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

B2

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0429%/8h= −46.9% APRnext payment $2.14 per $10,000 · paid last 24h +0.015%
Price spread now: Aster against BingX−0.105%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1291.293% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.134%+$13 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.105%, 7d avg −0.078%
Together, before fees+0.034%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aster is 0.028% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.078%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.134%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.134% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX B2-USDT0.49230.1444pay 0.0722% / 4h1h 57m$1.4M
ShortAster B2USDT0.49180.1015get 0.0508% / 4h1h 57m$154K$187K5x

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

Profit calculator

Funding earned
−$90.04
Price spread: −0.105% → −0.078%
−$2.76
Slippage, 4 orders
−$111.26
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$222.06
Costs to cover
1.293%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Aster: live order book, 24 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 BingX live order book, 3 min ago7.12 bp25.3 bp −$25126.0 bp −$1,260doesn't fitdoesn't fit
Sell Aster live order book, 24 min ago7.06 bp47.4 bp −$471555.9 bp −$15.6Kdoesn't fitdoesn't fit

B2 on 9 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
MEXC B2_USDT+0.0894%4h0.4921−0.041%$557K$537K100xas long as short
Binance B2USDT+0.0902%4h0.4919−0.081%$7.9M$13.1M50xas long as short
Aster B2USDTshort+0.1015%4h0.4918−0.105%$154K$187K5x
Bybit B2USDT+0.1244%4h0.49230.000%$1.5M$2.8M20xas long as short
BingX B2-USDTlong+0.1444%4h0.4923long leg$1.4M
Bitget B2USDT+0.1540%4h0.4917−0.122%$2.7M$1.4M50xas long as short
Variational Omni B2+0.1826%4h0.4907−0.318%$14K$2Kas long as short
KuCoin B2USDTM+0.2026%4h0.4917−0.122%$1.0M$317K50xas long as short
Gate B2_USDT+0.2728%4h0.4932+0.183%$865K$440K20xas long as short