Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 246.81 | 0 | 0.0000% / 8h | 2h 51m | $1.1M | $109K | 20x | Long Aster≤10% back | |
| SHORT | 246.83 | 0 | 0.0000% / 8h | 2h 51m | $183K | $215K | 20x | Short Binance |
Price gap+0.010%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$4 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$140.0000% /8h now · paid −0.138% over the last 7D
Price+$4spread +0.010% now, avg −0.030% → +0.040% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$10−0.10%+ Points / potential airdropAster: Stage 5 · farm boardcosts unknown: book too thin at $10k · What 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+0.010%
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
/8hACN on 11 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Aster’s order book right now.
- Note: Margin at max leverage$500 + $500Aster 20x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Aster: 3 payments, $0.00; short Binance: 3 payments, $0.00.
- OK: Entry gap works for you+0.010% vs −0.030%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$183K vs $1.1M OIBinance 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 · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0066%/8h × 21 periods−$13.83
Price spread+0.010% → −0.030% (7d avg)+$4.01
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Aster bp × 2 orders−$8.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Aster: live order book, 1 min ago; Binance: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster57.61doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance8.9037.1 bp−$37doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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