Funding you earn now, next payment 23:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.001%
Price spread now: Aster against Arcus−0.002%7-day average +0.104% · 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−$287as in the Price arb table
costs, in and out, $10k−$2762.764% of the position
Funding, last 3 days (all we have)−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.002%, 7d avg +0.104%
=Together, before fees−0.131%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.106% cheaper against Arcus than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.104%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BE-USD | 273.12 | 0.0040 | pay 0.0005% / 1h | 16m 44s | $114K | $134K | 10x |
| Short | Aster BEUSDT | 273.12 | 0 | get 0.0000% / 8h | 1h 16m | $343K | $117K | 20x |
Arcus BE-USD
Aster BEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Arcus. 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
- −$8.46
- Price spread: −0.002% → +0.104%
- −$10.55
- Slippage, 4 orders
- −$263.85
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$295.36
- Costs to cover
- 2.764%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 1 min ago; Aster: live order book, 65 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 Arcus live order book, 1 min ago | 3.30 bp | 6.8 bp −$7 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell Aster live order book, 65 min ago | 12.49 bp | 50.5 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDTshort | 0.0000% | 8h | 273.12 | −0.002% | $343K | $117K | 20x | |
| Extended BE-USD | 0.0000% | 1h | 273.36 | +0.087% | $46K | $270K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 273.40 | +0.103% | $8.5M | $37.2M | 25x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 273.34 | +0.081% | $2.0M | $1.2M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 273.20 | +0.029% | $1.5M | $3.8M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 273.25 | +0.048% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 273.40 | +0.101% | $7K | $190K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 273.40 | +0.103% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 273.46 | +0.124% | $12K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 273.12 | 0.000% | — | — | 10x | as long as short |
Extended BE-USD
Binance BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 273.30 | +0.066% | $249K | $424K | 10x | as long as short |
| QFEX BE-USD | +0.0035% | 1h | 273.30 | +0.066% | $1.3M | $3.8M | 10x | as long as short |
| Arcus BE-USDlong | +0.0040% | 1h | 273.12 | long leg | $114K | $134K | 10x | |
| Vest BE-USD-PERP | +0.0046% | 1h | 273.29 | +0.062% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 272.24 | −0.322% | $467K | $121K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 273.33 | +0.077% | $369K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 273.38 | +0.094% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0113% | 8h | 273.49 | +0.135% | $2.6M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 273.44 | +0.117% | $45K | $141K | 20x | as long as short |
| tradeXYZ xyz:BE | +0.0147% | 1h | 273.17 | +0.018% | $5.9M | $2.9M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0555% | 1h | 273.37 | +0.092% | $6K | $4K | 10x | as long as short |
Lighter RH BE
QFEX BE-USD
Vest BE-USD-PERP
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
OKX BE-USDT-SWAP
BloFin BE-USDT
tradeXYZ xyz:BE
Deribit BE_USDC-PERPETUAL