Funding you earn now, next payment 04:00 UTC+0.0640%/8h= +70.1% APRnext payment +$3.20 per $10,000 · paid last 24h +0.048%
Price spread now: KuCoin against Aster−0.048%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. KuCoin is 0.048% cheaper against Aster than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$19 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TOWNSUSDT | 0.002071 | 0.0204 | pay 0.0102% / 4h | 2h 26m | $10K | $6K | 5x |
| Short | KuCoin TOWNSUSDTM | 0.002070 | 0.0844 | get 0.0422% / 4h | 2h 26m | $247K | $31K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Aster. 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
- $134.37
- Price spread: −0.048% → 0.000%
- −$4.83
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $109.55
- Costs to cover
- 0.200%
- Break-even
- 1.3 days
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 9 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 9 min ago | 24.26 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TOWNS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002071 | 0.000% | $372K | $115K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002070 | −0.048% | $71K | $20K | 10x | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002074 | +0.129% | $194 | $555 | — | as long as short |
| Aster TOWNSUSDTlong | +0.0204% | 4h | 0.002071 | long leg | $10K | $6K | 5x | |
| Binance TOWNSUSDT | +0.0350% | 4h | 0.002071 | −0.020% | $2.0M | $1.3M | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0352% | 4h | 0.002069 | −0.097% | $397K | $125K | 100x | as long as short |
| Coinbase International TOWNS-PERP-INTX | +0.0392% | 1h | 0.002171 | +4.829% | $81K | $4K | 25x | as long as short |
| BingX TOWNS-USDT | +0.0634% | 4h | 0.002070 | −0.048% | — | $2.3M | — | as long as short |
| Bitget TOWNSUSDT | +0.0640% | 4h | 0.002070 | −0.048% | $339K | $48K | 5x | as long as short |
| KuCoin TOWNSUSDTMshort | +0.0844% | 4h | 0.002070 | −0.048% | $247K | $31K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TOWNS_USDC-PERPETUAL | +0.3615% | 1h | 0.002078 | +0.338% | — | — | 25x | as long as short |
Aster TOWNSUSDT
KuCoin TOWNSUSDTM
Bybit TOWNSUSDT
Gate TOWNS_USDT
Variational Omni TOWNS
Binance TOWNSUSDT
MEXC TOWNS_USDT
Coinbase International TOWNS-PERP-INTX
BingX TOWNS-USDT
Bitget TOWNSUSDT
Deribit TOWNS_USDC-PERPETUAL