Funding you earn now, next payment 08:00 UTC−0.0759%/8h= −83.1% APRnext payment −$7.59 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against Aster−0.022%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1301.302% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)+0.327%+$33 · spread now −0.022%, 7d avg +0.029%
=Together, before fees+0.386%+ Points / potential airdropAster: Stage 5 · farm board+$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bitget is 0.051% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.029%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.059%, 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 7 days it paid 0.059% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster COINUSDT | 197.27 | 0 | get 0.0000% / 8h | 4h 18m | $345K | $885K | 20x |
| Short | Bitget COINUSDT | 197.23 | −0.0759 | pay 0.0759% / 8h | 4h 18m | $6.3M | $10.3M | 20x |
Aster COINUSDT
Bitget COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$159.39
- Price spread: −0.022% → +0.029%
- −$5.14
- Slippage, 4 orders
- −$110.21
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$294.74
- Costs to cover
- 1.302%
- Break-even
- never at this rate
Slippage from Aster: live order book, 39 min ago; Bitget: 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 Aster live order book, 39 min ago | 46.09 bp | 50.4 bp −$50 | 50.6 bp −$506 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.27 bp | 9.7 bp −$10 | 19.7 bp −$197 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDTshort | −0.0759% | 8h | 197.23 | −0.022% | $6.3M | $10.3M | 20x | |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.94 | −0.169% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0218% | 8h | 197.13 | −0.073% | $1.2M | $7.2M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0100% | 1h | 196.56 | −0.362% | — | $271K | 25x | as long as short |
| Aster COINUSDTlong | 0.0000% | 8h | 197.27 | long leg | $345K | $885K | 20x | |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.86 | −0.211% | $118K | $694K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.93 | −0.174% | $14.8M | $79.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.01 | −0.134% | $4.8M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.00 | −0.139% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.98 | −0.150% | $680K | $935K | — | as long as short |
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.22 | −0.026% | $16K | $2.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0013% | 1h | 197.05 | −0.113% | $1.3M | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.04 | −0.120% | $347K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.08 | −0.098% | $447K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.19 | −0.042% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.03 | −0.123% | $15.4M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.94 | −0.169% | $135K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.03 | −0.123% | $60 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.02 | −0.129% | $349K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.96 | −0.159% | $992K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.97 | −0.154% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.05 | −0.113% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.03 | −0.121% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.07 | −0.103% | $188K | $392K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.19 | −0.042% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0473% | 4h | 197.12 | −0.078% | $51K | $295K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC