Funding you earn now, next payment 08:00 UTC−0.0198%/8h= −21.7% APRnext payment −$1.98 per $10,000 · paid last 24h −0.026%
Price spread now: Aster against OKX−0.061%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$491as in the Funding arb table
Net, price: spread back to 7d avg − costs−$494as in the Price arb table
costs, in and out, $10k−$4894.887% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.061%, 7d avg −0.006%
=Together, before fees+0.044%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.055% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.98 per $10,000. 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 | OKX BE-USDT-SWAP | 274.22 | 0.0198 | pay 0.0198% / 8h | 6h 27m | $2.6M | $6.8M | 25x |
| Short | Aster BEUSDT | 274.05 | 0 | get 0.0000% / 8h | 6h 27m | $345K | $119K | 20x |
OKX BE-USDT-SWAP
Aster BEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- −$41.64
- Price spread: −0.061% → −0.006%
- −$5.47
- Slippage, 4 orders
- −$470.75
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$535.86
- Costs to cover
- 4.887%
- Break-even
- never at this rate
Slippage from OKX: live order book, 6 min ago; Aster: live order book, 40 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 OKX live order book, 6 min ago | 2.38 bp | 11.0 bp −$11 | 74.0 bp −$740 | doesn't fit | doesn't fit |
| Sell Aster live order book, 40 min ago | 38.12 bp | 65.4 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
BE on 20 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 BEUSDTshort | 0.0000% | 8h | 274.05 | −0.061% | $345K | $119K | 20x | |
| Bybit BEUSDT | 0.0000% | 8h | 274.23 | +0.004% | $2.0M | $1.1M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 273.90 | −0.117% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.07 | −0.055% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.07 | −0.055% | $7K | $168K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.17 | −0.018% | $932 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.21 | −0.004% | $13K | $34K | 20x | as long as short |
| QFEX BE-USD | +0.0026% | 1h | 274.07 | −0.055% | $1.3M | $3.2M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.00 | −0.080% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.13 | −0.033% | $250K | $290K | 10x | as long as short |
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
QFEX BE-USD
Lighter BE
Lighter RH BEShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BE-USD | +0.0040% | 1h | 273.72 | −0.182% | $114K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.04 | −0.066% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.05 | −0.062% | $5.9M | $2.8M | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.07 | −0.055% | $370K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.07 | −0.054% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0112% | 1h | 273.08 | −0.416% | $473K | $131K | 10x | as long as short |
| Extended BE-USD | +0.0136% | 1h | 274.12 | −0.038% | $46K | $258K | 10x | as long as short |
| Binance BEUSDT | +0.0138% | 8h | 274.20 | −0.007% | $8.4M | $36.3M | 25x | as long as short |
| OKX BE-USDT-SWAPlong | +0.0198% | 8h | 274.22 | long leg | $2.6M | $6.8M | 25x | |
| Deribit BE_USDC-PERPETUAL | +0.0407% | 1h | 274.10 | −0.044% | $7K | $4K | 10x | as long as short |
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
KuCoin BEUSDTM
Aevo BE-PERP
Coinbase International BE-PERP-INTX
Extended BE-USD
Binance BEUSDT
Deribit BE_USDC-PERPETUAL