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

BASECAT

all BASECAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h +0.089%
Price spread now: MEXC against Aster+2.721%7-day average +2.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7,960as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7,876as in the Price arb table
costs, in and out, $10k−$7,94879.476% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.122%−$12 on $10k
Price spread, last 4 days (all we have)+0.202%+$20 · spread now +2.721%, 7d avg +2.006%
Together, before fees+0.080%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.715% dearer against Aster than usual: you sell high and buy low: +$72 more if the spread goes back to its 7-day average of +2.006%. Mind the row above: over the last 7 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BASECATUSDT0.019110.0100pay 0.0013% / 1h55m 38s$98K$71K5x
ShortMEXC BASECAT_USDT0.019630.0400get 0.0200% / 4h2h 55m$741K$194K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$63
Price spread: +2.721% → +2.006%
$71.51
Slippage, 4 orders
−$7,935.61
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$7,813.1
Costs to cover
79.476%
Break-even
875.1 days
Slippage from Aster: live order book, 52 min ago; MEXC: live order book, 5 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, 52 min ago61.38 bp2831.3 bp −$2,831doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago7.64 bp572.6 bp −$5731436.6 bp −$14.4Kdoesn't fitdoesn't fit

BASECAT on 4 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
Aster BASECATUSDTlong+0.0100%1h0.01911long leg$98K$71K5x
Gate BASECAT_USDT+0.0100%4h0.01912+0.052%$231K$161K10xas long as short
MEXC BASECAT_USDTshort+0.0400%4h0.01963+2.721%$741K$194K20x
BingX BASECAT-USDT+0.0400%4h0.01963+2.721%$729Kas long as short