Funding you earn now, next payment 08:00 UTC−0.0185%/8h= −20.2% APRnext payment −$1.85 per $10,000 · paid last 24h −0.020%
Price spread now: OKX against Aster−0.072%7-day average −0.099% · 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−$104as in the Price arb table
costs, in and out, $10k−$1071.072% of the position
Funding, last 5 days (all we have)−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.072%, 7d avg −0.099%
=Together, before fees−0.066%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.027% dearer against Aster than usual: you sell high and buy low (spread −0.072% now, against its 7-day average of −0.099%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 5 days (−0.033% in total) that is about 4.5 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.033% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.85 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 ARUSDT | 4.5333 | 0.0100 | pay 0.0100% / 8h | 5h 32m | $19K | $500K | 10x |
| Short | OKX AR-USDT-SWAP | 4.5300 | −0.0085 | pay 0.0085% / 8h | 5h 32m | $2.3M | $18.9M | 20x |
Aster ARUSDT
OKX AR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$38.8
- Price spread: −0.072% → −0.099%
- $2.73
- Slippage, 4 orders
- −$89.17
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$143.25
- Costs to cover
- 1.072%
- Break-even
- never at this rate
Slippage from Aster: live order book, 30 min ago; OKX: 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, 30 min ago | 16.45 bp | 31.8 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.11 bp | 21.7 bp −$22 | 94.9 bp −$949 | doesn't fit | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX AR/USD [WBTC.b-USDC] | L −0.0141% / S +0.0551% | 1h | 4.5273 | −0.132% | $582K | — | 50x | as long as short |
| OKX AR-USDT-SWAPshort | −0.0085% | 8h | 4.5300 | −0.072% | $2.3M | $18.9M | 20x | |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5290 | −0.094% | $548 | $3K | 5.5x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.5383 | +0.111% | $4.1M | $4.5M | 5x | as long as short |
| Aster ARUSDTlong | +0.0100% | 8h | 4.5333 | long leg | $19K | $500K | 10x | |
| Binance ARUSDT | +0.0100% | 8h | 4.5320 | −0.028% | $9.0M | $51.5M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.5311 | −0.048% | $4.7M | $8.4M | 75x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.5300 | −0.072% | $2.5M | $2.0M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.5320 | −0.028% | $6.5M | $4.3M | 100x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.5320 | −0.028% | $1.2M | $1.2M | 50x | as long as short |
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Hyperliquid AR
Binance ARUSDT
Bybit ARUSDT
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARUSDT | +0.0100% | 8h | 4.5270 | −0.138% | $3.9M | $5.3M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.5310 | −0.050% | — | $2.8M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.5276 | −0.125% | $235K | $256K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.5240 | −0.204% | $20K | $725K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.5300 | −0.071% | $37K | $239K | 10x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.5350 | +0.038% | $434K | $497K | 20x | as long as short |
| Kraken Futures PF_ARUSD | +0.1927% | 1h | 4.5367 | +0.075% | $56K | $149K | 20x | as long as short |
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT
Kraken Futures PF_ARUSD