Funding you earn now, next payment 04:00 UTC−0.0200%/8h= −21.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.074%
Price spread now: MEXC against Aster+0.181%7-day average +0.144% · 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−$149as in the Price arb table
costs, in and out, $10k−$1521.523% of the position
Funding, last 5 days (all we have)−0.634%−$63 on $10k
+Price spread, last 4 days (all we have)+0.065%+$6 · spread now +0.181%, 7d avg +0.144%
=Together, before fees−0.569%+ Points / potential airdropAster: Stage 5 · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.037% dearer against Aster than usual: you sell high and buy low (spread +0.181% now, against its 7-day average of +0.144%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ONUSDT | 0.1360 | 0.0300 | pay 0.0150% / 4h | 2h 43m | $444K | $30K | 5x |
| Short | MEXC ON_USDT | 0.1362 | 0.0100 | get 0.0050% / 4h | 2h 43m | $1.0M | $402K | 50x |
Aster ONUSDT
MEXC ON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$42.04
- Price spread: +0.181% → +0.144%
- $3.72
- Slippage, 4 orders
- −$136.27
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$190.59
- Costs to cover
- 1.523%
- Break-even
- never at this rate
Slippage from Aster: live order book, 24 min ago; MEXC: live order book, 8 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, 24 min ago | 18.47 bp | 66.1 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 8 min ago | 3.68 bp | 33.1 bp −$33 | 123.8 bp −$1,238 | 359.6 bp −$36.0K | 739.0 bp −$369.5K |
ON on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ONUSDT | +0.0100% | 4h | 0.1366 | +0.476% | $5.9M | $3.9M | 50x | as long as short |
| Gate ON_USDT | +0.0100% | 4h | 0.1362 | +0.152% | $304K | $33K | 5x | as long as short |
| MEXC ON_USDTshort | +0.0100% | 4h | 0.1362 | +0.181% | $1.0M | $402K | 50x | |
| KuCoin ONUSDTM | +0.0100% | 4h | 0.1361 | +0.093% | $751K | $53K | 50x | as long as short |
| BingX ON-USDT | +0.0100% | 4h | 0.1364 | +0.328% | — | $6.6M | — | as long as short |
| Variational Omni ON | +0.0100% | 4h | 0.1362 | +0.203% | $25K | $7K | — | as long as short |
| edgeX ONUSDC | +0.0120% | 4h | 0.1362 | +0.192% | $8K | $134K | 10x | as long as short |
| Aster ONUSDTlong | +0.0300% | 4h | 0.1360 | long leg | $444K | $30K | 5x |
Binance ONUSDT
Gate ON_USDT
KuCoin ONUSDTM
BingX ON-USDT
Variational Omni ON
edgeX ONUSDC