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

FHE

all FHE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0283%/8h= +31.0% APRpaid last 24h +0.036%
Price spread now: Extended against Aster+0.163%7-day average · you sell dearer than you buy
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 · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.163% dearer against Aster than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster FHEUSDT0.022200.0573pay 0.0286% / 4h2h 44m$17K$2K5x
ShortExtended FHE-USD0.022230.0856get 0.0107% / 1h44m 07s$5K$197K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$59.53
Price spread: +0.163% → 0.000%
$16.29
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$62.82
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Extended: live order book, 19 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 Extended live order book, 19 min ago3.85 bp94.8 bp −$95doesn'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.

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%4h0.02219−0.036%$1.5M$501K13xas long as short
Gate FHE_USDT+0.0100%8h0.02219−0.036%$613K$73K10xas long as short
Aster FHEUSDTlong+0.0573%4h0.02220long leg$17K$2K5x
BingX FHE-USDT+0.0810%4h0.02222+0.099%$6.5Mas long as short
Extended FHE-USDshort+0.0856%1h0.02223+0.163%$5K$197K5x
MEXC FHE_USDT+0.0856%4h0.02224+0.189%$846K$302K50xas long as short
Binance FHEUSDT+0.0857%4h0.02224+0.189%$3.0M$1.5M10xas long as short
KuCoin FHEUSDTM+0.1058%4h0.02220+0.009%$654K$9.2M10xas long as short