Funding you earn now, next payment 00:00 UTC+0.0260%/8h= +28.5% APRpaid last 24h +0.054%
Price spread now: tradeXYZ against Aster−0.041%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1431.426% of the position
Funding, last 7 days+0.209%+$21 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.041%, 7d avg −0.020%
=Together, before fees+0.241%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.021% cheaper against Aster than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.020%). If the spread goes back, that is −$2 on $10k: about 7 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.209% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster COINUSDT | 202.26 | 0 | get 0.0000% / 8h | 39m 04s | $371K | $839K | 20x |
| Short | tradeXYZ xyz:COIN | 202.18 | 0.0260 | get 0.0032% / 1h | 39m 04s | $16.5M | $13.1M | 10x |
Aster COINUSDT
tradeXYZ xyz:COINFunding 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
- $54.59
- Price spread: −0.041% → −0.020%
- −$2.14
- Slippage, 4 orders
- −$116.62
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$90.17
- Costs to cover
- 1.426%
- Break-even
- 18.6 days
Slippage from Aster: live order book, 39 min ago; tradeXYZ: live order book, 10 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, 39 min ago | 50.29 bp | 57.1 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.74 bp | 11.5 bp −$11 | 15.3 bp −$153 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 202.22 | −0.022% | $45K | $49K | 30x | as long as short |
| Aster COINUSDTlong | 0.0000% | 8h | 202.26 | long leg | $371K | $839K | 20x | |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.13 | −0.064% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.17 | −0.046% | $15.7M | $76.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.27 | +0.003% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.14 | −0.061% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.18 | −0.041% | $1.3M | $7.0M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.32 | +0.030% | $841K | $1.1M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.35 | +0.043% | $12K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0011% | 8h | 202.25 | −0.007% | $6.9M | $10.1M | 20x | as long as short |
Injective COIN/USDC PERP
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 202.18 | −0.041% | $1.4M | $3.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 202.15 | −0.056% | $434K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.31 | +0.023% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 202.13 | −0.066% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 202.14 | −0.061% | $140K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.17 | −0.046% | $77 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 202.16 | −0.051% | $367K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.16 | −0.051% | $1.0M | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.13 | −0.066% | $91K | $328K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.17 | −0.046% | $585 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.17 | −0.048% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.17 | −0.046% | $200K | $342K | 20x | as long as short |
| Lighter COIN | +0.0160% | 1h | 202.16 | −0.051% | $377K | $2.0M | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 202.32 | +0.028% | $5K | $279K | 10x | as long as short |
| tradeXYZ xyz:COINshort | +0.0260% | 1h | 202.18 | −0.041% | $16.5M | $13.1M | 10x | |
| edgeX COINUSDC | +0.0280% | 4h | 202.29 | +0.014% | $52K | $293K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Lighter COIN
Phoenix COIN
edgeX COINUSDC