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−0.0024%/8h= −2.6% APRnext payment $0.12 per $10,000 · paid last 24h +0.006%
Price spread now: OKX against Aster+0.044%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
The price spread pays, funding is against you. OKX is 0.044% dearer against Aster than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BILLUSDT0.013830.0155pay 0.0077% / 4h29m 40s$2K$4K5x
ShortOKX BILL-USDT-SWAP0.013840.0131get 0.0065% / 4h29m 40s$1.1M$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$5
Price spread: +0.044% → 0.000%
$4.42
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$18.59
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; OKX: 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 OKX live order book, 2 min ago3.62 bp28.6 bp −$29194.7 bp −$1,947doesn'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
Bybit BILLUSDT+0.0100%4h0.01381−0.173%$1.3M$996K20xas long as short
Gate BILL_USDT+0.0100%4h0.01383−0.028%$278K$86K20xas long as short
Bitget BILLUSDT+0.0100%4h0.01381−0.173%$646K$1.1M20xas long as short
Backpack BILL_USDC_PERP+0.0100%1h0.01381−0.173%$21K$9515xas long as short
SunX BILL-USDT+0.0100%4h0.01384+0.044%$2K$1.1M20xas long as short
HTX BILL-USDT+0.0100%4h0.01379−0.317%$11K$39K20xas long as short
BloFin BILL-USDT+0.0115%4h0.01376−0.534%$146K$19K20xas long as short
OKX BILL-USDT-SWAPshort+0.0131%4h0.01384+0.044%$1.1M$2.8M20x
Aster BILLUSDTlong+0.0155%4h0.01383long leg$2K$4K5x
BingX BILL-USDT+0.0274%4h0.01383−0.028%$1.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BILL_USDT+0.0284%4h0.01383−0.028%$1.1M$341K50xas long as short
Binance BILLUSDT+0.0286%4h0.01385+0.089%$2.5M$3.9M20xas long as short
Extended BILL-USD+0.0288%1h0.01384+0.018%$2K$220K5xas long as short
Coinbase International BILL-PERP-INTX+0.0688%1h0.01381−0.137%$66K$72K50xas long as short
KuCoin BILLUSDTM+0.1352%4h0.01384+0.030%$460K$315K20xas long as short
Deribit BILL_USDC-PERPETUAL+0.2069%1h0.01383−0.014%$108K$14K10xas long as short