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

BULLA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0816%/8h= −89.4% APRnext payment $4.08 per $10,000 · paid last 24h −0.228%
Price spread now: Aster against MEXC−0.134%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1241.242% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.068%+$7 on $10k
Price spread, last 7 days+0.227%+$23 · spread now −0.134%, 7d avg −0.067%
Together, before fees+0.295%+ Points / potential airdropAster: Stage 5 · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Aster is 0.066% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.067%). Swap the legs. Mind the row above: over the last 6 days funding on this pair paid +0.068%, 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 6 days it paid 0.068% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.08 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
LongMEXC BULLA_USDT0.10560.0916pay 0.0458% / 4h1h 49m$7.6M$400K20x
ShortAster BULLAUSDT0.10550.0100get 0.0050% / 4h1h 49m$5.9M$1.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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
−$171.36
Price spread: −0.134% → −0.067%
−$6.62
Slippage, 4 orders
−$112.22
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$302.21
Costs to cover
1.242%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Aster: live order book, 4 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 MEXC live order book, 3 min ago1.90 bp16.4 bp −$1653.8 bp −$538388.5 bp −$38.9Kdoesn't fit
Sell Aster live order book, 4 min ago7.70 bp42.1 bp −$42doesn't fitdoesn'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 BULLAUSDTshort+0.0100%4h0.1055−0.134%$5.9M$1.1M5x
BingX BULLA-USDT+0.0907%4h0.1056−0.019%$6.6Mas long as short
MEXC BULLA_USDTlong+0.0916%4h0.1056long leg$7.6M$400K20x
Binance BULLAUSDT+0.0917%4h0.1057+0.025%$11.7M$9.9M10xas long as short
Gate BULLA_USDT+0.1730%4h0.1057+0.108%$1.3M$384K10xas long as short