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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0666%/8h= +73.0% APRnext payment +$3.33 per $10,000 · paid last 24h +0.164%
Price spread now: Binance against Aster+0.044%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$800.804% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+1.174%+$117 on $10k
Price spread, last 7 days+0.071%+$7 · spread now +0.044%, 7d avg +0.128%
Together, before fees+1.245%+ Points / potential airdropAster: Stage 5 · farm board+$125 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.084% cheaper against Aster than usual: you would sell low and buy high (spread +0.044% now, against its 7-day average of +0.128%). If the spread goes back, that is −$8 on $10k: about 10 hours of funding at the current rate (+$20 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BRUSDT1.13950.0222pay 0.0111% / 4h3h 23m$663K$2.2M5x
ShortBinance BRUSDT1.14000.0888get 0.0444% / 4h3h 23m$54.3M$127.1M25x

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
$139.92
Price spread: +0.044% → +0.128%
−$8.42
Slippage, 4 orders
−$62.36
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$51.15
Costs to cover
0.804%
Break-even
4.4 days
Slippage from Aster: live order book, 5 min ago; Binance: live order book, 5 min ago.

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 live order book, 5 min ago7.36 bp21.7 bp −$22252.5 bp −$2,525doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago2.19 bp15.6 bp −$1651.5 bp −$515doesn't fitdoesn't fit

BR on 11 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 BRUSDT+0.0100%4h1.1392−0.026%$11.1M$21.0M5xas long as short
SunX BR-USDT+0.0100%4h1.1418+0.204%$731K10xas long as short
HTX BR-USDT+0.0100%4h1.1448+0.468%$87K$221K20xas long as short
Variational Omni BR+0.0105%4h1.1385−0.084%$271K$253Kas long as short
BingX BR-USDT+0.0188%4h1.1397+0.023%$5.5Mas long as short
Aster BRUSDTlong+0.0222%4h1.1395long leg$663K$2.2M5x
KuCoin BRUSDTM+0.0318%4h1.1421+0.235%$5.0M$4.7M30xas long as short
Bitget BRUSDT+0.0390%4h1.1412+0.155%$8.3M$9.2M10xas long as short
Gate BR_USDT+0.0416%4h1.1404+0.085%$7.5M$7.8M20xas long as short
MEXC BR_USDT+0.0888%4h1.1407+0.109%$15.4M$6.1M100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDTshort+0.0888%4h1.1400+0.044%$54.3M$127.1M25x