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

ELSA

all ELSA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0214%/8h= −23.4% APRnext payment $1.07 per $10,000 · paid last 24h −0.057%
Price spread now: KuCoin against Aster−0.072%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 6 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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.072% cheaper against Aster than usual: you would sell low and buy high (−$7 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 ELSAUSDT0.055920.0314pay 0.0157% / 4h2h 38m$32K$5K5x
ShortKuCoin ELSAUSDTM0.055880.0100get 0.0050% / 4h2h 38m$185K$23K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$44.95
Price spread: −0.072% → 0.000%
−$7.15
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$72.1
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 17 min ago. 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 KuCoin live order book, 17 min ago37.49 bp623.5 bp −$623doesn't fitdoesn't fitdoesn't fit
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.

ELSA on 9 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
Binance ELSAUSDT+0.0100%4h0.05598+0.107%$1.3M$1.2M20xas long as short
Gate ELSA_USDT+0.0100%4h0.05594+0.036%$144K$48K20xas long as short
MEXC ELSA_USDT+0.0100%4h0.05598+0.107%$505K$123K50xas long as short
KuCoin ELSAUSDTMshort+0.0100%4h0.05588−0.072%$185K$23K20x
Variational Omni ELSA+0.0100%4h0.05604+0.208%$1K$461as long as short
Bitget ELSAUSDT+0.0310%4h0.05611+0.340%$468K$164K20xas long as short
Aster ELSAUSDTlong+0.0314%4h0.05592long leg$32K$5K5x
BingX ELSA-USDT+0.1010%4h0.05601+0.161%$1.3Mas long as short
Bybit ELSAUSDT+0.1070%4h0.05594+0.036%$835K$300K20xas long as short