Funding you earn now, next payment 08:00 UTC+0.0549%/8h= +60.1% APRnext payment +$2.74 per $10,000 · paid last 24h +0.059%
Price spread now: Aster against BingX+0.290%7-day average −0.102% · 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−$933as in the Price arb table
costs, in and out, $10k−$9729.723% of the position
Funding, last 6 days (all we have)−0.135%−$13 on $10k
+Price spread, last 4 days (all we have)−0.734%−$73 · spread now +0.290%, 7d avg −0.102%
=Together, before fees−0.869%+ Points / potential airdropAster: Stage 5 · farm board−$87 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Aster is 0.392% dearer against BingX than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of −0.102%. Mind the row above: over the last 6 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.135% in total (about -8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.74 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 | BingX SWARMS-USDT | 0.008275 | 0.0856 | pay 0.0428% / 4h | 3h 13m | — | $6.5M | — |
| Short | Aster SWARMSUSDT | 0.008299 | 0.1405 | get 0.0702% / 4h | 3h 13m | $31K | $102K | 5x |
BingX SWARMS-USDT
Aster SWARMSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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
- $115.27
- Price spread: +0.290% → −0.102%
- $39.21
- Slippage, 4 orders
- −$954.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$817.81
- Costs to cover
- 9.723%
- Break-even
- 56.7 days
Slippage from BingX: live order book, 7 min ago; Aster: live order book, 38 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 BingX live order book, 7 min ago | 4.22 bp | 50.3 bp −$50 | 293.2 bp −$2,932 | 547.4 bp −$54.7K | 691.6 bp −$345.8K |
| Sell Aster live order book, 38 min ago | 15.61 bp | 449.7 bp −$450 | doesn't fit | doesn't fit | doesn't fit |
SWARMS on 9 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 SWARMS_USDT | +0.0100% | 4h | 0.008264 | −0.133% | $950K | $108K | 10x | as long as short |
| BingX SWARMS-USDTlong | +0.0856% | 4h | 0.008275 | long leg | — | $6.5M | — | |
| MEXC SWARMS_USDT | +0.0918% | 4h | 0.008280 | +0.060% | $156K | $101K | 100x | as long as short |
| Binance SWARMSUSDT | +0.0919% | 4h | 0.008279 | +0.048% | $3.6M | $3.4M | 20x | as long as short |
| Extended SWARMS-USD | +0.0920% | 1h | 0.008275 | −0.005% | $12K | $206K | 5x | as long as short |
| BloFin SWARMS-USDT | +0.0968% | 4h | 0.008278 | +0.036% | $232K | $7K | 20x | as long as short |
| KuCoin SWARMSUSDTM | +0.1156% | 4h | 0.008293 | +0.218% | $778K | $121K | 20x | as long as short |
| Aster SWARMSUSDTshort | +0.1405% | 4h | 0.008299 | +0.290% | $31K | $102K | 5x | |
| Kraken Futures PF_SWARMSUSD | +1.3346% | 1h | 0.008326 | +0.613% | $9K | $149 | 10x | as long as short |
Gate SWARMS_USDT
MEXC SWARMS_USDT
Binance SWARMSUSDT
Extended SWARMS-USD
BloFin SWARMS-USDT
KuCoin SWARMSUSDTM
Kraken Futures PF_SWARMSUSD