Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.84 per $10,000 · paid last 24h −0.001%
Price spread now: Gate against Aster+0.026%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$230.231% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days−0.025%−$2 · spread now +0.026%, 7d avg −0.003%
=Together, before fees−0.046%+ Points / potential airdropAster: Stage 5 · farm board−$5 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 Gate is 0.029% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTCUSDT | 85,549.8 | 0.0016 | pay 0.0016% / 8h | 4h 49m | $515.6M | $1.10B | 200x |
| Short | Gate BTC_USDT | 85,572.1 | 0.0100 | get 0.0100% / 8h | 4h 49m | $5.54B | $10.54B | 200x |
Aster BTCUSDT
Gate BTC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $17.65
- Price spread: +0.026% → −0.003%
- $2.89
- Slippage, 4 orders
- −$0.07
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2.53
- Costs to cover
- 0.231%
- Break-even
- 8.0 days
Slippage from Aster: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago | 0.01 bp | 4.0 bp −$4 | 4.4 bp −$44 | 5.6 bp −$563 | 7.4 bp −$3,687 |
| Sell Gate live order book, 4 min ago | 0.01 bp | 7.5 bp −$8 | 7.5 bp −$75 | 8.6 bp −$857 | 10.4 bp −$5,218 |
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 | −0.1630% | 1h | 85,626.9 | +0.090% | $194K | $725K | 40x | as long as short |
| Phoenix BTC | −0.0179% | 1h | 85,587 | +0.043% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,667 | +0.137% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0048% | 1h | 85,586.5 | +0.043% | $370K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0031% | 8h | 85,599.8 | +0.058% | $417.7M | $665.6M | 150x | as long as short |
| KuCoin XBTUSDTM | −0.0002% | 8h | 85,550.2 | 0.000% | $919.0M | $749.3M | 125x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,605.7 | +0.065% | $16.7M | $21.2M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,597.3 | +0.056% | $36.6M | — | 200x | as long as short |
| Aster BTCUSDTlong | +0.0016% | 8h | 85,549.8 | long leg | $515.6M | $1.10B | 200x | |
| Arcus BTC-USD | +0.0021% | 1h | 85,541.8 | −0.009% | $6.9M | $97.1M | 40x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
BloFin BTC-USDT
KuCoin XBTUSDTM
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Arcus BTC-USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado BTC-PERP | +0.0054% | 1h | 85,583.7 | +0.040% | $22.6M | $218.7M | 50x | as long as short |
| BingX BTC-USDT | +0.0058% | 8h | 85,570.4 | +0.024% | — | $1.54B | — | as long as short |
| Bitget BTCUSDT | +0.0075% | 8h | 85,555.7 | +0.007% | $2.96B | $5.01B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0077% | 1h | 85,583.9 | +0.040% | $6.7M | $146.6M | 40x | as long as short |
| Aevo BTC-PERP | +0.0088% | 1h | 85,605.2 | +0.065% | $2.5M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0089% | 8h | 85,561 | +0.013% | $5.04B | $5.58B | 500x | as long as short |
| Binance BTCUSDT | +0.0090% | 8h | 85,567.3 | +0.020% | $9.34B | $23.96B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,577 | +0.032% | $173.8M | $1.00B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,576.6 | +0.031% | $23.8M | $148.1M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,591 | +0.048% | $8.4M | $52.5M | 100x | as long as short |
| SoDEX BTC-USD | +0.0097% | 1h | 85,581 | +0.036% | $60.0M | $336.1M | 40x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,632.1 | +0.096% | $3.8M | $8.3M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,567 | +0.020% | $233K | $7.9M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,646 | +0.112% | $3.74B | $4.97B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,605 | +0.065% | $40.1M | $575.8M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,565.2 | +0.018% | $5.32B | $9.58B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,564.8 | +0.018% | $2.57B | $12.08B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,562 | +0.014% | $3.9M | $17.9M | 25x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,696.6 | +0.172% | $648.3M | $574.6M | 40x | as long as short |
| Gate BTC_USDTshort | +0.0100% | 8h | 85,572.1 | +0.026% | $5.54B | $10.54B | 200x | |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,561.4 | +0.014% | $35.8M | $175.8M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,584.4 | +0.040% | $156.6M | $560.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,637.5 | +0.103% | $279.7M | $917.8M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,650.2 | +0.117% | $214.9M | $165.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,649.2 | +0.116% | $140.0M | $314.9M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,613.8 | +0.075% | $30.3M | $207.5M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,649.3 | +0.116% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,584 | +0.040% | $11.0M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,590.8 | +0.048% | $194K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,575.4 | +0.030% | $2.4M | $8.7M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,580.2 | +0.036% | $30.0M | $50.9M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,576.4 | +0.031% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,582.5 | +0.038% | $2.27B | $938.3M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,581.9 | +0.038% | $150.9M | $482.7M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,527.8 | −0.026% | $44.5M | $226.2M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,633.8 | +0.098% | — | $106.5M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,621 | +0.083% | $117.4M | $5.14B | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0150% | 1h | 85,670 | +0.141% | $340K | $26.9M | 52x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0170% | 1h | 85,601.2 | +0.060% | $188.6M | $952.6M | 100x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,598.4 | +0.057% | $13.4M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0184% | 1h | 85,616.9 | +0.078% | $698K | $7.9M | 30x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,618.7 | +0.081% | $8.4M | $42.4M | 25x | as long as short |
| Deribit BTC-PERPETUAL | +0.0196% | 1h | 85,631.3 | +0.095% | $893.2M | $1.53B | 50x | as long as short |
| Aftermath Perps BTCUSD | +0.0200% | 1h | 85,664.4 | +0.134% | $78K | $219K | 20x | as long as short |
| Kalshi KXBTCPERP | +0.0218% | 8h | 85,619 | +0.081% | $10.7M | $758.6M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,632.2 | +0.096% | $495K | $18.9M | 6.7x | as long as short |
Nado BTC-PERP
BingX BTC-USDT
Bitget BTCUSDT
Reya BTCRUSDPERP
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
SoDEX BTC-USD
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
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
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
RISEx BTC/USDC
Deribit BTC-PERPETUAL
Aftermath Perps BTCUSD
Kalshi KXBTCPERP
Perpl BTC