Funding you earn now, next payment 08:00 UTC−0.0342%/8h= −37.4% APRnext payment −$3.42 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against Aster+0.129%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1381.381% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.129%, 7d avg +0.031%
=Together, before fees+0.010%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.098% dearer against Aster than usual: you sell high and buy low (spread +0.129% now, against its 7-day average of +0.031%): +$10 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 23 hours. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.059% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.42 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 | Aster COINUSDT | 195.43 | 0 | get 0.0000% / 8h | 16m 42s | $341K | $890K | 20x |
| Short | Bitget COINUSDT | 195.68 | −0.0342 | pay 0.0342% / 8h | 16m 42s | $6.3M | $10.5M | 20x |
Aster COINUSDT
Bitget COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$71.82
- Price spread: +0.129% → +0.031%
- $9.84
- Slippage, 4 orders
- −$118.07
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$200.05
- Costs to cover
- 1.381%
- Break-even
- never at this rate
Slippage from Aster: live order book, 21 min ago; Bitget: live order book, 2 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, 21 min ago | 44.29 bp | 48.3 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.30 bp | 12.7 bp −$13 | 21.8 bp −$218 | 90.6 bp −$9,056 | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.61 | +0.093% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDTshort | −0.0342% | 8h | 195.68 | +0.129% | $6.3M | $10.5M | 20x | |
| Vest COIN-USD-PERP | −0.0042% | 1h | 195.03 | −0.203% | — | $326K | 25x | as long as short |
| Aster COINUSDTlong | 0.0000% | 8h | 195.43 | long leg | $341K | $890K | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 195.46 | +0.017% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.50 | +0.037% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.54 | +0.057% | $1.2M | $7.4M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.54 | +0.055% | $711K | $972K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.76 | +0.170% | $15K | $2.8M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0008% | 1h | 195.50 | +0.037% | $104K | $860K | 10x | as long as short |
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Extended COIN_24_5-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COINUSDT | +0.0013% | 8h | 195.54 | +0.057% | $15.0M | $82.1M | 20x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.46 | +0.017% | $464K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.76 | +0.170% | $17K | $58K | 5x | as long as short |
| BloFin COIN-USDT | +0.0046% | 8h | 195.56 | +0.068% | $187K | $434K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.43 | +0.001% | $15.1M | $13.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.45 | +0.011% | $135K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.51 | +0.042% | $83 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.32 | −0.055% | $457K | $2.8M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 195.52 | +0.047% | $1.3M | $2.9M | 10x | as long as short |
| Lighter COIN | +0.0088% | 1h | 195.49 | +0.030% | $364K | $2.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.44 | +0.006% | $984K | $141K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.52 | +0.047% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.53 | +0.052% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.53 | +0.050% | $115 | — | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.44 | +0.006% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0329% | 4h | 195.70 | +0.139% | $50K | $295K | 10x | as long as short |
Binance COINUSDT
Lighter RH COIN
Arcus COIN-USD
BloFin COIN-USDT
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC