Funding you earn now, next payment 04:00 UTC+0.0106%/8h= +11.7% APRnext payment +$0.53 per $10,000 · paid last 24h +0.002%
Price spread now: Aster against Gate+0.251%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.251% dearer against Gate than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TOWNS_USDT | 0.002063 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $70K | $19K | 10x |
| Short | Aster TOWNSUSDT | 0.002068 | 0.0206 | get 0.0103% / 4h | 2h 33m | $10K | $6K | 5x |
Gate TOWNS_USDT
Aster TOWNSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- $22.36
- Price spread: +0.251% → 0.000%
- $25.11
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $24.47
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Gate: no order-book sample; Aster: no order-book sample. 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 Gate no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Gate and 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 | 0.002069 | +0.291% | $372K | $115K | 5x | as long as short |
| Gate TOWNS_USDTlong | +0.0100% | 4h | 0.002063 | long leg | $70K | $19K | 10x | |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002066 | +0.154% | $193 | $555 | — | as long as short |
| Aster TOWNSUSDTshort | +0.0206% | 4h | 0.002068 | +0.251% | $10K | $6K | 5x | |
| MEXC TOWNS_USDT | +0.0336% | 4h | 0.002068 | +0.242% | $397K | $125K | 100x | as long as short |
| Binance TOWNSUSDT | +0.0351% | 4h | 0.002069 | +0.291% | $2.0M | $1.3M | 10x | as long as short |
| Coinbase International TOWNS-PERP-INTX | +0.0392% | 1h | 0.002171 | +5.235% | $81K | $4K | 25x | as long as short |
| BingX TOWNS-USDT | +0.0656% | 4h | 0.002067 | +0.194% | — | $2.3M | — | as long as short |
| Bitget TOWNSUSDT | +0.0694% | 4h | 0.002063 | 0.000% | $338K | $48K | 5x | as long as short |
| KuCoin TOWNSUSDTM | +0.0910% | 4h | 0.002063 | 0.000% | $246K | $30K | 10x | as long as short |
Bybit TOWNSUSDT
Variational Omni TOWNS
MEXC TOWNS_USDT
Binance TOWNSUSDT
Coinbase International TOWNS-PERP-INTX
BingX TOWNS-USDT
Bitget TOWNSUSDT
KuCoin TOWNSUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TOWNS_USDC-PERPETUAL | +0.4106% | 1h | 0.002075 | +0.582% | — | — | 25x | as long as short |
Deribit TOWNS_USDC-PERPETUAL