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

FF

all FF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0600%/8h= +65.7% APRnext payment +$3.00 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against Aster+0.044%7-day average −0.086% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1431.426% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.369%+$37 on $10k
Price spread, last 7 days−0.550%−$55 · spread now +0.044%, 7d avg −0.086%
Together, before fees−0.180%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Gate is 0.130% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster FFUSDT0.12740.0100pay 0.0050% / 4h2h 32m$1.2M$26K5x
ShortGate FF_USDT0.12740.0700get 0.0350% / 4h2h 32m$26.8M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$126
Price spread: +0.044% → −0.086%
$13.01
Slippage, 4 orders
−$119.59
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$3.58
Costs to cover
1.426%
Break-even
7.2 days
Slippage from Aster: live order book, just now; Gate: live order book, 1 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, just now0.39 bp82.2 bp −$82doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago2.75 bp26.2 bp −$26136.6 bp −$1,366doesn't fitdoesn't fit

FF on 11 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 FFUSDTlong+0.0100%4h0.1274long leg$1.2M$26K5x
Binance FFUSDT+0.0100%4h0.1272−0.105%$43.0M$16.0M20xas long as short
Bybit FFUSDT+0.0100%4h0.1272−0.097%$14.4M$4.0M20xas long as short
MEXC FF_USDT+0.0100%4h0.1272−0.144%$10.1M$688K50xas long as short
Bitget FFUSDT+0.0100%4h0.1273−0.066%$18.5M$945K5xas long as short
BingX FF-USDT+0.0100%4h0.1273−0.019%$6.6Mas long as short
SunX FF-USDT+0.0100%4h0.1268−0.443%$2K$1.1M20xas long as short
BloFin FF-USDT+0.0110%4h0.1271−0.192%$2.3M$133K20xas long as short
KuCoin FFUSDTM+0.0430%4h0.1275+0.099%$8.5M$4.2M20xas long as short
Gate FF_USDTshort+0.0700%4h0.1274+0.044%$26.8M$1.3M50x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0944%1h0.1276+0.201%$135K$27K3xas long as short