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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0720%/8h= −78.9% APRnext payment $3.60 per $10,000 · paid last 24h −0.200%
Price spread now: Binance against Aster+0.015%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1291.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.186%−$119 on $10k
Price spread, last 7 days−0.082%−$8 · spread now +0.015%, 7d avg −0.026%
Together, before fees−1.268%+ Points / potential airdropAster: Stage 5 · farm board−$127 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.041% dearer against Aster than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.026%): +$4 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BUSDT0.20430.1348pay 0.0674% / 4h2h 11m$1.9M$212K5x
ShortBinance BUSDT0.20440.0627get 0.0314% / 4h2h 11m$11.8M$2.0M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$151.23
Price spread: +0.015% → −0.026%
$4.11
Slippage, 4 orders
−$111.13
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$276.26
Costs to cover
1.291%
Break-even
never at this rate
Slippage from Aster: live order book, 1 min ago; Binance: live order book, 13 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 Aster live order book, 1 min ago9.78 bp33.0 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 13 min ago2.44 bp31.7 bp −$32247.2 bp −$2,472doesn't fitdoesn't fit

B on 10 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
Gate B_USDT+0.0100%4h0.2041−0.112%$3.5M$633K20xas long as short
KuCoin BUSDTM+0.0400%4h0.2042−0.073%$1.9M$72K10xas long as short
Bybit BUSDT+0.0490%4h0.2041−0.122%$1.7M$934K13xas long as short
Extended B-USD+0.0624%1h0.2043−0.020%$18K$218K5xas long as short
MEXC B_USDT+0.0626%4h0.2043−0.014%$1.0M$363K100xas long as short
Binance BUSDTshort+0.0627%4h0.2044+0.015%$11.8M$2.0M20x
edgeX BUSDC+0.0630%4h0.2046+0.139%$3K$391K5xas long as short
BingX B-USDT+0.0770%4h0.2041−0.112%$1.3Mas long as short
Bitget BUSDT+0.0788%4h0.2041−0.112%$2.8M$257K10xas long as short
Aster BUSDTlong+0.1348%4h0.2043long leg$1.9M$212K5x