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−0.0628%/8h= −68.8% APRnext payment $3.14 per $10,000 · paid last 24h −0.092%
Price spread now: Aster against BingX−0.076%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 −$19 a day on $10k at the current rate, and Aster is 0.076% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ELSA-USDT0.056090.1040pay 0.0520% / 4h1h 08m$1.3M
ShortAster ELSAUSDT0.056050.0412get 0.0206% / 4h1h 08m$32K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
−$131.97
Price spread: −0.076% → 0.000%
−$7.62
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$157.59
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 5 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago1.78 bp27.1 bp −$27247.6 bp −$2,476doesn't fitdoesn't fit
Sell Aster no order-book sample
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%4h0.056090.000%$1.3M$1.2M20xas long as short
Gate ELSA_USDT+0.0100%4h0.05610+0.018%$145K$51K20xas long as short
MEXC ELSA_USDT+0.0100%4h0.056090.000%$505K$119K50xas long as short
KuCoin ELSAUSDTM+0.0100%4h0.05608−0.018%$187K$23K20xas long as short
Variational Omni ELSA+0.0100%4h0.05602−0.117%$1K$461as long as short
Aster ELSAUSDTshort+0.0412%4h0.05605−0.076%$32K$5K5x
Bitget ELSAUSDT+0.0434%4h0.05615+0.107%$458K$150K20xas long as short
BingX ELSA-USDTlong+0.1040%4h0.05609long leg$1.3M
Bybit ELSAUSDT+0.1160%4h0.05607−0.036%$836K$319K20xas long as short