Funding arb · Price arb /

BILL

all BILL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.152%

Price spread now: HTX against Aster+0.466%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on HTX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.466% dearer against Aster than usual: you sell high and buy low, +$47 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BILLUSDT	0.01365	0.0100	pay 0.0050% / 4h	2h 38m	$1K	$4K	5x
Short	HTX BILL-USDT	0.01371	0.0100	get 0.0050% / 4h	2h 38m	$11K	$39K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee AsterbpFee HTXbpOrdersPrice spread, now +0.466%Rate

Funding earned: $0
Price spread: +0.466% → 0.000%: $46.61
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: $26.61
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Aster and HTX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BILL-USDT	+0.0099%	4h	0.01365	+0.026%	$113K	$17K	20x	as long as short
Aster BILLUSDTlong	+0.0100%	4h	0.01365	long leg	$1K	$4K	5x
Bybit BILLUSDT	+0.0100%	4h	0.01362	−0.193%	$1.3M	$1.0M	20x	as long as short
Gate BILL_USDT	+0.0100%	4h	0.01363	−0.120%	$277K	$90K	20x	as long as short
SunX BILL-USDT	+0.0100%	4h	0.01366	+0.100%	$1K	$1.2M	20x	as long as short
HTX BILL-USDTshort	+0.0100%	4h	0.01371	+0.466%	$11K	$39K	20x
Binance BILLUSDT	+0.0127%	4h	0.01364	−0.011%	$2.5M	$4.0M	20x	as long as short
Extended BILL-USD	+0.0128%	1h	0.01364	−0.035%	$4K	$261K	5x	as long as short
MEXC BILL_USDT	+0.0134%	4h	0.01363	−0.120%	$975K	$341K	50x	as long as short
Bitget BILLUSDT	+0.0270%	4h	0.01364	−0.047%	$643K	$1.2M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack BILL_USDC_PERP	+0.0285%	1h	0.01362	−0.193%	$21K	$985	5x	as long as short
BingX BILL-USDT	+0.0490%	4h	0.01363	−0.120%	—	$1.7M	—	as long as short
OKX BILL-USDT-SWAP	+0.0512%	4h	0.01366	+0.100%	$1.1M	$2.9M	20x	as long as short
KuCoin BILLUSDTM	+0.0682%	4h	0.01363	−0.105%	$449K	$337K	20x	as long as short
Coinbase International BILL-PERP-INTX	+0.0832%	1h	0.01365	−0.003%	$38K	$98K	50x	as long as short
Deribit BILL_USDC-PERPETUAL	+0.2099%	1h	0.01365	+0.041%	$107K	$12K	10x	as long as short