Funding you earn now, next payment 04:00 UTC−0.1367%/8h= −149.7% APRnext payment −$6.84 per $10,000 · paid last 24h −0.167%
Price spread now: Aster against Binance−0.228%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$1941.937% of the position
Funding, last 5 days (all we have)+0.123%+$12 on $10k
+Price spread, last 7 days+0.332%+$33 · spread now −0.228%, 7d avg −0.053%
=Together, before fees+0.455%+ Points / potential airdropAster: Stage 5 · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Aster is 0.175% cheaper against Binance than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.053%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.123%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.123% in total (about 8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.84 per $10,000. 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 | Binance BULLAUSDT | 0.1069 | 0.1470 | pay 0.0735% / 4h | 2h 01m | $11.9M | $9.8M | 10x |
| Short | Aster BULLAUSDT | 0.1066 | 0.0102 | get 0.0051% / 4h | 2h 01m | $6.0M | $1.1M | 5x |
Binance BULLAUSDT
Aster BULLAUSDTFunding 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
- −$287.17
- Price spread: −0.228% → −0.053%
- −$17.54
- Slippage, 4 orders
- −$175.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$498.45
- Costs to cover
- 1.937%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Aster: live order book, 3 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, 9 min ago | 1.40 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 3.56 bp | 89.9 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
BULLA on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BULLAUSDTshort | +0.0102% | 4h | 0.1066 | −0.228% | $6.0M | $1.1M | 5x | |
| BingX BULLA-USDT | +0.1420% | 4h | 0.1069 | +0.084% | — | $6.6M | — | as long as short |
| MEXC BULLA_USDT | +0.1468% | 4h | 0.1069 | +0.047% | $7.7M | $424K | 20x | as long as short |
| Binance BULLAUSDTlong | +0.1470% | 4h | 0.1069 | long leg | $11.9M | $9.8M | 10x | |
| Gate BULLA_USDT | +0.1624% | 4h | 0.1073 | +0.376% | $1.3M | $315K | 10x | as long as short |
BingX BULLA-USDT
MEXC BULLA_USDT
Gate BULLA_USDT