Funding you earn now, next payment 04:00 UTC−0.1066%/8h= −116.7% APRnext payment −$5.33 per $10,000 · paid last 24h +0.028%
Price spread now: Aster against Gate−0.544%7-day average −0.198% · 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−$490as in the Price arb table
costs, in and out, $10k−$4564.556% of the position
Funding, last 5 days (all we have)+0.129%+$13 on $10k
+Price spread, last 7 days+0.565%+$56 · spread now −0.544%, 7d avg −0.198%
=Together, before fees+0.694%+ Points / potential airdropAster: Stage 5 · farm board+$69 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and Aster is 0.345% cheaper against Gate than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of −0.198%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.129%, 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 0.129% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.33 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 | Gate BULLA_USDT | 0.1091 | 0.1656 | pay 0.0828% / 4h | 3h 06m | $1.4M | $315K | 10x |
| Short | Aster BULLAUSDT | 0.1085 | 0.0590 | get 0.0295% / 4h | 3h 06m | $6.1M | $1.1M | 5x |
Gate BULLA_USDT
Aster BULLAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- −$223.83
- Price spread: −0.544% → −0.198%
- −$34.55
- Slippage, 4 orders
- −$432.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$714.01
- Costs to cover
- 4.556%
- Break-even
- never at this rate
Slippage from Gate: live order book, 6 min ago; Aster: live order book, 2 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 Gate live order book, 6 min ago | 2.16 bp | 214.3 bp −$214 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 10.32 bp | 52.2 bp −$52 | 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 | +0.0590% | 4h | 0.1085 | −0.544% | $6.1M | $1.1M | 5x | |
| Gate BULLA_USDTlong | +0.1656% | 4h | 0.1091 | long leg | $1.4M | $315K | 10x | |
| BingX BULLA-USDT | +0.1842% | 4h | 0.1084 | −0.581% | — | $6.6M | — | as long as short |
| MEXC BULLA_USDT | +0.1908% | 4h | 0.1085 | −0.471% | $7.9M | $423K | 20x | as long as short |
| Binance BULLAUSDT | +0.1916% | 4h | 0.1085 | −0.508% | $12.0M | $9.6M | 10x | as long as short |
BingX BULLA-USDT
MEXC BULLA_USDT
Binance BULLAUSDT