Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.026%
Price spread now: tradeXYZ against Aster+0.013%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$427as in the Funding arb table
Net, price: spread back to 7d avg − costs−$436as in the Price arb table
costs, in and out, $10k−$4414.407% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.013%, 7d avg −0.037%
=Together, before fees+0.056%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.050% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BEUSDT | 274.45 | 0 | get 0.0000% / 8h | 3h 46m | $345K | $119K | 20x |
| Short | tradeXYZ xyz:BE | 274.49 | 0.0050 | get 0.0006% / 1h | 46m 46s | $5.9M | $2.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: +0.013% → −0.037%
- $4.99
- Slippage, 4 orders
- −$414.65
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$425.17
- Costs to cover
- 4.407%
- Break-even
- 290.4 days
Slippage from Aster: live order book, 5 min ago; tradeXYZ: live order book, 2 min ago.
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 live order book, 5 min ago | 32.20 bp | 342.9 bp −$343 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 0.18 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDTlong | 0.0000% | 8h | 274.45 | long leg | $345K | $119K | 20x | |
| Gate BE_USDT | 0.0000% | 8h | 274.40 | −0.020% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.99 | +0.195% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.27 | −0.068% | $7K | $163K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.19 | −0.096% | $910 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.79 | +0.122% | $13K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.29 | −0.060% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.44 | −0.005% | $251K | $290K | 10x | as long as short |
| Extended BE-USD | +0.0032% | 1h | 274.59 | +0.049% | $46K | $260K | 10x | as long as short |
| Binance BEUSDT | +0.0035% | 8h | 274.76 | +0.111% | $8.5M | $36.5M | 25x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0036% | 1h | 274.65 | +0.071% | $1.3M | $2.7M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.40 | −0.020% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.61 | +0.057% | — | — | 10x | as long as short |
| tradeXYZ xyz:BEshort | +0.0050% | 1h | 274.49 | +0.013% | $5.9M | $2.6M | 10x | |
| Bybit BEUSDT | +0.0051% | 8h | 274.76 | +0.111% | $2.0M | $1.1M | 25x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 273.08 | −0.501% | $473K | $128K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.57 | +0.042% | $371K | $19K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.58 | +0.045% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0139% | 8h | 274.85 | +0.144% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0139% | 8h | 274.79 | +0.122% | $45K | $142K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0661% | 1h | 274.58 | +0.046% | $7K | $4K | 10x | as long as short |
Aster BEUSDT
tradeXYZ xyz:BE
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Extended BE-USD
Binance BEUSDT
Bybit BEUSDT
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL