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+0.0075%/8h= +8.2% APRnext payment +$0.37 per $10,000 · paid last 24h +0.010%
Price spread now: Aster against Variational Omni+0.160%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.160% dearer against Variational Omni than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BASED0.067610.0100pay 0.0050% / 4h2h 19m$92K$22K
ShortAster BASEDUSDT0.067710.0175get 0.0087% / 4h2h 19m$28K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
$15.73
Price spread: +0.160% → 0.000%
$15.95
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$23.69
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample
Sell Aster no order-book sample
Variational Omni and 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%4h0.06775+0.208%$4.2M$2.9M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06768+0.109%$2.1M$576K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06768+0.109%$2.6M$3.4M20xas long as short
Gate BASED_USDT+0.0100%4h0.06771+0.153%$539K$519K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06774+0.198%$4.8M$656K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06770+0.139%$565K$111K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06782+0.316%$1.3M$360K25xas long as short
BingX BASED-USDT+0.0100%4h0.06772+0.168%$1.6Mas long as short
Variational Omni BASEDlong+0.0100%4h0.06761long leg$92K$22K
GRVT BASED_USDT_Perp+0.0100%4h0.06776+0.225%$93K$372K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDT+0.0100%4h0.06769+0.124%$1K$797K20xas long as short
Extended BASED-USD+0.0104%1h0.06773+0.186%$5K$226K5xas long as short
BloFin BASED-USDT+0.0105%4h0.06779+0.272%$251K$37K25xas long as short
Aster BASEDUSDTshort+0.0175%4h0.06771+0.160%$28K$6K5x
Orderly PERP_BASED_USDC+0.0307%4h0.06774+0.198%$3K$65210xas long as short