Funding you earn now, next payment 04:00 UTC−0.1993%/8h= −218.2% APRnext payment −$9.96 per $10,000 · paid last 24h −0.411%
Price spread now: Aster against KuCoin+0.623%7-day average +0.792% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$452as in the Price arb table
costs, in and out, $10k−$4354.351% of the position
Funding, last 5 days (all we have)−2.769%−$277 on $10k
+Price spread, last 4 days (all we have)+0.259%+$26 · spread now +0.623%, 7d avg +0.792%
=Together, before fees−2.511%+ Points / potential airdropAster: Stage 5 · farm board−$251 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$60 a day on $10k at the current rate, and Aster is 0.170% cheaper against KuCoin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.792%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUSDTM | 1.4211 | 0.3048 | pay 0.1524% / 4h | 1h 55m | $1.4M | $4.0M | 10x |
| Short | Aster MUSDT | 1.4299 | 0.1055 | get 0.0528% / 4h | 1h 55m | $16K | $93K | 5x |
KuCoin MUSDTM
Aster MUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$418.48
- Price spread: +0.623% → +0.792%
- −$16.96
- Slippage, 4 orders
- −$415.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$870.5
- Costs to cover
- 4.351%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Aster: live order book, 70 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 KuCoin live order book, 7 min ago | 6.32 bp | 129.0 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 70 min ago | 14.90 bp | 116.2 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
M on 11 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 | 1.4301 | +0.635% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4298 | +0.614% | $1.9M | $878K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4311 | +0.705% | $1.8M | $242K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4323 | +0.791% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4337 | +0.888% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4349 | +0.972% | $2K | $715K | 20x | as long as short |
| Aster MUSDTshort | +0.1055% | 4h | 1.4299 | +0.623% | $16K | $93K | 5x | |
| BingX M-USDT | +0.1346% | 4h | 1.4292 | +0.571% | — | $2.4M | — | as long as short |
| Binance MUSDT | +0.1386% | 4h | 1.4292 | +0.571% | $5.5M | $3.7M | 10x | as long as short |
| MEXC M_USDT | +0.1404% | 4h | 1.4316 | +0.740% | $241K | $104K | 50x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
BingX M-USDT
Binance MUSDT
MEXC M_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MUSDTMlong | +0.3048% | 4h | 1.4211 | long leg | $1.4M | $4.0M | 10x |