BTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.49 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Aster+0.011%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$180.180% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 7 days−0.009%−$1 · spread now +0.011%, 7d avg 0.000%

Together, before fees+0.013%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BTCUSDT	86,735.2	0.0010	pay 0.0010% / 8h	2h 22m	$506.6M	$1.16B	200x
Short	Binance BTCUSDT	86,744.4	0.0059	get 0.0059% / 8h	2h 22m	$9.45B	$24.35B	150x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now +0.011%Rate

Funding earned: $10.2
Price spread: +0.011% → 0.000%: $1.03
Slippage, 4 orders: −$0.02
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$6.79
Costs to cover: 0.180%
Break-even: 11.7 days

Slippage from Aster: live order book, 7 min ago; Binance: live order book, 7 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 Aster live order book, 7 min ago	0.01 bp	4.0 bp −$4	4.1 bp −$41	4.8 bp −$480	6.5 bp −$3,259
Sell Binance live order book, 7 min ago	0.01 bp	5.0 bp −$5	5.0 bp −$50	5.0 bp −$501	7.0 bp −$3,497

BTC on 56 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
Aftermath Perps BTCUSD	−0.0235%	1h	86,720.9	−0.016%	$85K	$188K	20x	as long as short
Perpl BTC	−0.0223%	43m	86,780.5	+0.052%	$430K	$24.8M	6.7x	as long as short
Phoenix BTC	−0.0103%	1h	86,781	+0.053%	$2.2M	$12.4M	40x	as long as short
Hotstuff BTC-PERP	−0.0080%	1h	86,726	−0.011%	$9K	$3K	50x	as long as short
dYdX BTC-USD	−0.0067%	1h	86,773.8	+0.045%	$17.6M	$20.6M	50x	as long as short
01 Exchange BTCUSD	0.0000%	1h	86,771.2	+0.042%	$364K	$2.4M	50x	as long as short
Deribit BTC-PERPETUAL	0.0000%	1h	86,767.1	+0.037%	$934.0M	$1.45B	50x	as long as short
KuCoin XBTUSDTM	+0.0004%	8h	86,739.8	+0.005%	$848.6M	$706.9M	125x	as long as short
gTrade (Gains Network) BTC/USD	L +0.0005% / S −0.0004%	1h	86,766.5	+0.036%	$36.9M	—	200x	as long as short
Aster BTCUSDTlong	+0.0010%	8h	86,735.2	long leg	$506.6M	$1.16B	200x

Show all 56 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya BTCRUSDPERP	+0.0021%	1h	86,740.5	+0.006%	$6.7M	$144.4M	40x	as long as short
Phemex BTCUSDT	+0.0022%	8h	86,741	+0.007%	$150.2M	$471.6M	150x	as long as short
BingX BTC-USDT	+0.0025%	8h	86,744.5	+0.011%	—	$1.60B	—	as long as short
Bitget BTCUSDT	+0.0034%	8h	86,741.9	+0.008%	$2.96B	$5.08B	150x	as long as short
Injective BTC/USDC PERP	+0.0049%	1h	86,639	−0.111%	$315K	$26.8M	52x	as long as short
Aevo BTC-PERP	+0.0056%	1h	86,744	+0.010%	$2.4M	$1.3M	20x	as long as short
MEXC BTC_USDT	+0.0057%	8h	86,742.6	+0.009%	$5.19B	$5.69B	500x	as long as short
Binance BTCUSDTshort	+0.0059%	8h	86,744.4	+0.011%	$9.45B	$24.35B	150x
RISEx BTC/USDC	+0.0063%	1h	86,751.4	+0.019%	$9.2M	$41.9M	25x	as long as short
Gate BTC_USDT	+0.0081%	8h	86,744.6	+0.011%	$5.86B	$10.66B	200x	as long as short
OKX BTC-USDT-SWAP	+0.0082%	8h	86,783.7	+0.056%	$2.56B	$12.75B	100x	as long as short
Bybit BTCUSDT	+0.0085%	8h	86,767.2	+0.037%	$5.29B	$9.70B	150x	as long as short
Lighter BTC	+0.0096%	1h	86,757.5	+0.026%	$171.9M	$1.01B	50x	as long as short
Lighter RH BTC	+0.0096%	1h	86,762.4	+0.031%	$24.0M	$153.7M	50x	as long as short
Popdex BTCUSDT	+0.0096%	1h	86,744	+0.010%	$8.5M	$52.3M	100x	as long as short
Variational Omni BTC	+0.0097%	8h	86,726.9	−0.010%	$159.3M	$566.6M	—	as long as short
Katana Perps BTC-USD	+0.0100%	8h	86,732	−0.004%	$203K	$6.8M	50x	as long as short
Paradex BTC-USD-PERP	+0.0100%	8h	86,791.3	+0.065%	$4.8M	$8.2M	50x	as long as short
Nado BTC-PERP	+0.0100%	1h	86,739.8	+0.005%	$21.8M	$235.7M	50x	as long as short
Hyperliquid BTC	+0.0100%	1h	86,807	+0.083%	$3.82B	$5.11B	40x	as long as short
Pacifica BTC	+0.0100%	1h	86,770.9	+0.041%	$41.0M	$492.6M	50x	as long as short
Ondo Perps BTC-USD.P	+0.0100%	1h	86,751	+0.018%	$3.9M	$18.6M	25x	as long as short
Arcus BTC-USD	+0.0100%	1h	86,808.2	+0.084%	$7.5M	$94.8M	40x	as long as short
Bulk BTC-USD	+0.0100%	1h	86,577.9	−0.181%	$571.8M	$22.4M	40x	as long as short
Backpack BTC_USDC_PERP	+0.0100%	1h	86,722.5	−0.015%	$38.1M	$148.5M	75x	as long as short
edgeX BTCUSDC	+0.0100%	4h	86,653.8	−0.094%	$280.0M	$950.3M	100x	as long as short
GRVT BTC_USDT_Perp	+0.0100%	8h	86,676.9	−0.067%	$217.6M	$187.8M	50x	as long as short
ApeX Omni BTCUSDT	+0.0100%	1h	86,687.3	−0.055%	$141.5M	$322.6M	100x	as long as short
StandX BTC-USD	+0.0100%	1h	86,775.2	+0.046%	$30.8M	$204.8M	40x	as long as short
Vest BTC-PERP	+0.0100%	1h	86,820.4	+0.098%	—	$11.6M	50x	as long as short
Polymarket Perps BTC-USD	+0.0100%	1h	86,762	+0.031%	$11.1M	$13.8M	50x	as long as short
Bullet BTC-USD	+0.0100%	1h	86,748.3	+0.015%	$197K	$3.4M	20x	as long as short
Orderly PERP_BTC_USDC	+0.0100%	8h	86,760.8	+0.030%	$2.5M	$8.5M	100x	as long as short
Bluefin BTC-PERP	+0.0100%	1h	86,769.5	+0.040%	$141K	$619K	40x	as long as short
Derive BTC-PERP	+0.0100%	1h	86,750.2	+0.017%	$30.0M	$61.8M	15x	as long as short
SunX BTC-USDT	+0.0100%	8h	86,735.3	0.000%	$3.4M	$5.5M	100x	as long as short
SoDEX BTC-USD	+0.0100%	1h	86,732	−0.004%	$60.6M	$336.4M	40x	as long as short
HTX BTC-USDT	+0.0100%	8h	86,729.4	−0.007%	$2.30B	$958.6M	200x	as long as short
Extended BTC-USD	+0.0104%	1h	86,732	−0.004%	$46.3M	$228.1M	50x	as long as short
Jupiter Perps WBTC-PERP	L +0.0104% / S +0.0048%	1h	86,768.2	+0.038%	—	$98.9M	500x	as long as short
Kraken Futures PF_XBTUSD	+0.0116%	1h	86,754.5	+0.022%	$188.5M	$933.0M	100x	as long as short
Coinbase International BTC-PERP-INTX	+0.0120%	1h	86,779.2	+0.051%	$132.1M	$5.86B	50x	as long as short
Kalshi KXBTCPERP	+0.0139%	8h	86,815	+0.092%	$9.6M	$726.5M	6.4x	as long as short
BloFin BTC-USDT	+0.0177%	8h	86,733.1	−0.002%	$417.1M	$654.9M	150x	as long as short
GMX BTC/USD [WBTC.b-USDC]	L +0.0180% / S −0.0209%	1h	86,756.7	+0.025%	$15.0M	—	200x	as long as short
Hibachi BTC/USDT-P	+0.0216%	1h	86,782.6	+0.055%	$618K	$7.1M	30x	as long as short