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

APR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0500%/8h= −54.8% APRnext payment $2.50 per $10,000 · paid last 24h −0.105%
Price spread now: SunX against Aster−0.179%46s7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and SunX is 0.179% cheaper against Aster than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster APRUSDT0.14680.0600pay 0.0300% / 4h23m 39s$71K$78K5x
ShortSunX APR-USDT0.14650.0100get 0.0050% / 4h23m 39s$2K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Aster. 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
−$105.09
Price spread: −0.179% → 0.000%
−$17.91
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$139
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; SunX: live order book, 9 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 Aster no order-book sample
Sell SunX live order book, 9 min ago26.16 bp75.1 bp −$75doesn't fitdoesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

APR on 12 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
BloFin APR-USDT+0.0096%4h0.1470+0.155%$288K$112K50xas long as short
Binance APRUSDT+0.0100%4h0.1467−0.020%$6.7M$5.1M50xas long as short
Bybit APRUSDT+0.0100%4h0.1466−0.118%$1.5M$643K20xas long as short
MEXC APR_USDT+0.0100%4h0.1467−0.050%$367K$174K50xas long as short
Bitget APRUSDT+0.0100%4h0.1469+0.080%$3.9M$1.0M50xas long as short
SunX APR-USDTshort+0.0100%4h0.1465−0.179%$2K$1.2M20x
HTX APR-USDT+0.0100%4h0.1476+0.564%$19K$38K20xas long as short
OKX APR-USDT-SWAP+0.0244%4h0.1469+0.087%$1.3M$2.5M20xas long as short
BingX APR-USDT+0.0278%4h0.1468+0.018%$1.4Mas long as short
Aster APRUSDTlong+0.0600%4h0.1468long leg$71K$78K5x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APR_USDT+0.0686%4h0.1466−0.145%$695K$213K25xas long as short
KuCoin APRUSDTM+0.0752%4h0.1466−0.131%$2.3M$344K50xas long as short