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+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h −0.033%
Price spread now: Aster against KuCoin+0.014%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$419as in the Price arb table
costs, in and out, $10k−$4184.185% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.413%−$41 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.014%, 7d avg +0.023%
Together, before fees−0.430%+ Points / potential airdropAster: Stage 5 · farm board−$43 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 4USDTM0.021690.0568pay 0.0284% / 4h3h 18m$941K$12.7M20x
ShortAster 4USDT0.021690.0577get 0.0289% / 4h3h 18m$248K$95K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
$1.91
Price spread: +0.014% → +0.023%
−$0.87
Slippage, 4 orders
−$398.46
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$417.42
Costs to cover
4.185%
Break-even
1536.0 days
Slippage from KuCoin: live order book, 5 min ago; Aster: live order book, 53 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 KuCoin live order book, 5 min ago2.29 bp294.1 bp −$294doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 53 min ago6.91 bp49.6 bp −$50doesn'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%4h0.02173+0.193%$50K$8Kas long as short
SunX 4-USDT+0.0100%4h0.02166−0.138%$2K$1.1M20xas long as short
KuCoin 4USDTMlong+0.0568%4h0.02169long leg$941K$12.7M20x
Aster 4USDTshort+0.0577%4h0.02169+0.014%$248K$95K5x
Bybit 4USDT+0.0587%4h0.02167−0.078%$2.8M$1.7M5xas long as short
Binance 4USDT+0.0711%4h0.02169−0.006%$8.4M$11.2M20xas long as short
MEXC 4_USDT+0.0712%4h0.02170+0.046%$1.9M$851K100xas long as short
BingX 4-USDT+0.0909%4h0.02173+0.161%$1.4Mas long as short
Gate 4_USDT+0.1472%4h0.02173+0.184%$595K$244K20xas long as short