Funding you earn now, next payment 00:00 UTC−0.0130%/8h= −14.2% APRnext payment −$0.65 per $10,000 · paid last 24h −0.115%
Price spread now: Aster against KuCoin+0.109%7-day average +0.133% · 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−$245as in the Price arb table
costs, in and out, $10k−$2432.430% of the position
Funding, last 5 days (all we have)−0.259%−$26 on $10k
+Price spread, last 4 days (all we have)+0.228%+$23 · spread now +0.109%, 7d avg +0.133%
=Together, before fees−0.030%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.024% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.133%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SUSDTM | 0.03928 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $1.8M | $3.1M | 50x |
| Short | Aster SUSDT | 0.03932 | −0.0030 | pay 0.0015% / 4h | 2h 45m | $43K | $212K | 10x |
KuCoin SUSDTM
Aster SUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$27.28
- Price spread: +0.109% → +0.133%
- −$2.38
- Slippage, 4 orders
- −$223.03
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$272.69
- Costs to cover
- 2.430%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Aster: live order book, 40 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 KuCoin live order book, 1 min ago | 2.55 bp | 96.6 bp −$97 | 282.3 bp −$2,823 | doesn't fit | doesn't fit |
| Sell Aster live order book, 40 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 | −0.1452% | 1h | 0.03929 | +0.027% | $33K | $33K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1264% | 1h | 0.03826 | −2.597% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.1204% | 4h | 0.03923 | −0.127% | $610K | $38K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0173% / S +0.0169% | 1h | 0.03931 | +0.087% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03926 | −0.042% | $4 | — | 15x | as long as short |
| 01 Exchange SUSD | −0.0048% | 1h | 0.03930 | +0.051% | $24K | $3K | 5x | as long as short |
| Aster SUSDTshort | −0.0030% | 4h | 0.03932 | +0.109% | $43K | $212K | 10x | |
| Orderly PERP_S_USDC | −0.0019% | 4h | 0.03928 | 0.000% | $101K | $340K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03931 | +0.083% | $606 | — | 150x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0004% | 1h | 0.03933 | +0.127% | $66K | $10K | 10x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
01 Exchange SUSD
Orderly PERP_S_USDC
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 | +4.379% | $2K | $37K | 12x | as long as short |
| OKX S-USDT-SWAP | +0.0083% | 4h | 0.03926 | −0.051% | $977K | $7.7M | 20x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03931 | +0.076% | $165K | $240K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03926 | −0.043% | $990K | $928K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03928 | 0.000% | $5.4M | $24.4M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03921 | −0.178% | $5.6M | $6.5M | 50x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03923 | −0.127% | $321K | $291K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03927 | −0.025% | $3.5M | $2.5M | 200x | as long as short |
| KuCoin SUSDTMlong | +0.0100% | 4h | 0.03928 | long leg | $1.8M | $3.1M | 50x | |
| Bitget SUSDT | +0.0100% | 4h | 0.03930 | +0.051% | $1.2M | $3.0M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03931 | +0.076% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03930 | +0.051% | $23K | $474K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03927 | −0.034% | $221K | $883K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03928 | 0.000% | $273K | $179K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0346% | 1h | 0.03940 | +0.305% | $115K | $285K | 5x | as long as short |
Injective S/USDC PERP
OKX S-USDT-SWAP
Lighter S
Hyperliquid S
Binance SUSDT
Bybit SUSDT
Gate S_USDT
MEXC S_USDT
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP