Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.8540 | +0.0496 | pay 0.0496% / 8h | 1h 09m | $910K | $1.2M | — | Long BingX | |
| SHORT | 5.8710 | +0.0453 | get 0.0453% / 8h | 1h 09m | $35K | $776K | 10x | Short Aster≤10% back |
Price gap+0.290%
Funding gap−0.0043% /8h
The gap pays +$25 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 20 days. At the last 7 days' pace that is about 3.9 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$46−0.0043% /8h now · paid −0.456% over the last 7D
Price+$25spread +0.290% now, avg +0.037% → +0.253% if it goes back
Costs−$1051.046% of $10k · taker + slippage, in and out
Result−$125−1.25%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.290%
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
/8hBNC on 10 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size14.4 / 36.1 bpAt $10k entering Aster costs 36.1 bp, fee and slippage, 2.5× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, Aster 10x. 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: −$1.28Long BingX: 3 payments, −$14.88; short Aster: 3 payments, +$13.60.
- OK: Entry gap works for you+0.290% vs +0.037%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$35K vs $910K OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCBingX Yes · Aster NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0217%/8h × 21 periods−$45.60
Price spread+0.290% → +0.037% (7d avg)+$25.32
Slippage, 4 orderslive order books−$86.59
Fee BingX bp × 2 orders−$10.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$124.87
Costs to cover1.046%Break-evennever at this rate
Slippage: BingX: live order book, 2 min ago; Aster: live order book, 52 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX7.6814.4 bp−$1430.5 bp−$305doesn’t fitdoesn’t fit
SELL · SHORTAster21.9636.1 bp−$36doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-23 15:32 | Aster | Points | Epoch 3 is a wrap. Did you show up? Epoch 4 is now live with more hot markets: $MOONSHOT, $POLYMARKET, $BNC, $OURA and more. Trade for USD1 rewards and hold positions for $WLFI rewards. Make your moves. @Aster_DEX on X ↗ |
| 09-18 14:20 | Aster | Listing | New RWA perp listing: $BNC (CEA Industries Inc) with up to 10x leverage. @Aster_DEX on X ↗ |