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
Funding, last 7 days+0.262%+$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate Q_USDT | 0.02579 | 0.0100 | pay 0.0050% / 4h | 5m 16s | $1.2M | $293K | 10x |
| Short | Aster QUSDT | 0.02573 | 0.0629 | get 0.0314% / 4h | 5m 16s | $59K | $47K | 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 2 min ago | 13.20 bp | doesn't fit | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDTlong | +0.0100% | 4h | 0.02579 | long leg | $1.2M | $293K | 10x | |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02576 | −0.116% | $684K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02581 | +0.074% | $2.3M | $137K | 20x | as long as short |
| MEXC Q_USDT | +0.0540% | 4h | 0.02582 | +0.097% | $123K | $89K | 50x | as long as short |
| Binance QUSDT | +0.0541% | 4h | 0.02582 | +0.093% | $7.1M | $1.3M | 20x | as long as short |
| Extended Q-USD | +0.0544% | 1h | 0.02582 | +0.085% | $8K | $160K | 5x | as long as short |
| BloFin Q-USDT | +0.0565% | 4h | 0.02582 | +0.101% | $387K | $72K | 40x | as long as short |
| Aster QUSDTshort | +0.0629% | 4h | 0.02573 | −0.250% | $59K | $47K | 5x | |
| BingX Q-USDT | +0.0852% | 4h | 0.02584 | +0.190% | — | $1.3M | — | as long as short |
| Bybit QUSDT | +0.0904% | 4h | 0.02581 | +0.062% | $1.6M | $387K | 13x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni Q | +0.0952% | 4h | 0.02582 | +0.083% | $621 | $2K | — | as long as short |
Gate Q_USDT
Aster QUSDT
KuCoin QUSDTM
Bitget QUSDT
MEXC Q_USDT
Binance QUSDT
Extended Q-USD
BloFin Q-USDT
BingX Q-USDT
Bybit QUSDT
Variational Omni Q