Funding you earn now, next payment 02:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h −0.022%
Price spread now: Aster against tradeXYZ−0.015%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1541.539% of the position
Funding, last 7 days−0.187%−$19 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now −0.015%, 7d avg +0.030%
=Together, before fees−0.143%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.045% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:WDC | 450.40 | 0.0058 | pay 0.0007% / 1h | 15m 48s | $2.4M | $2.2M | 10x |
| Short | Aster WDCUSDT | 450.33 | 0 | get 0.0000% / 8h | 6h 15m | $11K | $115K | 20x |
tradeXYZ xyz:WDC
Aster WDCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- −$12.18
- Price spread: −0.015% → +0.030%
- −$4.48
- Slippage, 4 orders
- −$127.91
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$170.57
- Costs to cover
- 1.539%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 2 min ago; Aster: live order book, 50 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 tradeXYZ live order book, 2 min ago | 1.33 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 50 min ago | 4.09 bp | 61.3 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
WDC on 16 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 | −0.0649% | 4h | 450.55 | +0.033% | $50K | $230K | 10x | as long as short |
| Aster WDCUSDTshort | 0.0000% | 8h | 450.33 | −0.015% | $11K | $115K | 20x | |
| Extended WDC-USD | 0.0000% | 1h | 450.73 | +0.074% | $4K | $134K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 450.84 | +0.097% | $7.5M | $25.0M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 450.85 | +0.100% | $2.0M | $824K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 450.70 | +0.067% | $2.0M | $2.6M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 450.92 | +0.115% | $1.2M | $1.1M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.30 | −0.022% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0048% | 8h | 450.99 | +0.131% | $2.2M | $3.9M | 20x | as long as short |
| tradeXYZ xyz:WDClong | +0.0058% | 1h | 450.40 | long leg | $2.4M | $2.2M | 10x |
edgeX WDCUSDC
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
Lighter WDC
OKX WDC-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USD | +0.0062% | 1h | 450.61 | +0.047% | $1.1M | $3.7M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 450.59 | +0.042% | $277K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.57 | +0.038% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 450.90 | +0.111% | — | $2.5M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 451.16 | +0.169% | $33K | $8K | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0414% | 8h | 450.59 | +0.043% | $586 | $161K | 10x | as long as short |
QFEX WDC-USD
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
GRVT WDC_USDT_Perp