Funding you earn now, next payment 00:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h −0.079%
Price spread now: Bitget against Aster+0.069%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1251.247% of the position
Funding, last 5 days (all we have)−0.078%−$8 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now +0.069%, 7d avg +0.147%
=Together, before fees−0.153%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.078% cheaper against Aster than usual: you would sell low and buy high (spread +0.069% now, against its 7-day average of +0.147%). If the spread goes back, that is −$8 on $10k: about 45 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 5 days funding on this pair cost −0.078%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTWUSDT | 0.8230 | 0.1286 | pay 0.0643% / 4h | 55m 53s | $2.3M | $2.8M | 5x |
| Short | Bitget BTWUSDT | 0.8236 | 0.1424 | get 0.0712% / 4h | 55m 53s | $26.1M | $13.3M | 5x |
Funding 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
- $29
- Price spread: +0.069% → +0.147%
- −$7.77
- Slippage, 4 orders
- −$104.66
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$103.43
- Costs to cover
- 1.247%
- Break-even
- 32.0 days
Slippage from Aster: live order book, 3 min ago; Bitget: 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 | 6.37 bp | 31.7 bp −$32 | 817.7 bp −$8,177 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.99 bp | 35.5 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
BTW on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.8342 | +1.357% | $205K | $759K | 10x | as long as short |
| Gate BTW_USDT | +0.0700% | 4h | 0.8239 | +0.100% | $3.6M | $15.8M | 10x | as long as short |
| Aster BTWUSDTlong | +0.1286% | 4h | 0.8230 | long leg | $2.3M | $2.8M | 5x | |
| KuCoin BTWUSDTM | +0.1368% | 4h | 0.8235 | +0.056% | $7.6M | $4.7M | 10x | as long as short |
| Bitget BTWUSDTshort | +0.1424% | 4h | 0.8236 | +0.069% | $26.1M | $13.3M | 5x | |
| MEXC BTW_USDT | +0.1458% | 4h | 0.8225 | −0.067% | $9.9M | $6.1M | 20x | as long as short |
| Extended BTW-USD | +0.1480% | 1h | 0.8223 | −0.085% | $39K | $11K | 5x | as long as short |
| Binance BTWUSDT | +0.1481% | 4h | 0.8223 | −0.089% | $114.6M | $167.0M | 10x | as long as short |
| edgeX BTWUSDC | +0.1493% | 4h | 0.8099 | −1.594% | $334K | $497K | 10x | as long as short |
| BingX BTW-USDT | +0.1948% | 4h | 0.8226 | −0.055% | — | $4.4M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.2005% | 4h | 0.8220 | −0.125% | $15.9M | $38.3M | 10x | as long as short |
Aster BTWUSDT
Bitget BTWUSDT
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
MEXC BTW_USDT
Extended BTW-USD
Binance BTWUSDT
edgeX BTWUSDC
BingX BTW-USDT
Bybit BTWUSDT