Funding you earn now, next payment 04:00 UTC−0.0363%/8h= −39.8% APRnext payment −$1.82 per $10,000 · paid last 24h −0.038%
Price spread now: Aster against MEXC−0.209%7-day average −0.010% · 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−$281as in the Price arb table
costs, in and out, $10k−$2622.616% of the position
Funding, last 5 days (all we have)−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.502%+$50 · spread now −0.209%, 7d avg −0.010%
=Together, before fees+0.460%+ Points / potential airdropAster: Stage 5 · farm board+$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aster is 0.199% cheaper against MEXC than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.042% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.82 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 M_USDT | 1.4306 | 0.1456 | pay 0.0728% / 4h | 1h 59m | $239K | $109K | 50x |
| Short | Aster MUSDT | 1.4276 | 0.1093 | get 0.0546% / 4h | 1h 59m | $16K | $93K | 5x |
MEXC M_USDT
Aster MUSDTFunding 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
- −$76.31
- Price spread: −0.209% → −0.010%
- −$19.9
- Slippage, 4 orders
- −$249.59
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$357.8
- Costs to cover
- 2.616%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 50 min ago; Aster: live order book, 66 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, 50 min ago | 4.51 bp | 31.4 bp −$31 | 48.0 bp −$480 | 124.9 bp −$12.5K | doesn't fit |
| Sell Aster live order book, 66 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 | 1.4300 | −0.042% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4287 | −0.133% | $1.9M | $907K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4311 | +0.035% | $1.9M | $239K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4276 | −0.210% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4317 | +0.077% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4328 | +0.154% | $2K | $715K | 20x | as long as short |
| Aster MUSDTshort | +0.1093% | 4h | 1.4276 | −0.209% | $16K | $93K | 5x | |
| BingX M-USDT | +0.1408% | 4h | 1.4306 | 0.000% | — | $2.4M | — | as long as short |
| Binance MUSDT | +0.1435% | 4h | 1.4309 | +0.022% | $5.6M | $3.7M | 10x | as long as short |
| MEXC M_USDTlong | +0.1456% | 4h | 1.4306 | long leg | $239K | $109K | 50x |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
BingX M-USDT
Binance MUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MUSDTM | +0.3098% | 4h | 1.4191 | −0.805% | $1.4M | $4.0M | 10x | as long as short |
KuCoin MUSDTM