Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h −0.002%
Price spread now: Gate against Aster+0.028%7-day average −0.013% · 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−$91as in the Price arb table
costs, in and out, $10k−$950.946% of the position
Funding, last 5 days (all we have)−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.028%, 7d avg −0.013%
=Together, before fees+0.013%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.040% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.013%. Mind the row above: over the last 5 days funding on this pair cost −0.050%, 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 ETHFIUSDT | 0.7225 | 0.0076 | pay 0.0038% / 4h | 56m 28s | $185K | $259K | 10x |
| Short | Gate ETHFI_USDT | 0.7227 | 0.0100 | get 0.0050% / 4h | 56m 28s | $1.7M | $2.0M | 75x |
Funding 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
- $5.05
- Price spread: +0.028% → −0.013%
- $4.04
- Slippage, 4 orders
- −$71.64
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$85.55
- Costs to cover
- 0.946%
- Break-even
- 125.6 days
Slippage from Aster: live order book, 20 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, 20 min ago | 5.58 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.77 bp | 27.0 bp −$27 | 209.0 bp −$2,090 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0580% | 1h | 0.7219 | −0.083% | $42K | $18K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0308% | 4h | 0.7201 | −0.332% | $83K | $164K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0193% | 4h | 0.7223 | −0.028% | $17K | $1K | 10x | as long as short |
| Extended ETHFI-USD | +0.0024% | 1h | 0.7218 | −0.104% | $93K | $493K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0026% | 4h | 0.7221 | −0.055% | $15.2M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0029% | 4h | 0.7222 | −0.043% | $25.0M | $37.3M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.208% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0041% | 8h | 0.7216 | −0.126% | $6K | — | 5x | as long as short |
| Aster ETHFIUSDTlong | +0.0076% | 4h | 0.7225 | long leg | $185K | $259K | 10x | |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7231 | +0.077% | $9K | — | 3x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7224 | −0.017% | $1.1M | $893K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7230 | +0.066% | $18.3M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7226 | +0.014% | $18.4M | $13.0M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7228 | +0.042% | $4.9M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDTshort | +0.0100% | 4h | 0.7227 | +0.028% | $1.7M | $2.0M | 75x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7219 | −0.083% | $1.2M | $273K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7222 | −0.042% | $6.2M | $5.8M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7226 | +0.014% | — | $26.1M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7199 | −0.359% | $1.0M | $755K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7229 | +0.061% | $60K | $93K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7217 | −0.111% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0106% | 4h | 0.7219 | −0.083% | $1.3M | $293K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7213 | −0.166% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0548% | 1h | 0.7227 | +0.031% | $279K | $158K | 20x | as long as short |
Aster ETHFIUSDT
Gate ETHFI_USDT
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD