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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0471%/8h= −51.6% APRpaid last 24h −0.184%
Price spread now: Extended against Aster−0.045%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$395as in the Funding arb table
Net, price: spread back to 7d avg − costs−$281as in the Price arb table
costs, in and out, $10k−$2762.759% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.187%−$119 on $10k
Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.045%, 7d avg +0.010%
Together, before fees−1.281%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$128 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Extended is 0.056% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BUSDT0.20210.1343pay 0.0672% / 4h1h 56m$1.9M$204K5x
ShortExtended B-USD0.20200.0872get 0.0109% / 1h56m 50s$15K$117K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$99
Price spread: −0.045% → +0.010%
−$5.56
Slippage, 4 orders
−$262.9
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$380.46
Costs to cover
2.759%
Break-even
never at this rate
Slippage from Aster: live order book, 1 min ago; Extended: live order book, 23 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 ago4.95 bp30.0 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 23 min ago10.13 bp149.0 bp −$149doesn't fitdoesn't fitdoesn't fit

B 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
Gate B_USDT+0.0100%4h0.2017−0.211%$3.4M$583K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2017−0.197%$1.9M$71K10xas long as short
MEXC B_USDT+0.0868%4h0.2020−0.063%$968K$346K100xas long as short
Binance BUSDT+0.0872%4h0.2021−0.015%$11.7M$2.0M20xas long as short
Extended B-USDshort+0.0872%1h0.2020−0.045%$15K$117K5x
edgeX BUSDC+0.0875%4h0.2021−0.038%$3K$389K5xas long as short
BloFin B-USDT+0.0917%4h0.2021−0.014%$594K$39K20xas long as short
Bybit BUSDT+0.0959%4h0.2018−0.152%$1.7M$946K13xas long as short
BingX B-USDT+0.1022%4h0.2021−0.014%$1.2Mas long as short
Bitget BUSDT+0.1088%4h0.2020−0.063%$2.7M$230K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDTlong+0.1343%4h0.2021long leg$1.9M$204K5x