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 − costs—under 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BULLA_USDT | 0.1056 | 0.0916 | pay 0.0458% / 4h | 1h 49m | $7.6M | $400K | 20x |
| Short | Aster BULLAUSDT | 0.1055 | 0.0100 | get 0.0050% / 4h | 1h 49m | $5.9M | $1.1M | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 3 min ago | 1.90 bp | 16.4 bp −$16 | 53.8 bp −$538 | 388.5 bp −$38.9K | doesn't fit |
| Sell Aster live order book, 4 min ago | 7.70 bp | 42.1 bp −$42 | 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 | +0.0100% | 4h | 0.1055 | −0.134% | $5.9M | $1.1M | 5x | |
| BingX BULLA-USDT | +0.0907% | 4h | 0.1056 | −0.019% | — | $6.6M | — | as long as short |
| MEXC BULLA_USDTlong | +0.0916% | 4h | 0.1056 | long leg | $7.6M | $400K | 20x | |
| Binance BULLAUSDT | +0.0917% | 4h | 0.1057 | +0.025% | $11.7M | $9.9M | 10x | as long as short |
| Gate BULLA_USDT | +0.1730% | 4h | 0.1057 | +0.108% | $1.3M | $384K | 10x | as long as short |
MEXC BULLA_USDT
Aster BULLAUSDT
BingX BULLA-USDT
Binance BULLAUSDT
Gate BULLA_USDT