Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.034%
Price spread now: KuCoin against Aster−0.059%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. KuCoin is 0.059% cheaper against Aster than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 48 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PAYPUSDT | 17.650 | 0 | get 0.0000% / 8h | 7h 25m | $7K | $792 | 20x |
| Short | KuCoin PAYPUSDTM | 17.640 | 0.0100 | get 0.0100% / 8h | 7h 25m | $53K | $124K | 20x |
Aster PAYPUSDT
KuCoin PAYPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.059% → 0.000%
- −$5.95
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$4.95
- Costs to cover
- 0.200%
- Break-even
- 8.6 days
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 9 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 9 min ago | 19.84 bp | 220.5 bp −$220 | doesn't fit | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PAYP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PAYPUSDTlong | 0.0000% | 8h | 17.650 | long leg | $7K | $792 | 20x | |
| Binance PAYPUSDT | 0.0000% | 8h | 17.630 | −0.116% | $256K | $374K | 20x | as long as short |
| Gate PAYP_USDT | 0.0000% | 8h | 17.620 | −0.173% | $82K | $6K | 25x | as long as short |
| Variational Omni PAYP | 0.0000% | 8h | 17.622 | −0.163% | $70K | $32K | — | as long as short |
| GRVT PAYP_USDT_Perp | 0.0000% | 8h | 17.630 | −0.116% | $130K | $508K | 10x | as long as short |
| SunX PAYP-USDT | 0.0000% | 8h | 17.620 | −0.173% | $1K | $1.7M | 10x | as long as short |
| HTX PAYP-USDT | 0.0000% | 8h | 17.600 | −0.286% | $8K | $3K | 10x | as long as short |
| KuCoin PAYPUSDTMshort | +0.0100% | 8h | 17.640 | −0.059% | $53K | $124K | 20x |
Binance PAYPUSDT
Gate PAYP_USDT
Variational Omni PAYP
GRVT PAYP_USDT_Perp
SunX PAYP-USDT
HTX PAYP-USDT