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

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0288%/8h= +31.5% APRnext payment +$1.44 per $10,000 · paid last 24h +0.008%
Price spread now: Aster against BloFin+0.141%52s7-day average +0.188% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1151.147% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.085%+$9 on $10k
Price spread, last 3 days (all we have)+0.031%+$3 · spread now +0.141%, 7d avg +0.188%
Together, before fees+0.116%+ Points / potential airdropAster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.047% cheaper against BloFin than usual: you would sell low and buy high (spread +0.141% now, against its 7-day average of +0.188%). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$9 a day). At the pace of the last 5 days (+0.085% in total) that is about 2.9 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.085% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.44 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
LongBloFin FF-USDT0.1272−0.0188get 0.0094% / 4h1h 44m$2.3M$442K20x
ShortAster FFUSDT0.12740.0100get 0.0050% / 4h1h 44m$1.2M$33K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
$60.44
Price spread: +0.141% → +0.188%
−$4.7
Slippage, 4 orders
−$94.72
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$58.98
Costs to cover
1.147%
Break-even
13.8 days
Slippage from BloFin: live order book, 4 min ago; Aster: live order book, 4 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 BloFin live order book, 4 min ago0.79 bp11.3 bp −$1134.3 bp −$343doesn't fitdoesn't fit
Sell Aster live order book, 4 min ago11.78 bp26.9 bp −$27doesn't fitdoesn'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
Binance FFUSDT−0.0200%4h0.1273+0.078%$43.0M$51.3M20xas long as short
MEXC FF_USDT−0.0198%4h0.1274+0.094%$10.0M$3.6M50xas long as short
BloFin FF-USDTlong−0.0188%4h0.1272long leg$2.3M$442K20x
Bybit FFUSDT+0.0040%4h0.1273+0.063%$14.3M$13.0M20xas long as short
Lighter FF+0.0096%1h0.1277+0.369%$135K$65K3xas long as short
Aster FFUSDTshort+0.0100%4h0.1274+0.141%$1.2M$33K5x
Gate FF_USDT+0.0100%4h0.1275+0.220%$26.9M$3.5M50xas long as short
KuCoin FFUSDTM+0.0100%4h0.1276+0.275%$8.6M$6.7M20xas long as short
Bitget FFUSDT+0.0100%4h0.1275+0.189%$18.5M$4.8M5xas long as short
BingX FF-USDT+0.0100%4h0.1274+0.094%$7.1Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX FF-USDT+0.0100%4h0.1273+0.016%$2K$2.8M20xas long as short