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

FORM

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Binance−0.226%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1031.029% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.019%−$2 on $10k
Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.226%, 7d avg −0.003%
Together, before fees+0.172%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.224% cheaper against Binance than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FORMUSDT0.32830.0100pay 0.0050% / 4h57m 13s$17.1M$160.4M50x
ShortAster FORMUSDT0.32750.0100get 0.0050% / 4h57m 13s$45K$934K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$0
Price spread: −0.226% → −0.003%
−$22.36
Slippage, 4 orders
−$84.87
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$125.24
Costs to cover
1.029%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; Aster: 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 Binance live order book, 1 min ago3.05 bp16.5 bp −$1780.5 bp −$805592.9 bp −$59.3Kdoesn't fit
Sell Aster live order book, 1 min ago9.16 bp38.0 bp −$38doesn't fitdoesn't fitdoesn't fit

FORM on 10 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
gTrade (Gains Network) FORM/USDL −0.0007% / S +0.0008%1h0.3272−0.320%as long as short
Aster FORMUSDTshort+0.0100%4h0.3275−0.226%$45K$934K5x
Binance FORMUSDTlong+0.0100%4h0.3283long leg$17.1M$160.4M50x
Gate FORM_USDT+0.0100%4h0.3269−0.414%$701K$4.8M50xas long as short
MEXC FORM_USDT+0.0100%4h0.3279−0.110%$1.7M$9.3M100xas long as short
Bitget FORMUSDT+0.0100%4h0.3281−0.049%$1.1M$9.6M50xas long as short
BloFin FORM-USDT+0.0144%4h0.3281−0.049%$1.0M$382K50xas long as short
KuCoin FORMUSDTM+0.0248%4h0.3282−0.018%$351K$1.4M30xas long as short
Bybit FORMUSDT+0.0413%4h0.3281−0.049%$2.2M$13.3M20xas long as short
BingX FORM-USDT+0.0434%4h0.3271−0.353%$3.8Mas long as short