Funding you earn now, next payment 00:00 UTC−0.0575%/8h= −63.0% APRnext payment −$2.88 per $10,000 · paid last 24h −0.046%
Price spread now: Bitget against Aster−0.032%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bitget is 0.032% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.221% in total (about -11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.88 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 QUSDT | 0.02500 | 0.0675 | pay 0.0338% / 4h | 1h 57m | $59K | $61K | 5x |
| Short | Bitget QUSDT | 0.02499 | 0.0100 | get 0.0050% / 4h | 1h 57m | $2.2M | $141K | 20x |
Aster QUSDT
Bitget QUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aster. 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
- −$120.78
- Price spread: −0.032% → 0.000%
- −$3.21
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$143.99
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 8.60 bp | 38.8 bp −$39 | 340.0 bp −$3,400 | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02496 | −0.156% | $1.2M | $297K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02492 | −0.308% | $660K | $21K | 20x | as long as short |
| Bitget QUSDTshort | +0.0100% | 4h | 0.02499 | −0.032% | $2.2M | $141K | 20x | |
| Variational Omni Q | +0.0100% | 4h | 0.02496 | −0.160% | $603 | $41 | — | as long as short |
| Bybit QUSDT | +0.0360% | 4h | 0.02493 | −0.268% | $1.5M | $391K | 13x | as long as short |
| Aster QUSDTlong | +0.0675% | 4h | 0.02500 | long leg | $59K | $61K | 5x | |
| BingX Q-USDT | +0.0760% | 4h | 0.02499 | −0.048% | — | $1.3M | — | as long as short |
| BloFin Q-USDT | +0.0775% | 4h | 0.02499 | −0.016% | $372K | $76K | 40x | as long as short |
| MEXC Q_USDT | +0.0808% | 4h | 0.02500 | +0.004% | $122K | $86K | 50x | as long as short |
| Extended Q-USD | +0.0816% | 1h | 0.02499 | −0.027% | $8K | $168K | 5x | as long as short |
Gate Q_USDT
KuCoin QUSDTM
Variational Omni Q
Bybit QUSDT
BingX Q-USDT
BloFin Q-USDT
MEXC Q_USDT
Extended Q-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance QUSDT | +0.0817% | 4h | 0.02500 | −0.003% | $6.9M | $1.5M | 20x | as long as short |
Binance QUSDT