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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.67 per $10,000 · paid last 24h +0.015%
Price spread now: MEXC against Aster−0.106%7-day average +0.080% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1091.090% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.116%+$12 on $10k
Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.106%, 7d avg +0.080%
Together, before fees+0.079%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.186% cheaper against Aster than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of +0.080%). If the spread goes back, that is −$19 on $10k: about 4.6 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 4USDT0.021690.0578pay 0.0289% / 4h3h 19m$248K$95K5x
ShortMEXC 4_USDT0.021670.0712get 0.0356% / 4h3h 19m$1.9M$851K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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
$28.17
Price spread: −0.106% → +0.080%
−$18.58
Slippage, 4 orders
−$96.99
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$99.4
Costs to cover
1.090%
Break-even
31.7 days
Slippage from Aster: live order book, 52 min ago; MEXC: live order book, 3 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 Aster live order book, 52 min ago6.91 bp32.4 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago2.30 bp13.5 bp −$13107.6 bp −$1,076284.0 bp −$28.4Kdoesn't fit

4 on 9 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
Variational Omni 4+0.0100%4h0.02173+0.179%$50K$8Kas long as short
SunX 4-USDT+0.0100%4h0.02170+0.032%$2K$1.1M20xas long as short
KuCoin 4USDTM+0.0576%4h0.02170+0.032%$942K$12.7M20xas long as short
Aster 4USDTlong+0.0578%4h0.02169long leg$248K$95K5x
Bybit 4USDT+0.0666%4h0.02167−0.088%$2.8M$1.7M5xas long as short
MEXC 4_USDTshort+0.0712%4h0.02167−0.106%$1.9M$851K100x
Binance 4USDT+0.0712%4h0.02169−0.023%$8.4M$11.2M20xas long as short
BingX 4-USDT+0.1058%4h0.02169−0.018%$1.4Mas long as short
Gate 4_USDT+0.1570%4h0.02170+0.037%$594K$244K20xas long as short