Funding you earn now, next payment 04:00 UTC−0.0629%/8h= −68.9% APRnext payment −$3.14 per $10,000 · paid last 24h −0.087%
Price spread now: KuCoin against Aster−0.047%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−0.262%−$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and KuCoin is 0.047% cheaper against Aster than usual: you would sell low and buy high (−$5 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 -0.262% in total (about -13.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.14 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 | 0.02569 | 0.0729 | pay 0.0364% / 4h | 27m 20s | $59K | $47K | 5x |
| Short | KuCoin QUSDTM | 0.02568 | 0.0100 | get 0.0050% / 4h | 27m 20s | $681K | $19K | 20x |
Aster QUSDT
KuCoin QUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$132.06
- Price spread: −0.047% → 0.000%
- −$4.71
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$156.77
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 57 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 KuCoin live order book, 57 min ago | 17.12 bp | 462.5 bp −$462 | doesn't fit | 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 | 0.02572 | +0.116% | $1.2M | $289K | 10x | as long as short |
| KuCoin QUSDTMshort | +0.0100% | 4h | 0.02568 | −0.047% | $681K | $19K | 20x | |
| Bitget QUSDT | +0.0100% | 4h | 0.02570 | +0.035% | $2.3M | $134K | 20x | as long as short |
| BloFin Q-USDT | +0.0533% | 4h | 0.02578 | +0.362% | $386K | $72K | 40x | as long as short |
| Extended Q-USD | +0.0584% | 1h | 0.02577 | +0.323% | $8K | $160K | 5x | as long as short |
| Binance QUSDT | +0.0585% | 4h | 0.02579 | +0.409% | $7.1M | $1.3M | 20x | as long as short |
| MEXC Q_USDT | +0.0586% | 4h | 0.02577 | +0.327% | $123K | $88K | 50x | as long as short |
| Aster QUSDTlong | +0.0729% | 4h | 0.02569 | long leg | $59K | $47K | 5x | |
| BingX Q-USDT | +0.0908% | 4h | 0.02580 | +0.447% | — | $1.3M | — | as long as short |
| Variational Omni Q | +0.0908% | 4h | 0.02575 | +0.223% | $620 | $2K | — | as long as short |
Gate Q_USDT
Bitget QUSDT
BloFin Q-USDT
Extended Q-USD
Binance QUSDT
MEXC Q_USDT
BingX Q-USDT
Variational Omni QShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit QUSDT | +0.0998% | 4h | 0.02575 | +0.241% | $1.6M | $385K | 13x | as long as short |
Bybit QUSDT