Funding you earn now, next payment 12:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against Aster−0.115%7-day average −0.072% · 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−$70as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 6 days (all we have)−0.025%−$3 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.115%, 7d avg −0.072%
=Together, before fees−0.022%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.043% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ETHFIUSDT | 0.7031 | 0.0067 | pay 0.0034% / 4h | 3h 12m | $180K | $199K | 10x |
| Short | Binance ETHFIUSDT | 0.7023 | 0.0066 | get 0.0033% / 4h | 3h 12m | $24.6M | $35.0M | 75x |
Aster ETHFIUSDT
Binance ETHFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- −$0.17
- Price spread: −0.115% → −0.072%
- −$4.35
- Slippage, 4 orders
- −$47.61
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.12
- Costs to cover
- 0.656%
- Break-even
- never at this rate
Slippage from Aster: live order book, 19 min ago; Binance: live order book, 15 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 Aster live order book, 19 min ago | 2.88 bp | 22.5 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.72 bp | 14.1 bp −$14 | 27.2 bp −$272 | 125.5 bp −$12.6K | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0319% | 1h | 0.7028 | −0.038% | $41K | $11K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0308% | 4h | 0.7013 | −0.251% | $83K | $141K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0275% | 4h | 0.7025 | −0.081% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0209% | 4h | 0.6996 | −0.493% | $933K | $786K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0060% | 8h | 0.7013 | −0.256% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.978% | $321 | $51K | 5.5x | as long as short |
| Extended ETHFI-USD | +0.0064% | 1h | 0.7021 | −0.135% | $95K | $501K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0066% | 4h | 0.7023 | −0.109% | $15.9M | $4.3M | 125x | as long as short |
| Binance ETHFIUSDTshort | +0.0066% | 4h | 0.7023 | −0.115% | $24.6M | $35.0M | 75x | |
| Aster ETHFIUSDTlong | +0.0067% | 4h | 0.7031 | long leg | $180K | $199K | 10x |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Extended ETHFI-USD
MEXC ETHFI_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0085% | 4h | 0.7024 | −0.095% | $17.2M | $12.3M | 25x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7036 | +0.072% | $1.1M | $836K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7024 | −0.089% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7029 | −0.026% | $16.8M | $8.7M | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7024 | −0.095% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7027 | −0.052% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7023 | −0.109% | $1.2M | $208K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7022 | −0.123% | $6.1M | $4.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7023 | −0.109% | — | $10.6M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7026 | −0.073% | $53K | $148K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7033 | +0.033% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0265% | 4h | 0.7011 | −0.280% | $1.2M | $234K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0336% | 1h | 0.7040 | +0.133% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0858% | 1h | 0.7039 | +0.120% | $299K | $293K | 20x | as long as short |
Bybit ETHFIUSDT
Lighter ETHFI
Aevo ETHFI-PERP
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD