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

ALCH

all ALCH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0015%/8h= −1.6% APRnext payment $0.07 per $10,000 · paid last 24h +0.055%
Price spread now: Aster against BingX+0.039%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$435as in the Price arb table
costs, in and out, $10k−$4434.429% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.011%−$1 on $10k
Price spread, last 4 days (all we have)−2.142%−$214 · spread now +0.039%, 7d avg −0.039%
Together, before fees−2.153%+ Points / potential airdropAster: Stage 5 · farm board−$215 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.078% dearer against BingX than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.039%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 5 days (−0.011% in total) that is about 38 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ALCH-USDT0.051350.0994pay 0.0497% / 4h54m 42s$6.7M
ShortAster ALCHUSDT0.051370.0980get 0.0490% / 4h54m 42s$13K$106K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
−$3.06
Price spread: +0.039% → −0.039%
$7.8
Slippage, 4 orders
−$424.86
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$438.13
Costs to cover
4.429%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Aster: live order book, 1 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 BingX live order book, 13 min ago9.73 bp48.4 bp −$48359.4 bp −$3,594678.8 bp −$67.9K843.5 bp −$421.7K
Sell Aster live order book, 1 min ago22.38 bp172.8 bp −$173doesn't fitdoesn't fitdoesn't fit

ALCH on 11 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
Bybit ALCHUSDT+0.0100%4h0.05131−0.078%$3.0M$6.1M20xas long as short
Bitget ALCHUSDT+0.0100%4h0.05140+0.097%$946K$1.8M10xas long as short
Variational Omni ALCH+0.0100%4h0.05142+0.130%$3K$17Kas long as short
Gate ALCH_USDT+0.0112%4h0.05133−0.039%$290K$684K20xas long as short
Aster ALCHUSDTshort+0.0980%4h0.05137+0.039%$13K$106K5x
BingX ALCH-USDTlong+0.0994%4h0.05135long leg$6.7M
Binance ALCHUSDT+0.1008%4h0.05141+0.111%$6.1M$27.3M10xas long as short
MEXC ALCH_USDT+0.1020%4h0.051350.000%$4.9M$2.4M100xas long as short
BloFin ALCH-USDT+0.1064%4h0.05121−0.273%$403K$113K10xas long as short
KuCoin ALCHUSDTM+0.1278%4h0.05124−0.214%$1.2M$274K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALCHUSD+0.3902%1h0.05132−0.062%$12K$33K10xas long as short