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

COLLECT

all COLLECT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0360%/8h= +39.4% APRnext payment +$1.80 per $10,000 · paid last 24h +0.055%
Price spread now: BingX against Aster+0.143%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2852.849% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.155%+$16 on $10k
Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.143%, 7d avg +0.009%
Together, before fees+0.030%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BingX is 0.134% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.009%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.155% in total (about 10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.80 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 COLLECTUSDT0.017650.0100pay 0.0050% / 4h3h 19m$350K$31K5x
ShortBingX COLLECT-USDT0.017680.0460get 0.0230% / 4h3h 19m$2.3M

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
$75.6
Price spread: +0.143% → +0.009%
$13.42
Slippage, 4 orders
−$266.95
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$195.92
Costs to cover
2.849%
Break-even
25.1 days
Slippage from Aster: live order book, 52 min ago; BingX: live order book, 14 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, 52 min ago14.39 bp94.2 bp −$94doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 14 min ago5.65 bp54.9 bp −$55183.3 bp −$1,833doesn't fitdoesn't fit

COLLECT on 8 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 COLLECTUSDTlong+0.0100%4h0.01765long leg$350K$31K5x
Gate COLLECT_USDT+0.0100%4h0.01769+0.199%$256K$50K20xas long as short
KuCoin COLLECTUSDTM+0.0100%4h0.01765−0.027%$711K$63K20xas long as short
BloFin COLLECT-USDT+0.0448%4h0.01773+0.426%$328K$6K20xas long as short
BingX COLLECT-USDTshort+0.0460%4h0.01768+0.143%$2.3M
Binance COLLECTUSDT+0.0462%4h0.01767+0.106%$5.0M$1.9M20xas long as short
Extended COLLECT-USD+0.0464%1h0.01767+0.064%$9K$296K5xas long as short
MEXC COLLECT_USDT+0.0470%4h0.01767+0.086%$526K$125K50xas long as short