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

BILL

all BILL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0117%/8h= −12.8% APRnext payment $0.59 per $10,000 · paid last 24h −0.022%
Price spread now: Aster against Binance−0.119%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.119% cheaper against Binance than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BILLUSDT0.013500.0217pay 0.0109% / 4h1h 52m$2.3M$3.5M20x
ShortAster BILLUSDT0.013490.0100get 0.0050% / 4h1h 52m$2K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
−$24.64
Price spread: −0.119% → 0.000%
−$11.92
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$54.56
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 14 min ago; 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 Binance live order book, 14 min ago7.41 bp27.1 bp −$27181.8 bp −$1,818doesn't fitdoesn't fit
Sell Aster no order-book sample
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+0.0065%4h0.01350−0.019%$140K$31K20xas long as short
Aster BILLUSDTshort+0.0100%4h0.01349−0.119%$2K$4K5x
OKX BILL-USDT-SWAP+0.0100%4h0.01348−0.167%$1.0M$2.3M20xas long as short
Gate BILL_USDT+0.0100%4h0.01348−0.167%$272K$82K20xas long as short
Bitget BILLUSDT+0.0100%4h0.01350−0.019%$607K$730K20xas long as short
SunX BILL-USDT+0.0100%4h0.01351+0.055%$2K$1.0M20xas long as short
Bybit BILLUSDT+0.0102%4h0.01347−0.241%$1.3M$910K20xas long as short
BingX BILL-USDT+0.0174%4h0.01349−0.093%$1.7Mas long as short
KuCoin BILLUSDTM+0.0198%4h0.01348−0.137%$432K$263K20xas long as short
Extended BILL-USD+0.0216%1h0.01350−0.016%$1K$213K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BILL_USDT+0.0216%4h0.01350−0.019%$869K$301K50xas long as short
Binance BILLUSDTlong+0.0217%4h0.01350long leg$2.3M$3.5M20x
Coinbase International BILL-PERP-INTX+0.0728%1h0.01346−0.307%$46K$96K50xas long as short
Backpack BILL_USDC_PERP+0.0737%1h0.01348−0.167%$21K$9555xas long as short
HTX BILL-USDT+0.1036%4h0.01354+0.278%$19K$29K20xas long as short
Deribit BILL_USDC-PERPETUAL+0.2199%1h0.01351+0.026%$105K$17K10xas long as short