Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04300 | +0.0277 | pay 0.0138% / 4h | 8m 20s | $77K | $362K | 5x | Long Aster≤10% back | |
| SHORT | 0.04287 | +0.0100 | get 0.0100% / 8h | 8m 20s | $2.7M | $16.0M | 25x | Short Gate |
Price gap−0.314%
Funding gap−0.0177% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.304% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$12−0.0177% /8h now · paid −0.124% over the last 7D
Price−$30spread −0.314% now, avg −0.009% → −0.304% if it goes back
Costs−$3643.641% of $10k · taker + slippage, in and out
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−0.314%
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
/8hUAI on 11 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size55.0 / 94.3 bpAt $10k entering Gate costs 94.3 bp, fee and slippage, 1.7× Aster’s.
- Note: Margin at max leverage$2,000 + $400Aster 5x, Gate 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$5.30Long Aster: 6 payments, −$8.30; short Gate: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.314% vs −0.009%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$77K vs $2.7M OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCAster No · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0059%/8h × 21 periods−$12.39
Price spread−0.314% → −0.009% (7d avg)−$30.45
Slippage, 4 orderslive order books−$341.09
Fee Aster bp × 2 orders−$8.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$406.93
Costs to cover3.641%Break-evennever at this rate
Slippage: Aster: live order book, 30 min ago; Gate: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster22.4255.0 bp−$55300.3 bp−$3,003doesn’t fitdoesn’t fit
SELL · SHORTGate4.6794.3 bp−$94doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

