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

BASED

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0152%/8h= −16.6% APRnext payment $0.76 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against Aster−0.112%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.112% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BASEDUSDT0.068170.0252pay 0.0126% / 4h1h 01m$29K$6K5x
ShortKuCoin BASEDUSDTM0.068090.0100get 0.0050% / 4h1h 01m$571K$105K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$31.87
Price spread: −0.112% → 0.000%
−$11.17
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$63.04
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 1 min ago. Net counts fees only.

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 no order-book sample
Sell KuCoin live order book, 1 min ago30.06 bp444.9 bp −$445965.6 bp −$9,656doesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BASED on 15 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
Binance BASEDUSDT+0.0100%4h0.06822+0.083%$4.2M$3.0M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06809−0.112%$2.1M$579K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06817+0.006%$2.6M$3.5M20xas long as short
Gate BASED_USDT+0.0100%4h0.06813−0.053%$542K$535K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06820+0.050%$4.8M$647K50xas long as short
KuCoin BASEDUSDTMshort+0.0100%4h0.06809−0.112%$571K$105K20x
Bitget BASEDUSDT+0.0100%4h0.06821+0.064%$1.3M$363K25xas long as short
BingX BASED-USDT+0.0100%4h0.06819+0.035%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06810−0.096%$93K$22Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06763−0.780%$89K$363K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDT+0.0100%4h0.06819+0.035%$2K$815K20xas long as short
Extended BASED-USD+0.0104%1h0.06821+0.061%$5K$226K5xas long as short
BloFin BASED-USDT+0.0152%4h0.06822+0.079%$252K$38K25xas long as short
Aster BASEDUSDTlong+0.0252%4h0.06817long leg$29K$6K5x
Orderly PERP_BASED_USDC+0.0349%4h0.06819+0.035%$3K$65210xas long as short