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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0085%/8h= −9.3% APRnext payment $0.42 per $10,000 · paid last 24h −0.062%
Price spread now: Aster against Gate−0.207%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,352as in the Price arb table
costs, in and out, $10k−$1,33613.364% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.212%−$21 on $10k
Price spread, last 4 days (all we have)+0.327%+$33 · spread now −0.207%, 7d avg −0.046%
Together, before fees+0.114%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.161% cheaper against Gate than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate 4_USDT0.021820.0458pay 0.0229% / 4h1h 03m$595K$238K20x
ShortAster 4USDT0.021770.0373get 0.0187% / 4h1h 03m$249K$95K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
−$17.79
Price spread: −0.207% → −0.046%
−$16.11
Slippage, 4 orders
−$1,313.37
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$1,370.27
Costs to cover
13.364%
Break-even
never at this rate
Slippage from Gate: live order book, 13 min ago; Aster: live order book, 13 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 Gate live order book, 13 min ago6.95 bp772.6 bp −$773doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 13 min ago5.33 bp47.9 bp −$48doesn't fitdoesn't fitdoesn'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%4h0.02158−1.088%$52K$6Kas long as short
SunX 4-USDT+0.0100%4h0.02175−0.298%$2K$1.0M20xas long as short
Aster 4USDTshort+0.0373%4h0.02177−0.207%$249K$95K5x
Gate 4_USDTlong+0.0458%4h0.02182long leg$595K$238K20x
MEXC 4_USDT+0.0460%4h0.02178−0.160%$1.9M$858K100xas long as short
Binance 4USDT+0.0467%4h0.02179−0.119%$8.4M$11.1M20xas long as short
KuCoin 4USDTM+0.0700%4h0.02177−0.206%$953K$13.2M20xas long as short
BingX 4-USDT+0.0708%4h0.02179−0.128%$1.4Mas long as short
Bybit 4USDT+0.0822%4h0.02178−0.142%$2.9M$1.7M5xas long as short