Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.4855 | −0.0072 | get 0.0036% / 4h | 57m 16s | $78K | $713K | 10x | Long Aster≤10% back | |
| SHORT | 0.4849 | −0.0033 | pay 0.0004% / 1h | 57m 16s | $3K | $204K | 20x | Short Bullet |
Price gap−0.122%
Funding gap+0.0040% /8h
Funding pays +$1 a day on $10k, but the gap is 0.084% under its 7d average: −$8 if it goes back, about 7.1 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$70+0.0040% /8h now · paid −0.700% over the last 7D
Price−$8spread −0.122% now, avg −0.038% → −0.084% if it goes back
Costs−$400.402% of $10k · taker + slippage, in and out
Result−$118−1.18%+ Points / potential airdropAster: Stage 5 · Bullet: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.122%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTIA on 28 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest14.2 / 2.5 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$1,000 + $500Aster 10x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.19Long Aster: 6 payments, +$2.17; short Bullet: 24 payments, −$0.98.
- Watch: Gap narrower than usual−0.122% vs −0.038%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$3K vs $78K OIBullet sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5 · Bullet pointsVolume here counts toward the points program.
- OK: No KYC on either legAster No · Bullet NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0333%/8h × 21 periods−$69.95
Price spread−0.122% → −0.038% (7d avg)−$8.37
Slippage, 4 orderslive order books−$32.16
Fee Aster bp × 2 orders−$8.00
Fee Bullet bp × 2 orders$0.00
Net · 7 days · $10k−$118.48
Costs to cover0.402%Break-evennever at this rate
Slippage: Aster: live order book, 39 min ago; Bullet: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster4.0414.2 bp−$14doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBullet2.542.5 bp−$36.8 bp−$68doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-20 08:16 | Bullet | Listing | new market TIA-USD ($TIA) seen by our collector |
| 10-20 07:59 | Bullet | Listing | By popular demand, $TIA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |