PTB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0386%/8h= +42.2% APRnext payment +$1.93 per $10,000 · paid last 24h +0.008%

Price spread now: Aster against MEXC+0.126%7-day average −0.116% · 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−$116as in the Price arb table

costs, in and out, $10k−$1401.400% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.154%+$15 on $10k

Price spread, last 7 days−0.127%−$13 · spread now +0.126%, 7d avg −0.116%

Together, before fees+0.027%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Aster is 0.242% dearer against MEXC than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.116%.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.154% in total (about 10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.93 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	MEXC PTB_USDT	0.001115	0.0194	pay 0.0097% / 4h	29m 28s	$364K	$947K	20x
Short	Aster PTBUSDT	0.001116	0.0580	get 0.0290% / 4h	29m 28s	$86K	$912K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.126%Rate

Funding earned: $80.98
Price spread: +0.126% → −0.116%: $24.15
Slippage, 4 orders: −$123.95
Fee MEXC: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$34.82
Costs to cover: 1.400%
Break-even: 10.0 days

Slippage from MEXC: live order book, 25 min ago; Aster: live order book, 8 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 MEXC live order book, 25 min ago	3.56 bp	32.2 bp −$32	64.0 bp −$640	215.5 bp −$21.5K	doesn't fit
Sell Aster live order book, 8 min ago	7.61 bp	35.1 bp −$35	319.1 bp −$3,191	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	0.001115	+0.054%	$1.7M	$22.7M	25x	as long as short
KuCoin PTBUSDTM	+0.0100%	4h	0.001114	−0.036%	$1.7M	$7.4M	20x	as long as short
Variational Omni PTB	+0.0100%	4h	0.001123	+0.740%	$33K	$74K	—	as long as short
BingX PTB-USDT	+0.0174%	4h	0.001115	+0.072%	—	$2.3M	—	as long as short
Extended kPTB-USD	+0.0192%	1h	0.001116	+0.127%	$4K	$42K	5x	as long as short
MEXC PTB_USDTlong	+0.0194%	4h	0.001115	long leg	$364K	$947K	20x
Binance PTBUSDT	+0.0195%	4h	0.001115	−0.018%	$8.0M	$141.9M	20x	as long as short
BloFin PTB-USDT	+0.0221%	4h	0.001124	+0.816%	$470K	$690K	20x	as long as short
Aster PTBUSDTshort	+0.0580%	4h	0.001116	+0.126%	$86K	$912K	5x
Gate PTB_USDT	+0.0854%	4h	0.001112	−0.242%	$1.9M	$5.6M	25x	as long as short