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

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h −0.056%
Price spread now: Aster against MEXC−0.340%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 5 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 −$9 a day on $10k at the current rate, and Aster is 0.340% cheaper against MEXC than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC FONE_USDT0.0048800.0400pay 0.0200% / 4h2h 54m$207K$120K20x
ShortAster FONEUSDT0.0048630.0100get 0.0013% / 1h54m 14s$29K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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
−$63
Price spread: −0.340% → 0.000%
−$34.04
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$109.04
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 60 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 MEXC live order book, 60 min ago29.70 bp488.6 bp −$489976.1 bp −$9,761doesn'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.

FONE on 4 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 FONEUSDTshort+0.0100%1h0.004863−0.340%$29K$4K5x
Gate FONE_USDT+0.0100%4h0.004865−0.307%$143K$93K10xas long as short
MEXC FONE_USDTlong+0.0400%4h0.004880long leg$207K$120K20x
BingX FONE-USDT+0.0400%4h0.004886+0.123%$471Kas long as short