Funding you earn now, next payment 04:00 UTC+0.1015%/8h= +111.1% APRnext payment +$5.07 per $10,000 · paid last 24h +0.131%
Price spread now: Aster against Bitget−0.218%7-day average +0.035% · 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−$312as in the Price arb table
costs, in and out, $10k−$2872.867% of the position
Funding, last 5 days (all we have)+0.220%+$22 on $10k
+Price spread, last 4 days (all we have)+0.594%+$59 · spread now −0.218%, 7d avg +0.035%
=Together, before fees+0.814%+ Points / potential airdropAster: Stage 5 · farm board+$81 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.252% cheaper against Bitget than usual: you would sell low and buy high (spread −0.218% now, against its 7-day average of +0.035%). If the spread goes back, that is −$25 on $10k: about 20 hours of funding at the current rate (+$30 a day). At the pace of the last 5 days (+0.220% in total) that is about 6.1 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.220% in total (about 15.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.07 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 | Bitget MUSDT | 1.4419 | 0.0312 | pay 0.0156% / 4h | 3h 14m | $1.9M | $262K | 10x |
| Short | Aster MUSDT | 1.4388 | 0.1327 | get 0.0663% / 4h | 3h 14m | $15K | $116K | 5x |
Bitget MUSDT
Aster MUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- $213.11
- Price spread: −0.218% → +0.035%
- −$25.23
- Slippage, 4 orders
- −$266.72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$98.84
- Costs to cover
- 2.867%
- Break-even
- 10.2 days
Slippage from Bitget: live order book, 2 min ago; Aster: live order book, 56 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 Bitget live order book, 2 min ago | 14.22 bp | 52.7 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 56 min ago | 15.24 bp | 106.6 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4413 | −0.042% | $4.5M | $2.1M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4382 | −0.257% | $1.9M | $887K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4419 | −0.002% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4431 | +0.083% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4438 | +0.132% | $2K | $651K | 20x | as long as short |
| Bitget MUSDTlong | +0.0312% | 4h | 1.4419 | long leg | $1.9M | $262K | 10x | |
| Aster MUSDTshort | +0.1327% | 4h | 1.4388 | −0.218% | $15K | $116K | 5x | |
| BingX M-USDT | +0.1660% | 4h | 1.4419 | 0.000% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.1726% | 4h | 1.4417 | −0.014% | $242K | $113K | 50x | as long as short |
| Binance MUSDT | +0.1734% | 4h | 1.4419 | +0.001% | $5.5M | $4.2M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
BingX M-USDT
MEXC M_USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1768% | 4h | 1.4435 | +0.111% | $354K | $430K | 10x | as long as short |
| KuCoin MUSDTM | +0.3500% | 4h | 1.4283 | −0.943% | $1.4M | $4.1M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM