Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 501.34 | +0.0886 | pay 0.0886% / 8h | 1h 09m | $925K | $1.2M | — | Long BingX | |
| SHORT | 503.24 | +0.0067 | get 0.0067% / 8h | 1h 09m | $312K | $16K | 20x | Short Aster≤10% back |
Price gap+0.378%
Funding gap−0.0819% /8h
The gap pays +$35 on $10k if it goes back to its 7d average, but funding costs $25 a day and eats that in about 34 hours. At the last 7 days' pace that is about 5.8 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$42−0.0819% /8h now · paid −0.418% over the last 7D
Price+$35spread +0.378% now, avg +0.033% → +0.346% if it goes back
Costs−$3323.323% of $10k · taker + slippage, in and out
Result−$340−3.40%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.418% in total, about −0.0199%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.378%
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
/8hBRKB on 16 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size21.5 / 57.5 bpAt $10k entering Aster costs 57.5 bp, fee and slippage, 2.7× BingX’s.
- Note: Margin at max leverage— + $500BingX —, Aster 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: −$24.56Long BingX: 3 payments, −$26.58; short Aster: 3 payments, +$2.02.
- OK: Entry gap works for you+0.378% vs +0.033%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$312K vs $925K 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−0.0199%/8h × 21 periods−$41.84
Price spread+0.378% → +0.033% (7d avg)+$34.55
Slippage, 4 orderslive order books−$314.26
Fee BingX bp × 2 orders−$10.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$339.55
Costs to cover3.323%Break-evennever at this rate
Slippage: BingX: live order book, 1 min ago; Aster: live order book, 51 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX8.1821.5 bp−$2243.1 bp−$431304.1 bp−$30.4K997.8 bp−$498.9K
SELL · SHORTAster51.4957.5 bp−$57doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
BloFin