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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0684%/8h= +74.9% APRnext payment +$3.42 per $10,000 · paid last 24h +0.179%
Price spread now: Aster against Binance+0.070%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1251.248% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.188%+$119 on $10k
Price spread, last 7 days+0.010%+$1 · spread now +0.070%, 7d avg +0.027%
Together, before fees+1.198%+ Points / potential airdropAster: Stage 5 · farm board+$120 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Aster is 0.043% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BUSDT0.20340.0743pay 0.0372% / 4h16m 10s$11.7M$2.0M20x
ShortAster BUSDT0.20350.1427get 0.0713% / 4h16m 10s$1.9M$211K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$143.6
Price spread: +0.070% → +0.027%
$4.28
Slippage, 4 orders
−$106.77
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$23.11
Costs to cover
1.248%
Break-even
5.9 days
Slippage from Binance: live order book, 9 min ago; Aster: live order book, 2 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 Binance live order book, 9 min ago2.46 bp31.7 bp −$32423.2 bp −$4,23210260.3 bp −$1.03Mdoesn't fit
Sell Aster live order book, 2 min ago4.91 bp36.5 bp −$37doesn'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%4h0.20340.000%$3.5M$600K20xas long as short
KuCoin BUSDTM+0.0410%4h0.2033−0.059%$1.9M$72K10xas long as short
Bybit BUSDT+0.0611%4h0.2033−0.054%$1.7M$977K13xas long as short
BloFin B-USDT+0.0733%4h0.2036+0.098%$598K$39K20xas long as short
MEXC B_USDT+0.0742%4h0.20340.000%$980K$352K100xas long as short
Binance BUSDTlong+0.0743%4h0.2034long leg$11.7M$2.0M20x
Extended B-USD+0.0744%1h0.2034−0.019%$15K$117K5xas long as short
edgeX BUSDC+0.0761%4h0.2035+0.036%$3K$392K5xas long as short
BingX B-USDT+0.1146%4h0.2033−0.049%$1.2Mas long as short
Bitget BUSDT+0.1206%4h0.2035+0.049%$2.8M$239K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDTshort+0.1427%4h0.2035+0.070%$1.9M$211K5x