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

CC

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.001%
Price spread now: Paradex against Aster−0.180%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.180% cheaper against Aster than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CCUSDT0.11740.0100pay 0.0050% / 4h2h 54m$35K$39K20x
ShortParadex CC-USD-PERP0.11720.0082get 0.0082% / 8h6h 54m$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$3.86
Price spread: −0.180% → 0.000%
−$18.01
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$33.87
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Paradex: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Paradex no order-book sample
Aster and Paradex: 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.

CC on 19 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
Injective CC/USDC PERP−0.3556%1h0.1184+0.874%$6K$965.5xas long as short
MEXC CC_USDT−0.0526%4h0.1172−0.157%$1.6M$313K100xas long as short
Bybit CCUSDT−0.0480%4h0.1169−0.361%$10.6M$3.8M25xas long as short
Paradex CC-USD-PERPshort+0.0082%8h0.1172−0.180%$1K5x
Gate CC_USDT+0.0088%4h0.1172−0.114%$362K$214K50xas long as short
Hyperliquid CC+0.0100%1h0.1173−0.055%$5.5M$1.4M3xas long as short
Aster CCUSDTlong+0.0100%4h0.1174long leg$35K$39K20x
Binance CCUSDT+0.0100%4h0.1169−0.361%$11.0M$11.9M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1172−0.191%$2.5M$3.5M20xas long as short
KuCoin CCUSDTM+0.0100%4h0.1173−0.072%$494K$120K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1171−0.225%$922K$801K20xas long as short
BingX CC-USDT+0.0100%4h0.1171−0.242%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1171−0.217%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1179+0.415%$601K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1185+0.925%$82K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1170−0.288%$6K$36K6.7xas long as short
Lighter CC+0.0208%1h0.1177+0.312%$233K$150K5xas long as short
BloFin CC-USDT+0.0340%4h0.1171−0.268%$592K$101K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0448% / S −0.0241%1h0.1172−0.133%$44K50xas long as short