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: Aster against MEXC−0.107%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−$112as 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)+0.250%+$25 · spread now −0.107%, 7d avg −0.080%
Together, before fees+0.134%+ Points / potential airdropAster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.027% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.080%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC 4_USDT0.021730.0712pay 0.0356% / 4h3h 19m$1.9M$850K100x
ShortAster 4USDT0.021710.0578get 0.0289% / 4h3h 19m$248K$95K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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: −0.107% → −0.080%
−$2.71
Slippage, 4 orders
−$96.99
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$139.88
Costs to cover
1.090%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Aster: live order book, 52 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 MEXC live order book, 2 min ago2.30 bp13.5 bp −$14104.3 bp −$1,043277.9 bp −$27.8Kdoesn't fit
Sell Aster live order book, 52 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+0.009%$50K$8Kas long as short
SunX 4-USDT+0.0100%4h0.02171−0.092%$2K$1.1M20xas long as short
Aster 4USDTshort+0.0578%4h0.02171−0.107%$248K$95K5x
KuCoin 4USDTM+0.0578%4h0.02174+0.046%$940K$12.7M20xas long as short
Bybit 4USDT+0.0666%4h0.02170−0.120%$2.9M$1.7M5xas long as short
MEXC 4_USDTlong+0.0712%4h0.02173long leg$1.9M$850K100x
Binance 4USDT+0.0712%4h0.02173+0.005%$8.4M$11.2M20xas long as short
BingX 4-USDT+0.1058%4h0.02172−0.041%$1.4Mas long as short
Gate 4_USDT+0.1570%4h0.02172−0.028%$595K$244K20xas long as short