Funding you earn now, next payment 12:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.39 per $10,000 · paid last 24h −0.063%
Price spread now: Gate against Aster+0.066%7-day average −0.032% · 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−$120as in the Price arb table
costs, in and out, $10k−$1301.300% of the position
Funding, last 6 days (all we have)+0.420%+$42 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.066%, 7d avg −0.032%
=Together, before fees+0.196%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.098% dearer against Aster than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.032%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.2 days. Mind the row above: over the last 6 days funding on this pair paid +0.420%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTWUSDT | 0.7983 | 0.0704 | pay 0.0352% / 4h | 3h 22m | $2.2M | $3.3M | 5x |
| Short | Gate BTW_USDT | 0.7988 | 0.0626 | get 0.0313% / 4h | 3h 22m | $3.3M | $17.3M | 10x |
Aster BTWUSDT
Gate BTW_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
- −$16.35
- Price spread: +0.066% → −0.032%
- $9.83
- Slippage, 4 orders
- −$107.04
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$136.55
- Costs to cover
- 1.300%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; Gate: 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, 1 min ago | 5.88 bp | 20.9 bp −$21 | 265.1 bp −$2,651 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 8.40 bp | 41.5 bp −$42 | 76.5 bp −$765 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.0100% | 4h | 0.7981 | −0.016% | $15.4M | $39.4M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.7987 | +0.052% | $7.1M | $4.6M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.8014 | +0.401% | $210K | $723K | 10x | as long as short |
| Bitget BTWUSDT | +0.0578% | 4h | 0.7993 | +0.127% | $25.1M | $14.6M | 5x | as long as short |
| Gate BTW_USDTshort | +0.0626% | 4h | 0.7988 | +0.066% | $3.3M | $17.3M | 10x | |
| Aster BTWUSDTlong | +0.0704% | 4h | 0.7983 | long leg | $2.2M | $3.3M | 5x | |
| MEXC BTW_USDT | +0.0748% | 4h | 0.7983 | +0.006% | $8.9M | $6.3M | 20x | as long as short |
| Binance BTWUSDT | +0.0750% | 4h | 0.7985 | +0.029% | $110.9M | $173.0M | 10x | as long as short |
| Extended BTW-USD | +0.0752% | 1h | 0.7983 | +0.004% | $34K | $15K | 5x | as long as short |
| BingX BTW-USDT | +0.0752% | 4h | 0.7985 | +0.031% | — | $4.0M | — | as long as short |
Bybit BTWUSDT
KuCoin BTWUSDTM
HTX BTW-USDT
Bitget BTWUSDT
MEXC BTW_USDT
Binance BTWUSDT
Extended BTW-USD
BingX BTW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.0780% | 4h | 0.8008 | +0.324% | $348K | $509K | 10x | as long as short |
edgeX BTWUSDC