Funding you earn now, next payment 16:00 UTC−0.0035%/8h= −3.9% APRnext payment −$0.35 per $10,000 · paid last 24h −0.018%
Price spread now: Aster against Binance+0.024%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1291.290% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 4 days (all we have)−0.526%−$53 · spread now +0.024%, 7d avg −0.031%
=Together, before fees−0.591%+ Points / potential airdropAster: Stage 5 · farm board−$59 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.055% dearer against Binance than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.031%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COINUSDT | 195.90 | 0.0035 | pay 0.0035% / 8h | 7h 58m | $15.0M | $82.1M | 20x |
| Short | Aster COINUSDT | 195.95 | 0 | get 0.0000% / 8h | 7h 58m | $342K | $890K | 20x |
Binance COINUSDT
Aster COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$7.42
- Price spread: +0.024% → −0.031%
- $5.5
- Slippage, 4 orders
- −$111.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$130.95
- Costs to cover
- 1.290%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Aster: live order book, 39 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 Binance live order book, 14 min ago | 0.51 bp | 7.8 bp −$8 | 16.8 bp −$168 | 58.2 bp −$5,815 | doesn't fit |
| Sell Aster live order book, 39 min ago | 44.29 bp | 65.4 bp −$65 | 170.0 bp −$1,700 | 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 | 195.48 | −0.214% | $43K | $40K | 30x | as long as short |
| Bitget COINUSDT | −0.0321% | 8h | 196.00 | +0.051% | $6.4M | $10.5M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0051% | 1h | 195.29 | −0.311% | — | $326K | 25x | as long as short |
| Aster COINUSDTshort | 0.0000% | 8h | 195.95 | +0.024% | $342K | $890K | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 196.06 | +0.082% | $4.7M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.06 | +0.082% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.89 | −0.005% | $1.2M | $6.7M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.45 | −0.230% | $659K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | +0.0008% | 8h | 195.46 | −0.224% | $20K | $2.9M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0024% | 1h | 195.90 | 0.000% | $15.2M | $12.9M | 10x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
tradeXYZ xyz:COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0032% | 1h | 195.83 | −0.035% | $466K | $1.3M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0032% | 1h | 195.81 | −0.044% | $104K | $860K | 10x | as long as short |
| Binance COINUSDTlong | +0.0035% | 8h | 195.90 | long leg | $15.0M | $82.1M | 20x | |
| Arcus COIN-USD | +0.0040% | 1h | 195.79 | −0.056% | $17K | $58K | 5x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.71 | −0.097% | $135K | $1.4M | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.32 | −0.296% | $442K | $2.8M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 195.65 | −0.127% | $1.3M | $2.9M | 10x | as long as short |
| Lighter COIN | +0.0072% | 1h | 195.88 | −0.008% | $364K | $2.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.71 | −0.097% | $986K | $154K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.40 | −0.255% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.88 | −0.010% | $566 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.92 | +0.010% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0141% | 8h | 195.85 | −0.025% | $187K | $435K | 20x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.42 | −0.245% | $4K | $283K | 10x | as long as short |
| SoDEX COIN-USD | +0.0241% | 1h | 195.71 | −0.097% | $78 | $3K | 10x | as long as short |
| edgeX COINUSDC | +0.0875% | 4h | 195.55 | −0.181% | $50K | $295K | 10x | as long as short |
Lighter RH COIN
Extended COIN_24_5-USD
Arcus COIN-USD
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
SoDEX COIN-USD
edgeX COINUSDC