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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0270%/8h= −29.6% APRnext payment $1.35 per $10,000 · paid last 24h −0.037%
Price spread now: Bitget against Aster+0.133%7-day average −0.040% · you sell dearer than you buy
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−$1081.079% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.456%−$46 on $10k
Price spread, last 7 days+0.056%+$6 · spread now +0.133%, 7d avg −0.040%
Together, before fees−0.400%+ Points / potential airdropAster: Stage 5 · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.173% dearer against Aster than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of −0.040%): +$17 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BRUSDT1.08740.0518pay 0.0259% / 4h2h 51m$648K$2.9M5x
ShortBitget BRUSDT1.08880.0248get 0.0124% / 4h2h 51m$8.0M$12.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$56.79
Price spread: +0.133% → −0.040%
$17.3
Slippage, 4 orders
−$87.88
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$147.37
Costs to cover
1.079%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; Bitget: live order book, 2 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 ago5.49 bp24.9 bp −$25241.3 bp −$2,413doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago4.38 bp31.5 bp −$32doesn't fitdoesn'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
BingX BR-USDT+0.0080%4h1.0885+0.102%$6.2Mas long as short
Bybit BRUSDT+0.0100%4h1.0856−0.164%$10.5M$25.9M5xas long as short
Gate BR_USDT+0.0100%4h1.0873−0.003%$7.3M$8.5M20xas long as short
KuCoin BRUSDTM+0.0100%4h1.0870−0.031%$4.7M$5.2M30xas long as short
Variational Omni BR+0.0100%4h1.0941+0.621%$257K$291Kas long as short
SunX BR-USDT+0.0100%4h1.0925+0.473%$722K10xas long as short
HTX BR-USDT+0.0100%4h1.0957+0.770%$83K$246K20xas long as short
Bitget BRUSDTshort+0.0248%4h1.0888+0.133%$8.0M$12.4M10x
Aster BRUSDTlong+0.0518%4h1.0874long leg$648K$2.9M5x
Binance BRUSDT+0.1165%4h1.0867−0.059%$52.0M$162.2M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.1174%4h1.0888+0.129%$14.9M$7.4M100xas long as short