Gate PTB_USDTlong	+0.1422%	4h	0.001279	long leg	$2.1M	$7.6M	25x