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

ALCH

all ALCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0155%/8h= −17.0% APRnext payment $0.78 per $10,000 · paid last 24h −0.052%
Price spread now: Aster against BloFin−0.350%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$460as in the Price arb table
costs, in and out, $10k−$4354.351% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.132%−$13 on $10k
Price spread, last 4 days (all we have)+1.661%+$166 · spread now −0.350%, 7d avg −0.101%
Together, before fees+1.529%+ Points / potential airdropAster: Stage 5 · farm board+$153 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aster is 0.249% cheaper against BloFin than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.101%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ALCH-USDT0.050950.0719pay 0.0360% / 4h3h 12m$388K$115K10x
ShortAster ALCHUSDT0.050770.0564get 0.0282% / 4h3h 12m$11K$112K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$32.64
Price spread: −0.350% → −0.101%
−$24.89
Slippage, 4 orders
−$415.06
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$492.59
Costs to cover
4.351%
Break-even
never at this rate
Slippage from BloFin: live order book, 18 min ago; Aster: live order book, 38 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 BloFin live order book, 18 min ago5.95 bp34.3 bp −$34165.2 bp −$1,652doesn't fitdoesn't fit
Sell Aster live order book, 38 min ago16.69 bp153.3 bp −$153doesn'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%4h0.05089−0.118%$2.9M$6.2M20xas long as short
Bitget ALCHUSDT+0.0100%4h0.05092−0.059%$907K$1.9M10xas long as short
Variational Omni ALCH+0.0100%4h0.05075−0.390%$4K$18Kas long as short
Gate ALCH_USDT+0.0166%4h0.05080−0.294%$287K$706K20xas long as short
Aster ALCHUSDTshort+0.0564%4h0.05077−0.350%$11K$112K5x
BingX ALCH-USDT+0.0656%4h0.05093−0.039%$6.7Mas long as short
MEXC ALCH_USDT+0.0662%4h0.05094−0.020%$5.0M$2.5M100xas long as short
Binance ALCHUSDT+0.0669%4h0.05092−0.059%$6.0M$27.7M10xas long as short
BloFin ALCH-USDTlong+0.0719%4h0.05095long leg$388K$115K10x
KuCoin ALCHUSDTM+0.1242%4h0.05084−0.216%$1.2M$272K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALCHUSD+0.3087%1h0.05079−0.309%$13K$34K10xas long as short