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

BULLA

all BULLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1646%/8h= +180.2% APRnext payment +$8.23 per $10,000 · paid last 24h −0.028%
Price spread now: Gate against Aster+0.550%7-day average +0.206% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
costs, in and out, $10k−$4774.767% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.129%−$13 on $10k
Price spread, last 7 days−0.452%−$45 · spread now +0.550%, 7d avg +0.206%
Together, before fees−0.581%+ Points / potential airdropAster: Stage 5 · farm board−$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and Gate is 0.344% dearer against Aster than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.206%. Mind the row above: over the last 5 days funding on this pair cost −0.129%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.129% in total (about -8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BULLAUSDT0.10660.0150pay 0.0075% / 4h2h 09m$6.0M$1.1M5x
ShortGate BULLA_USDT0.10710.1796get 0.0898% / 4h2h 09m$1.3M$315K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$345.64
Price spread: +0.550% → +0.206%
$34.43
Slippage, 4 orders
−$453.73
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$96.65
Costs to cover
4.767%
Break-even
9.0 days
Slippage from Aster: live order book, 4 min ago; Gate: 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, 4 min ago7.54 bp49.3 bp −$49442.6 bp −$4,426doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago2.93 bp148.1 bp −$148doesn't fitdoesn't fitdoesn't fit

BULLA on 5 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 BULLAUSDTlong+0.0150%4h0.1066long leg$6.0M$1.1M5x
BingX BULLA-USDT+0.1488%4h0.1067+0.173%$6.6Mas long as short
Binance BULLAUSDT+0.1510%4h0.1067+0.182%$11.8M$9.8M10xas long as short
MEXC BULLA_USDT+0.1522%4h0.1067+0.182%$7.7M$423K20xas long as short
Gate BULLA_USDTshort+0.1796%4h0.1071+0.550%$1.3M$315K10x