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

BILL

all BILL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0202%/8h= +22.2% APRnext payment +$1.01 per $10,000 · paid last 24h +0.034%
Price spread now: Binance against Aster+0.136%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 +$6 a day on $10k at the current rate, and Binance is 0.136% dearer against Aster than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BILLUSDT0.013860.0263pay 0.0132% / 4h1h 19m$2K$4K5x
ShortBinance BILLUSDT0.013880.0466get 0.0233% / 4h1h 19m$2.5M$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$42.51
Price spread: +0.136% → 0.000%
$13.61
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$38.13
Costs to cover
0.180%
Break-even
0.7 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 2 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 Binance live order book, 2 min ago7.21 bp26.7 bp −$27153.8 bp −$1,538doesn'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.

BILL on 16 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
BloFin BILL-USDT+0.0048%4h0.01384−0.152%$146K$19K20xas long as short
Bybit BILLUSDT+0.0100%4h0.01386−0.008%$1.3M$959K20xas long as short
Gate BILL_USDT+0.0100%4h0.01386−0.008%$279K$84K20xas long as short
Bitget BILLUSDT+0.0100%4h0.01387+0.064%$639K$1.1M20xas long as short
Backpack BILL_USDC_PERP+0.0100%1h0.01383−0.225%$21K$9395xas long as short
SunX BILL-USDT+0.0100%4h0.01389+0.208%$1K$1.1M20xas long as short
HTX BILL-USDT+0.0100%4h0.01387+0.064%$11K$38K20xas long as short
OKX BILL-USDT-SWAP+0.0207%4h0.01387+0.064%$1.1M$2.7M20xas long as short
Aster BILLUSDTlong+0.0263%4h0.01386long leg$2K$4K5x
BingX BILL-USDT+0.0448%4h0.01387+0.064%$1.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BILL-USD+0.0464%1h0.01388+0.108%$3K$219K5xas long as short
Binance BILLUSDTshort+0.0466%4h0.01388+0.136%$2.5M$3.8M20x
MEXC BILL_USDT+0.0466%4h0.01387+0.064%$1.1M$338K50xas long as short
Coinbase International BILL-PERP-INTX+0.0688%1h0.01379−0.499%$46K$51K50xas long as short
KuCoin BILLUSDTM+0.1906%4h0.01387+0.093%$462K$307K20xas long as short
Deribit BILL_USDC-PERPETUAL+0.2421%1h0.01389+0.223%$108K$14K10xas long as short