Funding you earn now, next payment 02:00 UTC−1.2798%/8h= −1401.3% APRpaid last 24h +0.081%
Price spread now: Gate against Aster−0.134%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−6.523%−$652 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$384 a day on $10k at the current rate, and Gate is 0.134% cheaper against Aster than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -6.523% in total (about -340.1% a year). A funding rate is set anew for every payment. 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 | Aster ZCATUSDT | 0.09686 | 1.2898 | pay 0.1612% / 1h | 10m 37s | $75K | $56K | 5x |
| Short | Gate ZCAT_USDT | 0.09673 | 0.0100 | get 0.0050% / 4h | 2h 10m | $40K | $24K | 10x |
Aster ZCATUSDT
Gate ZCAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$2,687.48
- Price spread: −0.134% → 0.000%
- −$13.43
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,723.91
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Gate: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Gate no order-book sample | — | — | — | — | — |
Aster and Gate: 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.
ZCAT on 4 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 ZCAT_USDTshort | +0.0100% | 4h | 0.09673 | −0.134% | $40K | $24K | 10x | |
| BingX ZCAT-USDT | +0.0280% | 4h | 0.09710 | +0.248% | — | $1.0M | — | as long as short |
| MEXC ZCAT_USDT | +0.0400% | 4h | 0.09706 | +0.206% | $158K | $196K | 20x | as long as short |
| Aster ZCATUSDTlong | +1.2898% | 1h | 0.09686 | long leg | $75K | $56K | 5x |
BingX ZCAT-USDT
MEXC ZCAT_USDT