Settings8H · net · $10k
Funding arb · Price arb /

Q

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0529%/8h= +57.9% APRnext payment +$2.64 per $10,000 · paid last 24h +0.087%
Price spread now: Aster against Gate−0.250%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.262%+$26 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.250% cheaper against Gate than usual: you would sell low and buy high (spread −0.250% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 38 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.262% in total) that is about 6.7 days.
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 +$2.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate Q_USDT0.025790.0100pay 0.0050% / 4h5m 16s$1.2M$293K10x
ShortAster QUSDT0.025730.0629get 0.0314% / 4h5m 16s$59K$47K5x

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

Funding earned
$111.01
Price spread: −0.250% → 0.000%
−$24.96
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
$63.04
Costs to cover
0.230%
Break-even
3.0 days
Slippage unknown: Gate: live order book, 2 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago13.20 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate Q_USDTlong+0.0100%4h0.02579long leg$1.2M$293K10x
KuCoin QUSDTM+0.0100%4h0.02576−0.116%$684K$19K20xas long as short
Bitget QUSDT+0.0100%4h0.02581+0.074%$2.3M$137K20xas long as short
MEXC Q_USDT+0.0540%4h0.02582+0.097%$123K$89K50xas long as short
Binance QUSDT+0.0541%4h0.02582+0.093%$7.1M$1.3M20xas long as short
Extended Q-USD+0.0544%1h0.02582+0.085%$8K$160K5xas long as short
BloFin Q-USDT+0.0565%4h0.02582+0.101%$387K$72K40xas long as short
Aster QUSDTshort+0.0629%4h0.02573−0.250%$59K$47K5x
BingX Q-USDT+0.0852%4h0.02584+0.190%$1.3Mas long as short
Bybit QUSDT+0.0904%4h0.02581+0.062%$1.6M$387K13xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni Q+0.0952%4h0.02582+0.083%$621$2Kas long as short