Funding you earn now, next payment 00:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.47 per $10,000 · paid last 24h −0.127%
Price spread now: Aster against Gate+0.224%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2202.205% of the position
Funding, last 5 days (all we have)−0.300%−$30 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now +0.224%, 7d avg +0.114%
=Together, before fees−0.187%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.111% dearer against Gate than usual: you sell high and buy low (spread +0.224% now, against its 7-day average of +0.114%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 5 days (−0.300% in total) that is about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate S_USDT | 0.03929 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $321K | $292K | 50x |
| Short | Aster SUSDT | 0.03938 | 0.0006 | get 0.0003% / 4h | 2h 19m | $43K | $212K | 10x |
Gate S_USDT
Aster SUSDTFunding 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
- −$19.83
- Price spread: +0.224% → +0.114%
- $11.08
- Slippage, 4 orders
- −$197.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$229.24
- Costs to cover
- 2.205%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Aster: live order book, 2 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 Gate live order book, 1 min ago | 7.65 bp | 76.9 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 10.19 bp | 34.7 bp −$35 | 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 | −0.1451% | 1h | 0.03932 | +0.074% | $33K | $30K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1264% | 1h | 0.03826 | −2.622% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0936% | 4h | 0.03921 | −0.209% | $610K | $34K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0190% / S +0.0184% | 1h | 0.03934 | +0.120% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03928 | −0.016% | $4 | — | 15x | as long as short |
| Orderly PERP_S_USDC | −0.0015% | 4h | 0.03931 | +0.051% | $101K | $338K | 10x | as long as short |
| 01 Exchange SUSD | 0.0000% | 1h | 0.03930 | +0.025% | $24K | $3K | 5x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03933 | +0.091% | $606 | — | 150x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0004% | 1h | 0.03936 | +0.178% | $66K | $10K | 10x | as long as short |
| Aster SUSDTshort | +0.0006% | 4h | 0.03938 | +0.224% | $43K | $212K | 10x |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
Orderly PERP_S_USDC
01 Exchange SUSD
gTrade (Gains Network) S/USD
Deribit S_USDC-PERPETUALShow 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 | +4.352% | $2K | $37K | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03933 | +0.102% | $165K | $240K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03932 | +0.076% | $993K | $899K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03933 | +0.110% | $5.4M | $23.5M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03927 | −0.051% | $5.6M | $6.3M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03933 | +0.102% | $979K | $7.3M | 20x | as long as short |
| Gate S_USDTlong | +0.0100% | 4h | 0.03929 | long leg | $321K | $292K | 50x | |
| MEXC S_USDT | +0.0100% | 4h | 0.03935 | +0.153% | $3.5M | $2.6M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03930 | +0.025% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03935 | +0.153% | $1.2M | $3.0M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03931 | +0.051% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03930 | +0.025% | $25K | $471K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03929 | −0.004% | $221K | $883K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.0299% | 1h | 0.03930 | +0.025% | $114K | $291K | 5x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03927 | −0.051% | $267K | $159K | 75x | as long as short |
Injective S/USDC PERP
Lighter S
Hyperliquid S
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
Backpack S_USDC_PERP
BloFin S-USDT