Settings8H · net · $10k
Funding arb · Price arb /

BULLA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1298%/8h= −142.1% APRnext payment $6.49 per $10,000 · paid last 24h −0.167%
Price spread now: Aster against MEXC−0.202%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1221.220% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.126%+$13 on $10k
Price spread, last 7 days+0.389%+$39 · spread now −0.202%, 7d avg −0.057%
Together, before fees+0.515%+ Points / potential airdropAster: Stage 5 · farm board+$51 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and Aster is 0.145% cheaper against MEXC than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.057%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.126%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.126% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BULLA_USDT0.10940.2002pay 0.1001% / 4h3h 30m$7.9M$421K20x
ShortAster BULLAUSDT0.10910.0704get 0.0352% / 4h3h 30m$6.1M$1.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$272.51
Price spread: −0.202% → −0.057%
−$14.51
Slippage, 4 orders
−$109.99
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$409.01
Costs to cover
1.220%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Aster: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago0.93 bp15.7 bp −$1654.1 bp −$541373.6 bp −$37.4Kdoesn't fit
Sell Aster live order book, 4 min ago6.87 bp44.9 bp −$45doesn't fitdoesn't fitdoesn't fit

BULLA on 5 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BULLAUSDTshort+0.0704%4h0.1091−0.202%$6.1M$1.1M5x
Gate BULLA_USDT+0.1486%4h0.1097+0.298%$1.4M$290K10xas long as short
BingX BULLA-USDT+0.1896%4h0.1092−0.119%$6.6Mas long as short
MEXC BULLA_USDTlong+0.2002%4h0.1094long leg$7.9M$421K20x
Binance BULLAUSDT+0.2007%4h0.1092−0.183%$12.1M$9.4M10xas long as short