Funding you earn now, next payment 00:00 UTC−0.0356%/8h= −39.0% APRnext payment −$1.78 per $10,000 · paid last 24h −0.188%
Price spread now: Aster against BloFin−0.183%72s7-day average +0.118% · 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—prices read too far apart to compare
costs, in and out, $10k−$1011.011% of the position
Funding, last 5 days (all we have)−0.532%−$53 on $10k
+Price spread, last 3 days (all we have)+1.290%+$129 · spread now −0.183%, 7d avg +0.118%
=Together, before fees+0.759%+ Points / potential airdropAster: Stage 5 · farm board+$76 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aster is 0.302% cheaper against BloFin than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.118%). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin S-USDT | 0.03974 | 0.0340 | pay 0.0170% / 4h | 2h 58m | $275K | $204K | 75x |
| Short | Aster SUSDT | 0.03967 | −0.0016 | pay 0.0008% / 4h | 2h 58m | $43K | $212K | 10x |
BloFin S-USDT
Aster SUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BloFin. 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
- −$74.74
- Price spread: −0.183% → +0.118%
- −$30.16
- Slippage, 4 orders
- −$81.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$205.96
- Costs to cover
- 1.011%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 25 min ago; Aster: live order book, 28 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 BloFin live order book, 25 min ago | 5.05 bp | 19.3 bp −$19 | 47.3 bp −$473 | doesn't fit | doesn't fit |
| Sell Aster live order book, 28 min ago | 8.83 bp | 31.0 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 | −0.1443% | 1h | 0.03955 | −0.478% | $33K | $33K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1264% | 1h | 0.03826 | −3.724% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.1185% | 4h | 0.03967 | −0.187% | $618K | $48K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0173% / S +0.0169% | 1h | 0.03970 | −0.098% | $1K | — | 100x | as long as short |
| Hyperliquid S | −0.0140% | 1h | 0.03958 | −0.393% | $1.0M | $971K | 5x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03965 | −0.238% | $4 | — | 15x | as long as short |
| 01 Exchange SUSD | −0.0088% | 1h | 0.03970 | −0.101% | $24K | $3K | 5x | as long as short |
| Orderly PERP_S_USDC | −0.0021% | 4h | 0.03962 | −0.302% | $102K | $339K | 10x | as long as short |
| Aster SUSDTshort | −0.0016% | 4h | 0.03967 | −0.183% | $43K | $212K | 10x | |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03970 | −0.099% | $612 | — | 150x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Hyperliquid S
Reya SRUSDPERP
01 Exchange SUSD
Orderly PERP_S_USDC
gTrade (Gains Network) S/USDShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit S_USDC-PERPETUAL | +0.0002% | 1h | 0.03966 | −0.201% | $67K | $10K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +3.171% | $2K | $37K | 12x | as long as short |
| OKX S-USDT-SWAP | +0.0054% | 4h | 0.03957 | −0.428% | $983K | $8.3M | 20x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03966 | −0.201% | $166K | $240K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03958 | −0.403% | $5.4M | $25.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03953 | −0.528% | $5.6M | $6.8M | 50x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03955 | −0.478% | $323K | $290K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03964 | −0.252% | $3.7M | $2.5M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03957 | −0.428% | $1.9M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03960 | −0.352% | $1.2M | $3.2M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03957 | −0.428% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03980 | +0.151% | $26K | $476K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03958 | −0.395% | $223K | $890K | 10x | as long as short |
| BloFin S-USDTlong | +0.0340% | 4h | 0.03974 | long leg | $275K | $204K | 75x | |
| Backpack S_USDC_PERP | +0.0830% | 1h | 0.03970 | −0.101% | $115K | $288K | 5x | as long as short |
Deribit S_USDC-PERPETUAL
Injective S/USDC PERP
OKX S-USDT-SWAP
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
Backpack S_USDC_PERP