Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

BIANRENSHENG

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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Aster币安人生USDT
0.5114+0.0337pay 0.0168% / 4h54m 40s$1.5M$47K10xLong Aster≤10% back
SHORT
Binance币安人生USDT
0.5111+0.0110get 0.0055% / 4h54m 40s$39.0M$4.2M10xShort Binance
Price gap−0.061%
Funding gap−0.0227% /8h

The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 27 hours. At the last 7 days' pace that is about 2.5 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$22−0.0227% /8h now · paid −0.215% over the last 7D
Price+$8spread −0.061% now, avg −0.137% → +0.076% if it goes back
Costs−$1101.101% of $10k · taker + slippage, in and out
Result−$124−1.24%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.061%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BIANRENSHENG on 9 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size36.5 / 20.7 bp
    At $10k entering Aster costs 36.5 bp, fee and slippage, 1.8× Binance’s.
  • Note: Margin at max leverage$1,000 + $1,000
    Aster 10x, Binance 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$6.81Long Aster: 6 payments, −$10.10; short Binance: 6 payments, +$3.29.
  • OK: Entry gap works for you−0.061% vs −0.137%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$1.5M vs $39.0M OI
    Aster sets your exit cost. Check its book before closing.
  • OK: Points on a legAster Stage 5
    Volume here counts toward the points program.
  • Watch: KYCAster No · Binance Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0102%/8h × 21 periods−$21.52
Price spread−0.061% → −0.137% (7d avg)+$7.56
Slippage, 4 orderslive order books−$92.15
Fee Aster bp × 2 orders−$8.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$124.11
Costs to cover1.101%Break-evennever at this rate
Slippage: Aster: live order book, 4 min ago; Binance: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAster7.8236.5 bp−$36doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance0.9820.7 bp−$21102.9 bp−$1,029doesn’t fitdoesn’t fit

Closing costs about the same again.

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