Funding arb · Price arb /

CAP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Aster against Orderly+0.188%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.188% dearer against Orderly than usual: you sell high and buy low, +$19 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_CAP_USDC_mythos	0.04614	0.0100	pay 0.0050% / 4h	56m 56s	$4K	$1K	10x
Short	Aster CAPUSDT	0.04622	0.0100	get 0.0050% / 4h	56m 56s	$26K	$67K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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

Position, each leg$Hold fordaysFee OrderlybpFee AsterbpOrdersPrice spread, now +0.188%Rate

Funding earned: $0
Price spread: +0.188% → 0.000%: $18.76
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: $4.76
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Orderly no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Orderly and 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.

CAP on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin CAPUSDTM	−0.0374%	4h	0.04625	+0.249%	$4.4M	$1.4M	10x	as long as short
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04618	+0.099%	—	—	150x	as long as short
BingX CAP-USDT	+0.0070%	4h	0.04626	+0.271%	—	$1.6M	—	as long as short
Lighter CAP	+0.0096%	1h	0.04618	+0.093%	$19K	$2K	3x	as long as short
Aster CAPUSDTshort	+0.0100%	4h	0.04622	+0.188%	$26K	$67K	5x
Binance CAPUSDT	+0.0100%	4h	0.04628	+0.315%	$8.9M	$9.0M	10x	as long as short
Bybit CAPUSDT	+0.0100%	4h	0.04628	+0.314%	$4.5M	$4.2M	10x	as long as short
OKX CAP-USDT-SWAP	+0.0100%	4h	0.04627	+0.293%	$2.1M	$7.3M	10x	as long as short
Gate CAP_USDT	+0.0100%	4h	0.04622	+0.184%	$325K	$1.2M	20x	as long as short
MEXC CAP_USDT	+0.0100%	4h	0.04626	+0.271%	$548K	$225K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CAPUSDT	+0.0100%	4h	0.04626	+0.271%	$1.1M	$595K	10x	as long as short
Variational Omni CAP	+0.0100%	4h	0.04605	−0.183%	$8K	$8K	—	as long as short
Orderly PERP_CAP_USDC_mythoslong	+0.0100%	4h	0.04614	long leg	$4K	$1K	10x
BloFin CAP-USDT	+0.0101%	4h	0.04624	+0.228%	$374K	$60K	10x	as long as short