Funding you earn now, next payment 16:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.006%
Price spread now: Aster against BingX+0.217%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$610.613% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.217%, 7d avg +0.100%
=Together, before fees+0.019%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.117% dearer against BingX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.100%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDC | 0.2212 | 0.0065 | pay 0.0065% / 8h | 7h 23m | — | $6.5M | — |
| Short | Aster ARBUSDT | 0.2217 | 0.0100 | get 0.0100% / 8h | 7h 23m | $635K | $1.7M | 20x |
BingX ARB-USDC
Aster ARBUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.35
- Price spread: +0.217% → +0.100%
- $11.72
- Slippage, 4 orders
- −$43.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$42.22
- Costs to cover
- 0.613%
- Break-even
- 47.2 days
Slippage from BingX: live order book, 12 min ago; Aster: live order book, 5 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 BingX live order book, 12 min ago | 4.33 bp | 18.5 bp −$19 | 35.8 bp −$358 | 107.4 bp −$10.7K | 643.7 bp −$321.9K |
| Sell Aster live order book, 5 min ago | 3.87 bp | 10.9 bp −$11 | 25.7 bp −$257 | doesn't fit | 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 | −0.1605% | 1h | 0.2187 | −1.139% | $39K | $372K | 12x | as long as short |
| Phemex ARBUSDT | −0.0191% | 8h | 0.2203 | −0.416% | $4.8M | $12.8M | 50x | as long as short |
| SoDEX ARB-USD | −0.0191% | 1h | 0.2204 | −0.380% | $9K | $2.3M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0167% | 1h | 0.2205 | −0.344% | $1.1M | $4.2M | 50x | as long as short |
| Gate ARB_USDT | −0.0138% | 8h | 0.2215 | +0.149% | $5.4M | $18.2M | 60x | as long as short |
| OKX ARB-USDT-SWAP | −0.0093% | 8h | 0.2216 | +0.154% | $22.3M | $147.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0092% | 8h | 0.2215 | +0.149% | $43.6M | $63.2M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0056% | 1h | 0.2215 | +0.145% | $7K | $209 | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0037% | 8h | 0.2217 | +0.217% | $16K | $415K | 10x | as long as short |
| Bybit ARBUSDT | −0.0022% | 8h | 0.2217 | +0.194% | $54.0M | $125.9M | 50x | as long as short |
Injective ARB/USDC PERP
Phemex ARBUSDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Gate ARB_USDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
Orderly PERP_ARB_USDC
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2199 | −0.597% | $65K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2205 | −0.321% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2199 | −0.579% | $73K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2215 | +0.142% | $365K | $3.0M | 25x | as long as short |
| Binance ARBUSDT | +0.0017% | 8h | 0.2216 | +0.184% | $64.1M | $298.9M | 75x | as long as short |
| Variational Omni ARB | +0.0025% | 8h | 0.2191 | −0.957% | $1.8M | $3.0M | — | as long as short |
| Bitget ARBUSDT | +0.0061% | 8h | 0.2216 | +0.172% | $21.2M | $34.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0062% | 8h | 0.2197 | −0.669% | $3.0M | $2.3M | 75x | as long as short |
| BingX ARB-USDClong | +0.0065% | 8h | 0.2212 | long leg | — | $6.5M | — | |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2218 | +0.267% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2216 | +0.167% | $1.3M | $5.6M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2218 | +0.267% | $36.5M | $51.4M | 10x | as long as short |
| Aster ARBUSDTshort | +0.0100% | 8h | 0.2217 | +0.217% | $635K | $1.7M | 20x | |
| Pacifica ARB | +0.0100% | 1h | 0.2216 | +0.168% | $44K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2216 | +0.172% | $19.7M | $13.7M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2198 | −0.661% | $40K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2200 | −0.574% | $473K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2194 | −0.823% | $118K | $267K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2217 | +0.217% | $74K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2200 | −0.551% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2204 | −0.371% | $295K | $835K | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2217 | +0.209% | $534K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0199% | 1h | 0.2215 | +0.145% | $989K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2204 | −0.364% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2215 | +0.116% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2205 | −0.325% | $528K | $1.5M | 50x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Variational Omni ARB
Bitget ARBUSDT
BloFin ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX