Funding you earn now, next payment 04:00 UTC+0.0486%/8h= +53.2% APRnext payment +$2.43 per $10,000 · paid last 24h +0.012%
Price spread now: Aster against MEXC−0.284%7-day average −0.105% · 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−$993as in the Price arb table
costs, in and out, $10k−$9759.747% of the position
Funding, last 5 days (all we have)−0.191%−$19 on $10k
+Price spread, last 4 days (all we have)−0.216%−$22 · spread now −0.284%, 7d avg −0.105%
=Together, before fees−0.407%+ Points / potential airdropAster: Stage 5 · farm board−$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.179% cheaper against MEXC than usual: you would sell low and buy high (spread −0.284% now, against its 7-day average of −0.105%). If the spread goes back, that is −$18 on $10k: about 29 hours of funding at the current rate (+$15 a day). Mind the row above: over the last 5 days funding on this pair cost −0.191%, 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 5 days it paid -0.191% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.43 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 | MEXC SWARMS_USDT | 0.008338 | 0.1010 | pay 0.0505% / 4h | 0m 25s | $153K | $105K | 100x |
| Short | Aster SWARMSUSDT | 0.008314 | 0.1496 | get 0.0748% / 4h | 0m 25s | $31K | $139K | 5x |
MEXC SWARMS_USDT
Aster SWARMSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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
- $102.12
- Price spread: −0.284% → −0.105%
- −$17.92
- Slippage, 4 orders
- −$962.73
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$890.54
- Costs to cover
- 9.747%
- Break-even
- 68.0 days
Slippage from MEXC: live order book, 30 min ago; Aster: live order book, 56 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 MEXC live order book, 30 min ago | 3.03 bp | 17.0 bp −$17 | 71.0 bp −$710 | 186.5 bp −$18.6K | 491.2 bp −$245.6K |
| Sell Aster live order book, 56 min ago | 15.21 bp | 492.1 bp −$492 | 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 | 0.008334 | −0.048% | $961K | $120K | 10x | as long as short |
| BingX SWARMS-USDT | +0.0940% | 4h | 0.008336 | −0.024% | — | $6.5M | — | as long as short |
| BloFin SWARMS-USDT | +0.0997% | 4h | 0.008334 | −0.048% | $233K | $7K | 20x | as long as short |
| Extended SWARMS-USD | +0.1008% | 1h | 0.008333 | −0.056% | $7K | $143K | 5x | as long as short |
| MEXC SWARMS_USDTlong | +0.1010% | 4h | 0.008338 | long leg | $153K | $105K | 100x | |
| Binance SWARMSUSDT | +0.1033% | 4h | 0.008337 | −0.012% | $3.6M | $3.7M | 20x | as long as short |
| KuCoin SWARMSUSDTM | +0.1368% | 4h | 0.008336 | −0.024% | $783K | $135K | 20x | as long as short |
| Aster SWARMSUSDTshort | +0.1496% | 4h | 0.008314 | −0.284% | $31K | $139K | 5x | |
| Kraken Futures PF_SWARMSUSD | +1.3025% | 1h | 0.008383 | +0.538% | $9K | $209 | 10x | as long as short |
Gate SWARMS_USDT
BingX SWARMS-USDT
BloFin SWARMS-USDT
Extended SWARMS-USD
Binance SWARMSUSDT
KuCoin SWARMSUSDTM
Kraken Futures PF_SWARMSUSD