Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.8% APRnext payment −$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Binance−0.119%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1811.809% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−0.371%−$37 · spread now −0.119%, 7d avg −0.006%
=Together, before fees−0.534%+ Points / potential airdropAster: Stage 5 · farm board−$53 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.113% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WDCUSDT | 451.12 | 0.0025 | pay 0.0025% / 8h | 5h 13m | $7.5M | $24.7M | 20x |
| Short | Aster WDCUSDT | 450.58 | 0 | get 0.0000% / 8h | 5h 13m | $11K | $115K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$5.31
- Price spread: −0.119% → −0.006%
- −$11.35
- Slippage, 4 orders
- −$162.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$197.57
- Costs to cover
- 1.809%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Aster: live order book, 47 min ago.
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 Binance live order book, 13 min ago | 1.67 bp | 12.5 bp −$13 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell Aster live order book, 47 min ago | 3.11 bp | 84.2 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
WDC on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WDCUSDC | −0.0844% | 4h | 450.81 | −0.068% | $50K | $231K | 10x | as long as short |
| Aster WDCUSDTshort | 0.0000% | 8h | 450.58 | −0.119% | $11K | $115K | 20x | |
| Bybit WDCUSDT | 0.0000% | 8h | 451.08 | −0.009% | $2.0M | $817K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 450.90 | −0.049% | $1.9M | $2.5M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 451.04 | −0.018% | $1.2M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | +0.0017% | 8h | 450.91 | −0.047% | $102K | $94K | 20x | as long as short |
| Extended WDC-USD | +0.0024% | 1h | 450.94 | −0.039% | $5K | $134K | 10x | as long as short |
| Binance WDCUSDTlong | +0.0025% | 8h | 451.12 | long leg | $7.5M | $24.7M | 20x | |
| Lighter WDC | +0.0032% | 1h | 450.47 | −0.144% | — | — | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 450.67 | −0.100% | $2.4M | $2.1M | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USD | +0.0050% | 1h | 450.91 | −0.047% | $1.1M | $3.5M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 450.95 | −0.038% | $278K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.81 | −0.069% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 450.90 | −0.049% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 451.03 | −0.020% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0107% | 8h | 451.44 | +0.071% | $2.2M | $3.9M | 20x | as long as short |
| GRVT WDC_USDT_Perp | +0.0308% | 8h | 450.85 | −0.060% | $537 | $157K | 10x | as long as short |
Binance WDCUSDT
Aster WDCUSDT
edgeX WDCUSDC
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
BloFin WDC-USDT
Extended WDC-USD
Lighter WDC
tradeXYZ xyz:WDC
KuCoin WDCUSDTM
SunX WDC-USDT
HTX WDC-USDT
OKX WDC-USDT-SWAP
GRVT WDC_USDT_Perp