Settings8H · net · $10k
Funding arb · Price arb /

BULLA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1204%/8h= +131.8% APRnext payment +$6.02 per $10,000 · paid last 24h +0.158%
Price spread now: BingX against Aster+0.295%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1771.767% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.196%−$20 on $10k
Price spread, last 7 days−0.484%−$48 · spread now +0.295%, 7d avg +0.079%
Together, before fees−0.681%+ Points / potential airdropAster: Stage 5 · farm board−$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and BingX is 0.216% dearer against Aster than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.079%. Mind the row above: over the last 5 days funding on this pair cost −0.196%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.196% in total (about -13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BULLAUSDT0.10550.0100pay 0.0050% / 4h23m 04s$5.9M$1.1M5x
ShortBingX BULLA-USDT0.10580.1304get 0.0652% / 4h23m 04s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$252.84
Price spread: +0.295% → +0.079%
$21.63
Slippage, 4 orders
−$158.65
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$97.81
Costs to cover
1.767%
Break-even
4.3 days
Slippage from Aster: live order book, 6 min ago; BingX: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 6 min ago4.07 bp38.7 bp −$39511.1 bp −$5,111doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago1.41 bp38.2 bp −$38184.2 bp −$1,842doesn't fitdoesn't fit

BULLA on 5 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BULLAUSDTlong+0.0100%4h0.1055long leg$5.9M$1.1M5x
BingX BULLA-USDTshort+0.1304%4h0.1058+0.295%$6.5M
MEXC BULLA_USDT+0.1326%4h0.1058+0.295%$7.7M$401K20xas long as short
Binance BULLAUSDT+0.1326%4h0.1058+0.285%$11.7M$9.7M10xas long as short
Gate BULLA_USDT+0.1512%4h0.1059+0.416%$1.3M$337K10xas long as short