Funding you earn now, next payment 00:00 UTC−0.0110%/8h= −12.1% APRnext payment −$1.10 per $10,000 · paid last 24h −0.013%
Price spread now: Binance against Aster−0.099%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$360.359% of the position
Funding, last 7 days−0.135%−$13 on $10k
+Price spread, last 7 days+0.205%+$20 · spread now −0.099%, 7d avg −0.007%
=Together, before fees+0.070%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.092% cheaper against Aster than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ARBUSDT | 0.2242 | 0.0100 | pay 0.0100% / 8h | 2h 17m | $697K | $1.8M | 20x |
| Short | Binance ARBUSDT | 0.2240 | −0.0010 | pay 0.0010% / 8h | 2h 17m | $63.7M | $324.6M | 75x |
Aster ARBUSDT
Binance ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$23.11
- Price spread: −0.099% → −0.007%
- −$9.24
- Slippage, 4 orders
- −$17.91
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$68.26
- Costs to cover
- 0.359%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; Binance: live order book, 11 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 1 min ago | 2.68 bp | 12.0 bp −$12 | 51.3 bp −$513 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.22 bp | 9.1 bp −$9 | 23.8 bp −$238 | 71.9 bp −$7,193 | doesn't fit |
ARB on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1675% | 1h | 0.2231 | −0.500% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0280% | 1h | 0.2240 | −0.103% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0161% | 8h | 0.2240 | −0.092% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0158% | 8h | 0.2240 | −0.111% | $56.3M | $135.9M | 50x | as long as short |
| SoDEX ARB-USD | −0.0109% | 1h | 0.2242 | −0.013% | $4K | $2.9M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0107% | 1h | 0.2243 | +0.036% | $38K | $20K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0102% | 8h | 0.2239 | −0.134% | $22.3M | $165.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2239 | −0.134% | $37.3M | $63.7M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2243 | +0.052% | $1.1M | $5.2M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0029% | 1h | 0.2241 | −0.045% | $77K | $2.2M | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0018% | 8h | 0.2241 | −0.054% | $11K | $388K | 10x | as long as short |
| Binance ARBUSDTshort | −0.0010% | 8h | 0.2240 | −0.099% | $63.7M | $324.6M | 75x | |
| Extended ARB-USD | −0.0008% | 1h | 0.2240 | −0.110% | $357K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2241 | −0.037% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2243 | +0.039% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0007% | 8h | 0.2242 | −0.022% | $5.5M | $21.6M | 60x | as long as short |
| BloFin ARB-USDT | +0.0080% | 8h | 0.2244 | +0.071% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2243 | +0.036% | $147K | $12K | 3x | as long as short |
| BingX ARB-USDC | +0.0086% | 8h | 0.2241 | −0.071% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0089% | 8h | 0.2240 | −0.098% | $21.0M | $38.3M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2242 | −0.018% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2243 | +0.045% | $40.1M | $52.8M | 10x | as long as short |
| Aster ARBUSDTlong | +0.0100% | 8h | 0.2242 | long leg | $697K | $1.8M | 20x | |
| Pacifica ARB | +0.0100% | 1h | 0.2242 | −0.029% | $47K | $199K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2242 | −0.009% | $20.6M | $17.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2244 | +0.072% | $40K | $456K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2244 | +0.069% | $483K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2242 | −0.009% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2243 | +0.036% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2242 | −0.018% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2242 | −0.009% | $5.3M | $13.7M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2243 | +0.049% | $850K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +0.303% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2241 | −0.073% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2243 | +0.022% | $497K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0580% | 1h | 0.2246 | +0.152% | $1.1M | $2.7M | 20x | as long as short |
Orderly PERP_ARB_USDC
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDC
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP