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

BR

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0432%/8h= −47.3% APRnext payment $2.16 per $10,000 · paid last 24h −0.146%
Price spread now: BingX against Aster−0.042%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$800.803% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.625%−$63 on $10k
Price spread, last 7 days+0.104%+$10 · spread now −0.042%, 7d avg +0.068%
Together, before fees−0.521%+ Points / potential airdropAster: Stage 5 · farm board−$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and BingX is 0.111% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BRUSDT1.10390.0512pay 0.0256% / 4h1h 01m$723K$2.7M5x
ShortBingX BR-USDT1.10350.0080get 0.0040% / 4h1h 01m$6.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$90.79
Price spread: −0.042% → +0.068%
−$11.07
Slippage, 4 orders
−$62.3
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$182.16
Costs to cover
0.803%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; BingX: live order book, 13 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, 2 min ago6.70 bp18.7 bp −$19432.3 bp −$4,323doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago1.40 bp15.2 bp −$1550.1 bp −$501278.8 bp −$27.9K789.0 bp −$394.5K

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
BingX BR-USDTshort+0.0080%4h1.1035−0.042%$6.3M
Bybit BRUSDT+0.0100%4h1.1034−0.048%$10.7M$25.8M5xas long as short
Gate BR_USDT+0.0100%4h1.1031−0.070%$7.4M$8.7M20xas long as short
Variational Omni BR+0.0100%4h1.1041+0.020%$262K$296Kas long as short
SunX BR-USDT+0.0100%4h1.1042+0.028%$693K10xas long as short
HTX BR-USDT+0.0100%4h1.1087+0.431%$85K$238K20xas long as short
KuCoin BRUSDTM+0.0200%4h1.1043+0.032%$4.9M$5.4M30xas long as short
Aster BRUSDTlong+0.0512%4h1.1039long leg$723K$2.7M5x
Bitget BRUSDT+0.0620%4h1.1043+0.036%$8.1M$12.6M10xas long as short
MEXC BR_USDT+0.1262%4h1.1056+0.151%$15.3M$7.5M100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.1264%4h1.1054+0.137%$53.0M$162.5M25xas long as short