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+0.0310%/8h= +33.9% APRnext payment +$1.55 per $10,000 · paid last 24h +0.095%
Price spread now: Aster against SunX+0.104%7-day average +0.060% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.475%+$47 on $10k
Price spread, last 4 days (all we have)−0.291%−$29 · spread now +0.104%, 7d avg +0.060%
Together, before fees+0.183%+ Points / potential airdropAster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Aster is 0.044% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 4-USDT0.020240.0100pay 0.0050% / 4h1h 18m$1K$1.3M20x
ShortAster 4USDT0.020260.0410get 0.0205% / 4h1h 18m$243K$115K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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
$65.07
Price spread: +0.104% → +0.060%
$4.41
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
$53.49
Costs to cover
0.160%
Break-even
1.2 days
Slippage unknown: SunX: live order book, 5 min ago; Aster: live order book, 43 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 5 min ago472.64 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 43 min ago6.84 bp41.0 bp −$41doesn'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%4h0.02027+0.132%$46K$8Kas long as short
SunX 4-USDTlong+0.0100%4h0.02024long leg$1K$1.3M20x
Bybit 4USDT+0.0304%4h0.02022−0.109%$2.6M$1.9M5xas long as short
BingX 4-USDT+0.0336%4h0.02023−0.059%$1.4Mas long as short
Binance 4USDT+0.0383%4h0.02025+0.064%$7.9M$12.7M20xas long as short
MEXC 4_USDT+0.0390%4h0.02025+0.049%$1.5M$927K100xas long as short
Aster 4USDTshort+0.0410%4h0.02026+0.104%$243K$115K5x
Gate 4_USDT+0.0528%4h0.02028+0.173%$547K$289K20xas long as short
KuCoin 4USDTM+0.0830%4h0.020240.000%$852K$12.6M20xas long as short