Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | GateOURA_USDT | 52.490 | 0 | get 0.0000% / 8h | 5h 23m | $598K | $390K | 10x | Long Gate |
| SHORT | AsterOURAUSD1 | 51.146 | +0.0050 | get 0.0050% / 8h | 5h 23m | $101K | $73K | 20x | Short Aster≤10% back |
Price gap−2.560%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 2.217% under its 7d average: −$222 if it goes back, about 5 months of funding.
Funding you earn now+0.0050% /8hpaid last 24h +0.015% · next 16:00 UTC
Price spread now−2.560%7d average −0.343% · you buy dearer than you sell
Net 7d · $10k—Paid 7d +$21d − costs $570 · under 7 days of funding history
Net, price · $10k−$792spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$5705.703% of a $10k position
Funding, last
1 day, all we have+0.020%+$2 on $10kPrice spread, last 1 day of 7D (all we have)+5.650%+$565 · now −2.560%, avg −0.343%
Together, before fees+5.670%+$567+ 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
Aster price against Gatenow
RANGE STATS · 7D
Now−2.560%
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 | −0.0224% · 1h | 1h | 52.395 | −0.181% | $110K | $197K | 5x | No | 52.395 · −0.181% · OI $110K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0014% · 1h | 1h | 51.400 | −2.077% | $1.1M | $566K | 10x | No | 51.400 · −2.077% · OI $1.1M · 10x · KYC No | longshort |
| tradeXYZxyz:OURA | 0.0000% · 1h | 1h | 51.301 | −2.265% | $226K | $1.0M | 5x | No | 51.301 · −2.265% · OI $226K · 5x · KYC No | longshort |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 51.401 | −2.075% | $131K | $1.1M | 20x | Yes | 51.401 · −2.075% · OI $131K · 20x · KYC Yes | longshort |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.490 | long leg | $598K | $390K | 10x | Yes | 52.490 · long leg · OI $598K · 10x · KYC Yes | LONG |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 51.252 | −2.359% | $1.6M | $10.0M | 20x | Yes | 51.252 · −2.359% · OI $1.6M · 20x · KYC Yes | longshort |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 51.210 | −2.439% | — | $2.2M | 10x | No | 51.210 · −2.439% · OI — · 10x · KYC No | longshort |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.580 | −1.734% | $11K | $392K | 10x | Limited | 51.580 · −1.734% · OI $11K · 10x · KYC Limited | longshort |
| BloFinOURA-USDT | +0.0034% · 8h | 8h | 51.370 | −2.134% | $47K | $26K | 20x | Limited | 51.370 · −2.134% · OI $47K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 51.146 | −2.560% | $101K | $73K | 20x | No | 51.146 · −2.560% · OI $101K · 20x · KYC No | SHORT |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.380 | −2.115% | $810K | $3.4M | 20x | Yes | 51.380 · −2.115% · OI $810K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.740 | −1.429% | $15K | $3.3M | 20x | Yes | 51.740 · −1.429% · OI $15K · 20x · KYC Yes | longshort |
Before you open
2 ok · 4 to watch- Watch: Thin at this size408.9 / 29.0 bpAt $10k Gate’s book costs 408.9 bp to enter, 14.1× Aster’s.
- Note: Margin at max leverage$1,000 + $500Gate 10x, 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: +$1.50Long Gate: 3 payments, $0.00; short Aster: 3 payments, +$1.50.
- Watch: Gap narrower than usual−2.560% vs −0.343%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$101K vs $598K OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCGate Yes · Aster NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0046%/8h × 21 periods+$9.71
Price spread−2.560% → −0.343% (7d avg)−$221.70
Slippage, 4 orderslive order books−$547.27
Fee Gate bp × 2 orders−$15.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$782.27
Costs to cover5.703%Break-even571.1 days
Slippage: Gate: live order book, 10 min ago; Aster: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate27.70408.9 bp−$409doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAster20.4729.0 bp−$29doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.