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

BILL

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0724%/8h= −79.3% APRnext payment $3.62 per $10,000 · paid last 24h −0.109%
Price spread now: Aster against KuCoin−0.297%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 6 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 −$22 a day on $10k at the current rate, and Aster is 0.297% cheaper against KuCoin than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BILLUSDTM0.013760.0824pay 0.0412% / 4h1h 07m$450K$345K20x
ShortAster BILLUSDT0.013720.0100get 0.0050% / 4h1h 07m$3K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
−$152.04
Price spread: −0.297% → 0.000%
−$29.65
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$201.69
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 36 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 KuCoin live order book, 36 min ago9.52 bp681.3 bp −$681doesn't fitdoesn'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
Aster BILLUSDTshort+0.0100%4h0.01372−0.297%$3K$5K5x
Bybit BILLUSDT+0.0100%4h0.01373−0.189%$1.3M$1.1M20xas long as short
Gate BILL_USDT+0.0100%4h0.01375−0.044%$302K$125K20xas long as short
Backpack BILL_USDC_PERP+0.0100%1h0.01371−0.334%$21K$8765xas long as short
SunX BILL-USDT+0.0100%4h0.01375−0.044%$1K$1.3M20xas long as short
HTX BILL-USDT+0.0100%4h0.01371−0.334%$11K$40K20xas long as short
BloFin BILL-USDT+0.0160%4h0.01368−0.552%$147K$17K20xas long as short
Extended BILL-USD+0.0232%1h0.01375−0.073%$4K$258K5xas long as short
MEXC BILL_USDT+0.0232%4h0.01375−0.044%$1.0M$341K50xas long as short
Bitget BILLUSDT+0.0232%4h0.01376+0.029%$660K$1.4M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BILLUSDT+0.0237%4h0.01376+0.029%$2.5M$4.4M20xas long as short
BingX BILL-USDT+0.0388%4h0.01375−0.044%$1.7Mas long as short
OKX BILL-USDT-SWAP+0.0525%4h0.01379+0.247%$1.2M$3.0M20xas long as short
Coinbase International BILL-PERP-INTX+0.0808%1h0.01364−0.807%$38K$100K50xas long as short
KuCoin BILLUSDTMlong+0.0824%4h0.01376long leg$450K$345K20x
Deribit BILL_USDC-PERPETUAL+0.4065%1h0.01373−0.174%$149K$53K10xas long as short