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

FHE

all FHE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0297%/8h= +32.5% APRnext payment +$1.48 per $10,000 · paid last 24h +0.041%
Price spread now: Binance against Aster−0.046%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
Funding pays, the price is against you. Binance is 0.046% cheaper against Aster than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster FHEUSDT0.021850.0738pay 0.0369% / 4h3h 40m$16K$2K5x
ShortBinance FHEUSDT0.021840.1035get 0.0517% / 4h3h 40m$2.9M$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$62.36
Price spread: −0.046% → 0.000%
−$4.61
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$39.75
Costs to cover
0.180%
Break-even
2.5 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 10 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 Binance live order book, 10 min ago4.59 bp32.9 bp −$33276.4 bp −$2,764doesn'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.

FHE 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
Bybit FHEUSDT+0.0100%4h0.02179−0.275%$1.5M$570K13xas long as short
Gate FHE_USDT+0.0100%8h0.02180−0.229%$604K$67K10xas long as short
KuCoin FHEUSDTM+0.0218%4h0.02181−0.183%$628K$8.6M10xas long as short
Aster FHEUSDTlong+0.0738%4h0.02185long leg$16K$2K5x
BingX FHE-USDT+0.1016%4h0.02181−0.183%$6.5Mas long as short
Extended FHE-USD+0.1032%1h0.02183−0.073%$3K$203K5xas long as short
MEXC FHE_USDT+0.1034%4h0.02184−0.046%$790K$332K50xas long as short
Binance FHEUSDTshort+0.1035%4h0.02184−0.046%$2.9M$1.6M10x