Funding you earn now, next payment 08:00 UTC−0.0292%/8h= −32.0% APRnext payment −$1.46 per $10,000 · paid last 24h −0.159%
Price spread now: Aster against Binance−0.274%7-day average −0.134% · 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−$116as in the Price arb table
costs, in and out, $10k−$1021.023% of the position
Funding, last 6 days (all we have)−0.862%−$86 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.274%, 7d avg −0.134%
=Together, before fees−0.709%+ Points / potential airdropAster: Stage 5 · farm board−$71 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aster is 0.140% cheaper against Binance than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.134%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BTWUSDT | 0.7854 | 0.0981 | pay 0.0490% / 4h | 2h 18m | $109.1M | $182.4M | 10x |
| Short | Aster BTWUSDT | 0.7832 | 0.0689 | get 0.0344% / 4h | 2h 18m | $2.2M | $3.3M | 5x |
Binance BTWUSDT
Aster BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$61.32
- Price spread: −0.274% → −0.134%
- −$14
- Slippage, 4 orders
- −$84.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$177.67
- Costs to cover
- 1.023%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Aster: live order book, 5 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 Binance live order book, 10 min ago | 2.35 bp | 31.0 bp −$31 | 118.1 bp −$1,181 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 4.06 bp | 21.1 bp −$21 | 421.7 bp −$4,217 | 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 | 0.7872 | +0.225% | $203K | $777K | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0228% | 4h | 0.7850 | −0.052% | $7.0M | $5.0M | 10x | as long as short |
| Bitget BTWUSDT | +0.0682% | 4h | 0.7884 | +0.380% | $24.8M | $15.3M | 5x | as long as short |
| Aster BTWUSDTshort | +0.0689% | 4h | 0.7832 | −0.274% | $2.2M | $3.3M | 5x | |
| Bybit BTWUSDT | +0.0855% | 4h | 0.7853 | −0.010% | $14.8M | $41.9M | 10x | as long as short |
| MEXC BTW_USDT | +0.0966% | 4h | 0.7856 | +0.025% | $8.8M | $6.5M | 20x | as long as short |
| Gate BTW_USDT | +0.0970% | 4h | 0.7834 | −0.252% | $3.2M | $18.0M | 10x | as long as short |
| Binance BTWUSDTlong | +0.0981% | 4h | 0.7854 | long leg | $109.1M | $182.4M | 10x | |
| Extended BTW-USD | +0.0984% | 1h | 0.7857 | +0.038% | $34K | $15K | 5x | as long as short |
| BingX BTW-USDT | +0.1004% | 4h | 0.7880 | +0.331% | — | $4.3M | — | as long as short |
HTX BTW-USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
Bybit BTWUSDT
MEXC BTW_USDT
Gate BTW_USDT
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 | +0.1038% | 4h | 0.8020 | +2.115% | $349K | $521K | 10x | as long as short |
edgeX BTWUSDC