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+0.0045%/8h= +4.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.018%
Price spread now: Orderly against Aster+0.067%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.067% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BASEDUSDT0.068170.0280pay 0.0140% / 4h16m 20s$29K$6K5x
ShortOrderly PERP_BASED_USDC0.068220.0325get 0.0162% / 4h16m 20s$3K$65210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$9.47
Price spread: +0.067% → 0.000%
$6.73
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$2.2
Costs to cover
0.140%
Break-even
5.4 days
Slippage unknown: Aster: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample
Aster and Orderly: 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%4h0.06821+0.053%$4.2M$3.0M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06814−0.050%$2.1M$594K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06820+0.038%$2.6M$3.6M20xas long as short
Gate BASED_USDT+0.0100%4h0.06818+0.009%$542K$538K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06825+0.111%$4.8M$645K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06807−0.153%$571K$69K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06830+0.185%$1.3M$370K25xas long as short
BingX BASED-USDT+0.0100%4h0.06818+0.009%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06815−0.043%$93K$21Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06811−0.087%$99K$374K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDT+0.0100%4h0.06813−0.065%$1K$824K20xas long as short
Extended BASED-USD+0.0104%1h0.06820+0.034%$5K$226K5xas long as short
BloFin BASED-USDT+0.0121%4h0.06826+0.126%$252K$41K25xas long as short
Aster BASEDUSDTlong+0.0280%4h0.06817long leg$29K$6K5x
Orderly PERP_BASED_USDCshort+0.0325%4h0.06822+0.067%$3K$65210x