Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.070%
Price spread now: OKX against Aster−0.064%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1301.303% of the position
Funding, last 5 days (all we have)+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.064%, 7d avg −0.117%
=Together, before fees+0.143%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.053% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.117%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SUSDT | 0.03927 | 0.0043 | pay 0.0021% / 4h | 1h 54m | $43K | $212K | 10x |
| Short | OKX S-USDT-SWAP | 0.03924 | 0.0100 | get 0.0050% / 4h | 1h 54m | $979K | $7.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $12
- Price spread: −0.064% → −0.117%
- $5.34
- Slippage, 4 orders
- −$112.31
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$112.97
- Costs to cover
- 1.303%
- Break-even
- 72.9 days
Slippage from Aster: live order book, 27 min ago; OKX: live order book, 3 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 Aster live order book, 27 min ago | 10.19 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.28 bp | 30.7 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | −0.1593% | 1h | 0.03923 | −0.095% | $33K | $30K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1576% | 1h | 0.03826 | −2.560% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0793% | 4h | 0.03918 | −0.212% | $609K | $34K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0193% / S +0.0186% | 1h | 0.03930 | +0.092% | $1K | — | 100x | as long as short |
| 01 Exchange SUSD | −0.0160% | 1h | 0.03920 | −0.166% | $24K | $3K | 5x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03923 | −0.077% | $4 | — | 15x | as long as short |
| Deribit S_USDC-PERPETUAL | −0.0004% | 1h | 0.03931 | +0.115% | $66K | $10K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03930 | +0.086% | $606 | — | 150x | as long as short |
| Hyperliquid S | +0.0009% | 1h | 0.03925 | −0.041% | $985K | $878K | 5x | as long as short |
| Orderly PERP_S_USDC | +0.0020% | 4h | 0.03926 | −0.013% | $100K | $350K | 10x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.419% | $2K | $37K | 12x | as long as short |
| Aster SUSDTlong | +0.0043% | 4h | 0.03927 | long leg | $43K | $212K | 10x | |
| Lighter S | +0.0096% | 1h | 0.03929 | +0.064% | $165K | $222K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03925 | −0.038% | $5.4M | $22.2M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03919 | −0.191% | $5.6M | $6.2M | 50x | as long as short |
| OKX S-USDT-SWAPshort | +0.0100% | 4h | 0.03924 | −0.064% | $979K | $7.0M | 20x | |
| Gate S_USDT | +0.0100% | 4h | 0.03917 | −0.242% | $320K | $265K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03927 | +0.013% | $3.5M | $2.3M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03922 | −0.115% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03924 | −0.064% | $1.2M | $2.8M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03924 | −0.064% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03920 | −0.166% | $23K | $469K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03923 | −0.087% | $221K | $883K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03918 | −0.217% | $268K | $132K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0363% | 1h | 0.03930 | +0.089% | $114K | $298K | 5x | as long as short |
Aster SUSDT
OKX S-USDT-SWAP
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
01 Exchange SUSD
Deribit S_USDC-PERPETUAL
gTrade (Gains Network) S/USD
Hyperliquid S
Injective S/USDC PERP
Lighter S
Binance SUSDT
Bybit SUSDT
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP