Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.4% APRnext payment +$0.38 per $10,000 · paid last 24h +0.123%
Price spread now: MEXC against Aster−0.100%7-day average −0.060% · 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−$81as in the Price arb table
costs, in and out, $10k−$770.768% of the position
Funding, last 5 days (all we have)+0.252%+$25 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now −0.100%, 7d avg −0.060%
=Together, before fees+0.124%+ Points / potential airdropAster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.040% cheaper against Aster than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.060%). If the spread goes back, that is −$4 on $10k: about 41 hours of funding at the current rate (+$2 a day). At the pace of the last 5 days (+0.252% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SUSDT | 0.03909 | 0.0024 | pay 0.0012% / 4h | 2h 06m | $43K | $212K | 10x |
| Short | MEXC S_USDT | 0.03905 | 0.0100 | get 0.0050% / 4h | 2h 06m | $3.4M | $2.6M | 200x |
Aster SUSDT
MEXC S_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
- $16.05
- Price spread: −0.100% → −0.060%
- −$3.96
- Slippage, 4 orders
- −$64.75
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$64.66
- Costs to cover
- 0.768%
- Break-even
- 35.2 days
Slippage from Aster: live order book, 15 min ago; MEXC: live order book, 1 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, 15 min ago | 10.19 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.28 bp | 3.5 bp −$4 | 29.3 bp −$293 | 249.3 bp −$24.9K | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | −0.1461% | 1h | 0.03907 | −0.049% | $33K | $30K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1264% | 1h | 0.03826 | −2.121% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0889% | 4h | 0.03922 | +0.334% | $610K | $34K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0192% / S +0.0185% | 1h | 0.03910 | +0.023% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03904 | −0.136% | $4 | — | 15x | as long as short |
| Orderly PERP_S_USDC | −0.0001% | 4h | 0.03907 | −0.048% | $99K | $346K | 10x | as long as short |
| Deribit S_USDC-PERPETUAL | 0.0000% | 1h | 0.03911 | +0.054% | $66K | $10K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03911 | +0.042% | $603 | — | 150x | as long as short |
| Aster SUSDTlong | +0.0024% | 4h | 0.03909 | long leg | $43K | $212K | 10x | |
| 01 Exchange SUSD | +0.0032% | 1h | 0.03900 | −0.228% | $24K | $3K | 5x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
Orderly PERP_S_USDC
Deribit S_USDC-PERPETUAL
gTrade (Gains Network) S/USD
01 Exchange SUSDShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.889% | $2K | $37K | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03910 | +0.028% | $164K | $240K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03905 | −0.097% | $987K | $870K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03905 | −0.100% | $5.3M | $23.2M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03901 | −0.202% | $5.6M | $6.3M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03903 | −0.151% | $973K | $7.2M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03905 | −0.100% | $319K | $293K | 50x | as long as short |
| MEXC S_USDTshort | +0.0100% | 4h | 0.03905 | −0.100% | $3.4M | $2.6M | 200x | |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03904 | −0.125% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03913 | +0.105% | $1.2M | $2.9M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03908 | −0.023% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03930 | +0.540% | $25K | $470K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03903 | −0.144% | $219K | $883K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03911 | +0.054% | $268K | $146K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0523% | 1h | 0.03920 | +0.284% | $114K | $298K | 5x | as long as short |
Injective S/USDC PERP
Lighter S
Hyperliquid S
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP