Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | AsterOURAUSD1 | 50.972 | +0.0050 | pay 0.0050% / 8h | 6h 02m | $100K | $73K | 20x | Long Aster≤10% back |
| SHORT | QFEXOURA-USD | 51.130 | −0.0005 | pay 0.0001% / 1h | 2m 19s | $1.1M | $558K | 10x | Short QFEX |
Price gap+0.309%
Funding gap−0.0055% /8h
The gap pays +$39 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 23 days.
Funding you earn now−0.0055% /8hpaid last 24h −0.010% · next 10:00 UTC
Price spread now+0.309%7d average −0.076% · you sell dearer than you buy
Net 7d · $10k—Paid 7d −$116h − costs $104 · under 7 days of funding history
Net, price · $10k−$65spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$1041.035% of a $10k position
Funding, last
16 hours, all we have−0.010%−$1 on $10kPrice spread, last 18 hours of 7D (all we have)−0.495%−$50 · now +0.309%, avg −0.076%
Together, before fees−0.505%−$51+ Points / potential airdropAster: Stage 5 · farm boardWith fees, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
QFEX price against Asternow
RANGE STATS · 7D
Now+0.309%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOURA on 12 exchanges
lowest funding first| Exchange | Funding /8h | Every | Price | vs long leg | OI | Vol 24h | Lev | KYC | Use as | |
|---|---|---|---|---|---|---|---|---|---|---|
| LighterOURA | −0.0176% · 1h | 1h | 52.395 | +2.791% | $99K | $181K | 5x | No | 52.395 · +2.791% · OI $99K · 5x · KYC No | longshort |
| tradeXYZxyz:OURA | −0.0017% · 1h | 1h | 50.940 | −0.064% | $218K | $1.0M | 5x | No | 50.940 · −0.064% · OI $218K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0005% · 1h | 1h | 51.130 | +0.309% | $1.1M | $558K | 10x | No | 51.130 · +0.309% · OI $1.1M · 10x · KYC No | SHORT |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 50.922 | −0.099% | $122K | $1.3M | 20x | Yes | 50.922 · −0.099% · OI $122K · 20x · KYC Yes | longshort |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.170 | +2.349% | $471K | $293K | 10x | Yes | 52.170 · +2.349% · OI $471K · 10x · KYC Yes | longshort |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 50.951 | −0.042% | $1.5M | $11.0M | 20x | Yes | 50.951 · −0.042% · OI $1.5M · 20x · KYC Yes | longshort |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 50.790 | −0.358% | — | $2.3M | 10x | No | 50.790 · −0.358% · OI — · 10x · KYC No | longshort |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.400 | +0.839% | $11K | $393K | 10x | Limited | 51.400 · +0.839% · OI $11K · 10x · KYC Limited | longshort |
| BloFinOURA-USDT | +0.0041% · 8h | 8h | 51.050 | +0.152% | $46K | $25K | 20x | Limited | 51.050 · +0.152% · OI $46K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 50.972 | long leg | $100K | $73K | 20x | No | 50.972 · long leg · OI $100K · 20x · KYC No | LONG |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.119 | +0.287% | $789K | $3.8M | 20x | Yes | 51.119 · +0.287% · OI $789K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.330 | +0.701% | $14K | $3.3M | 20x | Yes | 51.330 · +0.701% · OI $14K · 20x · KYC Yes | longshort |
Before you open
3 ok · 3 to watch- Watch: Thin at this size31.0 / 20.9 bpAt $10k Aster’s book costs 31.0 bp to enter, 1.5× QFEX’s.
- Note: Margin at max leverage$500 + $1,000Aster 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.64Long Aster: 3 payments, −$1.50; short QFEX: 24 payments, −$0.14.
- OK: Entry gap works for you+0.309% vs −0.076%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$100K vs $1.1M OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- OK: No KYC on either legAster No · QFEX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0050%/8h × 21 periods−$10.53
Price spread+0.309% → −0.076% (7d avg)+$38.53
Slippage, 4 orderslive order books−$85.54
Fee Aster bp × 2 orders−$8.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$75.54
Costs to cover1.035%Break-evennever at this rate
Slippage: Aster: live order book, 14 min ago; QFEX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster23.5231.0 bp−$31doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX2.9420.9 bp−$21doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.