Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 16.950 | +0.0114 | pay 0.0114% / 8h | 1h 09m | $944K | $1.2M | — | Long BingX | |
| SHORT | 16.934 | 0 | 0.0000% / 8h | 1h 09m | $97K | $279K | 20x | Short Aster≤10% back |
Price gap−0.092%
Funding gap−0.0114% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.076% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$43−0.0114% /8h now · paid −0.426% over the last 7D
Price−$8spread −0.092% now, avg −0.016% → −0.076% if it goes back
Costs−$470.466% of $10k · taker + slippage, in and out
Result−$97−0.97%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.092%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSNXX on 16 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest8.0 / 13.0 bp$10k is over 10% of Aster’s open interest.
- Note: Margin at max leverage— + $500BingX —, 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: −$3.42Long BingX: 3 payments, −$3.42; short Aster: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.092% vs −0.016%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$97K vs $944K OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCBingX Yes · Aster NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0203%/8h × 21 periods−$42.61
Price spread−0.092% → −0.016% (7d avg)−$7.60
Slippage, 4 orderslive order books−$28.62
Fee BingX bp × 2 orders−$10.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$96.83
Costs to cover0.466%Break-evennever at this rate
Slippage: BingX: live order book, 2 min ago; Aster: live order book, 51 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX2.978.0 bp−$88.0 bp−$8018.8 bp−$1,87974.3 bp−$37.1K
SELL · SHORTAster9.0113.0 bp−$1321.8 bp−$218doesn’t fitdoesn’t fit
Closing costs about the same again.