Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.053%
Price spread now: BloFin against Aster−0.035%52s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1441.436% of the position
Funding, last 7 days+0.302%+$30 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now −0.035%, 7d avg −0.001%
=Together, before fees+0.203%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.034% cheaper against Aster than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.001%). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$4 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster COINUSDT | 197.10 | 0 | get 0.0000% / 8h | 3h 44m | $344K | $890K | 20x |
| Short | BloFin COIN-USDT | 197.03 | 0.0120 | get 0.0120% / 8h | 3h 44m | $188K | $393K | 20x |
Aster COINUSDT
BloFin COIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: −0.035% → −0.001%
- −$3.38
- Slippage, 4 orders
- −$123.57
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$121.75
- Costs to cover
- 1.436%
- Break-even
- 40.8 days
Slippage from Aster: live order book, 8 min ago; BloFin: live order book, 51 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, 8 min ago | 52.17 bp | 65.1 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 51 min ago | 0.76 bp | 9.7 bp −$10 | 14.9 bp −$149 | 35.3 bp −$3,531 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0678% | 8h | 197.09 | −0.005% | $6.2M | $10.4M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.08 | −0.010% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0221% | 8h | 196.98 | −0.060% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0111% | 1h | 196.38 | −0.365% | — | $266K | 25x | as long as short |
| Aster COINUSDTlong | 0.0000% | 8h | 197.10 | long leg | $344K | $890K | 20x | |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.89 | −0.108% | $117K | $689K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.96 | −0.068% | $14.7M | $79.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.99 | −0.055% | $4.8M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.94 | −0.081% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.02 | −0.040% | $685K | $939K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.03 | −0.037% | $14K | $2.3M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 196.97 | −0.065% | $1.3M | $3.2M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.85 | −0.126% | $451K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.16 | +0.031% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.89 | −0.106% | $15.4M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.89 | −0.106% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.97 | −0.065% | $78 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.89 | −0.106% | $353K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.97 | −0.065% | $993K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.94 | −0.081% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.97 | −0.065% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.98 | −0.059% | $116 | — | 10x | as long as short |
| BloFin COIN-USDTshort | +0.0120% | 8h | 197.03 | −0.035% | $188K | $393K | 20x | |
| Phoenix COIN | +0.0122% | 1h | 196.93 | −0.086% | $4K | $283K | 10x | as long as short |
| Lighter COIN | +0.0168% | 1h | 196.90 | −0.101% | $340K | $2.0M | 10x | as long as short |
| edgeX COINUSDC | +0.0773% | 4h | 197.07 | −0.012% | $51K | $296K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
Lighter COIN
edgeX COINUSDC