Funding you earn now, next payment 23:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.009%
Price spread now: Extended against Aster+0.017%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$130.131% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 7 days−0.025%−$2 · spread now +0.017%, 7d avg −0.037%
=Together, before fees+0.057%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.054% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTCUSDT | 86,337.5 | −0.0011 | get 0.0011% / 8h | 1h 31m | $503.9M | $1.15B | 200x |
| Short | Extended BTC-USD | 86,352.2 | 0.0104 | get 0.0013% / 1h | 31m 01s | $46.4M | $225.9M | 50x |
Aster BTCUSDT
Extended BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $24.15
- Price spread: +0.017% → −0.037%
- $5.4
- Slippage, 4 orders
- −$0.13
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $16.42
- Costs to cover
- 0.131%
- Break-even
- 2.2 days
Slippage from Aster: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago | 0.01 bp | 4.0 bp −$4 | 4.0 bp −$40 | 4.8 bp −$480 | 7.2 bp −$3,609 |
| Sell Extended live order book, 3 min ago | 0.06 bp | 2.6 bp −$3 | 2.6 bp −$26 | 2.6 bp −$260 | 7.0 bp −$3,502 |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0500% | 1h | 86,397.1 | +0.069% | $140K | $618K | 40x | as long as short |
| Phoenix BTC | −0.0159% | 1h | 86,459 | +0.141% | $2.2M | $11.8M | 40x | as long as short |
| Aftermath Perps BTCUSD | −0.0092% | 1h | 86,549.1 | +0.245% | $83K | $216K | 20x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,440 | +0.119% | $9K | $3K | 50x | as long as short |
| Aster BTCUSDTlong | −0.0011% | 8h | 86,337.5 | long leg | $503.9M | $1.15B | 200x | |
| 01 Exchange BTCUSD | −0.0008% | 1h | 86,456.2 | +0.137% | $358K | $2.4M | 50x | as long as short |
| dYdX BTC-USD | −0.0002% | 1h | 86,483.7 | +0.169% | $17.1M | $20.7M | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0001% | 8h | 86,335.2 | −0.003% | $850.7M | $709.2M | 125x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,456.1 | +0.137% | $421K | $23.8M | 6.7x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,400.7 | +0.073% | $921.9M | $1.48B | 50x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Aftermath Perps BTCUSD
Hotstuff BTC-PERP
01 Exchange BTCUSD
dYdX BTC-USD
KuCoin XBTUSDTM
Perpl BTC
Deribit BTC-PERPETUALShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,460.7 | +0.143% | $36.8M | — | 200x | as long as short |
| RISEx BTC/USDC | +0.0006% | 1h | 86,447.8 | +0.128% | $8.5M | $43.2M | 25x | as long as short |
| Reya BTCRUSDPERP | +0.0022% | 1h | 86,424.2 | +0.100% | $6.7M | $144.9M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0024% | 1h | 86,559 | +0.257% | $315K | $26.8M | 52x | as long as short |
| Phemex BTCUSDT | +0.0032% | 8h | 86,360 | +0.026% | $149.3M | $476.0M | 150x | as long as short |
| BingX BTC-USDC | +0.0034% | 8h | 86,332.3 | −0.006% | — | $15.3M | — | as long as short |
| Bitget BTCUSDT | +0.0043% | 8h | 86,349.9 | +0.014% | $2.95B | $5.09B | 150x | as long as short |
| Hibachi BTC/USDT-P | +0.0056% | 1h | 86,482.2 | +0.168% | $724K | $8.2M | 30x | as long as short |
| Binance BTCUSDT | +0.0060% | 8h | 86,344 | +0.008% | $9.40B | $24.35B | 150x | as long as short |
| MEXC BTC_USDT | +0.0060% | 8h | 86,344.9 | +0.009% | $5.11B | $5.67B | 500x | as long as short |
| Aevo BTC-PERP | +0.0064% | 1h | 86,359.9 | +0.026% | $2.4M | $1.3M | 20x | as long as short |
| Gate BTC_USDT | +0.0074% | 8h | 86,345.3 | +0.009% | $5.84B | $10.67B | 200x | as long as short |
| SoDEX BTC-USD | +0.0089% | 1h | 86,370 | +0.038% | $60.4M | $337.2M | 40x | as long as short |
| Bybit BTCUSDT | +0.0089% | 8h | 86,342.3 | +0.006% | $5.25B | $9.73B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,366.9 | +0.034% | $171.3M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,369.7 | +0.037% | $24.0M | $152.0M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,443 | +0.122% | $8.5M | $52.2M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,429 | +0.106% | $200K | $6.9M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,486.1 | +0.172% | $4.8M | $8.4M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,450.1 | +0.130% | $21.9M | $233.7M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,423 | +0.099% | $3.80B | $5.10B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,477.2 | +0.162% | $41.0M | $505.2M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,348.9 | +0.013% | $2.53B | $12.69B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,446 | +0.126% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,517.7 | +0.209% | $7.4M | $93.8M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,703.1 | +0.423% | $573.0M | $18.8M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,337 | −0.001% | $38.2M | $153.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,541.3 | +0.236% | $156.5M | $566.0M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,500.3 | +0.189% | $279.4M | $945.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,543.9 | +0.239% | $217.3M | $174.1M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,518.6 | +0.210% | $141.4M | $323.0M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,455.4 | +0.137% | $30.7M | $203.5M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,490.4 | +0.177% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,444 | +0.123% | $11.0M | $13.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,439.5 | +0.118% | $191K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,380.6 | +0.050% | $2.4M | $8.6M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,375.3 | +0.044% | $30.0M | $61.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,422.7 | +0.099% | $3.4M | $5.4M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,330.8 | −0.008% | $2.29B | $967.5M | 200x | as long as short |
| Extended BTC-USDshort | +0.0104% | 1h | 86,352.2 | +0.017% | $46.4M | $225.9M | 50x | |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,468.4 | +0.152% | — | $98.5M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 86,407.9 | +0.082% | $131.4M | $5.69B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,394.1 | +0.066% | $190.3M | $939.6M | 100x | as long as short |
| BloFin BTC-USDT | +0.0180% | 8h | 86,337.5 | 0.000% | $413.9M | $651.2M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0183% / S −0.0217% | 1h | 86,451.9 | +0.132% | $15.4M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0195% | 8h | 86,435 | +0.113% | $9.6M | $730.2M | 6.4x | as long as short |
gTrade (Gains Network) BTC/USD
RISEx BTC/USDC
Reya BTCRUSDPERP
Injective BTC/USDC PERP
Phemex BTCUSDT
BingX BTC-USDC
Bitget BTCUSDT
Hibachi BTC/USDT-P
Binance BTCUSDT
MEXC BTC_USDT
Aevo BTC-PERP
Gate BTC_USDT
SoDEX BTC-USD
Bybit BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP