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+0.0180%/8h= +19.7% APRnext payment +$0.90 per $10,000 · paid last 24h +0.030%
Price spread now: Aster against GRVT+0.101%50s7-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 airdropGRVT: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aster is 0.101% dearer against GRVT than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BASED_USDT_Perp0.068110.0100pay 0.0050% / 4h16m 41s$99K$374K10x
ShortAster BASEDUSDT0.068180.0280get 0.0140% / 4h16m 41s$29K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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
$37.72
Price spread: +0.101% → 0.000%
$10.11
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
$30.83
Costs to cover
0.170%
Break-even
1.3 days
Slippage unknown: GRVT: live order book, 61 min ago; Aster: 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 GRVT live order book, 61 min ago278.82 bp1273.8 bp −$1,274doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
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%4h0.06826+0.214%$4.2M$3.0M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06814+0.037%$2.1M$594K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06823+0.169%$2.6M$3.6M20xas long as short
Gate BASED_USDT+0.0100%4h0.06817+0.081%$542K$538K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06827+0.228%$4.8M$645K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06807−0.065%$571K$69K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06833+0.316%$1.3M$370K25xas long as short
BingX BASED-USDT+0.0100%4h0.06819+0.111%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06795−0.240%$93K$21Kas long as short
GRVT BASED_USDT_Perplong+0.0100%4h0.06811long leg$99K$374K10x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDT+0.0100%4h0.06812+0.008%$1K$823K20xas long as short
Extended BASED-USD+0.0104%1h0.06825+0.194%$5K$226K5xas long as short
BloFin BASED-USDT+0.0121%4h0.06826+0.214%$252K$41K25xas long as short
Aster BASEDUSDTshort+0.0280%4h0.06818+0.101%$29K$6K5x
Orderly PERP_BASED_USDC+0.0321%4h0.06819+0.111%$3K$65210xas long as short