Funding you earn now, next payment 08:00 UTC+0.0603%/8h= +66.0% APRpaid last 24h −0.015%
Price spread now: Binance against Aster+0.069%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.105%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Binance is 0.069% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.105% in total (about 5.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TENCENTUSDT | 57.760 | 0.0040 | pay 0.0040% / 8h | 2h 37m | $46K | $12K | 20x |
| Short | Binance TENCENTUSDT | 57.800 | 0.0642 | get 0.0321% / 4h | 2h 37m | $2.9M | $5.2M | 25x |
Aster TENCENTUSDT
Binance TENCENTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $126.54
- Price spread: +0.069% → 0.000%
- $6.93
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $115.46
- Costs to cover
- 0.180%
- Break-even
- 0.6 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 15 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 Binance live order book, 15 min ago | 2.56 bp | 24.0 bp −$24 | 53.1 bp −$531 | 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.
TENCENT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TENCENTUSDT | 0.0000% | 8h | 57.830 | +0.121% | $251K | $264K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.830 | +0.121% | $1.7M | $673K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.750 | −0.017% | $1.2M | $3.1M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.830 | +0.121% | $10K | $43K | 10x | as long as short |
| Aster TENCENTUSDTlong | +0.0040% | 8h | 57.760 | long leg | $46K | $12K | 20x | |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 57.760 | 0.000% | $122K | $688K | 20x | as long as short |
| Binance TENCENTUSDTshort | +0.0642% | 4h | 57.800 | +0.069% | $2.9M | $5.2M | 25x | |
| edgeX TENCENTUSDC | +0.1066% | 4h | 57.854 | +0.163% | $119K | $213K | 10x | as long as short |
| Lighter TENCENT | +0.1480% | 1h | 58.025 | +0.459% | $68K | $4K | 10x | as long as short |
Bybit TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
KuCoin TENCENTUSDTM
edgeX TENCENTUSDC
Lighter TENCENT