S

Alert

Funding spread now, next payment 16:00 UTC+0.0927%/8h

next payment, per $10,000+$4.63paid, last 24h+0.185%paid, last 3 days+0.250%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.250% in total (about 30.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.63 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	Variational Omni S	0.03918	−0.1032	get 0.0516% / 4h	15m 48s	$610K	$121K	—
Short	Aster SUSDT	0.03929	−0.0106	pay 0.0053% / 4h	15m 48s	$47K	$263K	10x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee AsterbpOrdersRate

Funding earned: $194.63
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $186.63
Break-even: 0.3 days

Slippage unknown: Variational Omni: RFQ quote, 35 min ago; Aster: live order book, 33 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.286%
Avg gap 7d: +0.218%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Variational Omni RFQ quote, 35 min ago	5.01 bp	doesn't fit	117.7 bp −$1,177	doesn't fit	doesn't fit
Sell Aster live order book, 33 min ago	15.02 bp	32.2 bp −$32	doesn't fit	doesn't fit	doesn't fit

S on 25 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
01 Exchange SUSD	−1.1192%	1h	$23K	$3K	5x	as long as short
Kraken Futures PF_SUSD	−0.2439%	1h	$33K	$48K	10x	as long as short
Coinbase International S-PERP-INTX	−0.2432%	1h	$47K	$11K	25x	as long as short
Deribit S_USDC-PERPETUAL	−0.1276%	1h	$66K	$11K	10x	as long as short
Variational Omni Slong	−0.1032%	4h	$610K	$121K	—
GMX S/USD [WBTC.b-USDC]	L −0.0377% / S +0.0348%	1h	$1K	—	100x	as long as short
Orderly PERP_S_USDC	−0.0199%	4h	$104K	$332K	10x	as long as short
Aster SUSDTshort	−0.0106%	4h	$47K	$263K	10x
Reya SRUSDPERP	−0.0101%	1h	$4	—	15x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	$606	—	150x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective S/USDC PERP	+0.0033%	1h	$2K	$161K	12x	as long as short
Lighter S	+0.0096%	1h	$165K	$341K	5x	as long as short
Hyperliquid S	+0.0100%	1h	$1.1M	$1.5M	5x	as long as short
Binance SUSDT	+0.0100%	4h	$5.3M	$40.6M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	$5.7M	$9.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	$1.0M	$12.6M	20x	as long as short
Gate S_USDT	+0.0100%	4h	$328K	$409K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	$3.5M	$3.5M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	$1.8M	$3.9M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	$1.2M	$4.7M	50x	as long as short
BingX S-USDT	+0.0100%	4h	—	$7.0M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	$24K	$503K	50x	as long as short
Extended S-USD	+0.0104%	1h	$221K	$944K	10x	as long as short
Backpack S_USDC_PERP	+0.0107%	1h	$114K	$218K	5x	as long as short
BloFin S-USDT	+0.0340%	4h	$290K	$267K	75x	as long as short