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

FRAX

all FRAX markets
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: BingX against Aster+0.107%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 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.107% dearer against Aster than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster FRAXUSDT0.29100.0100pay 0.0050% / 4h1h 22m$16K$6K5x
ShortBingX FRAX-USDT0.29130.0100get 0.0050% / 4h1h 22m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$0
Price spread: +0.107% → 0.000%
$10.68
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$7.32
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BingX: live order book, 8 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 BingX live order book, 8 min ago5.15 bp35.8 bp −$36149.9 bp −$1,499661.0 bp −$66.1K1041.4 bp −$520.7K
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.

FRAX on 7 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 FRAXUSDTlong+0.0100%4h0.2910long leg$16K$6K5x
Binance FRAXUSDT+0.0100%4h0.2913+0.107%$1.5M$941K50xas long as short
Gate FRAX_USDT+0.0100%4h0.2909−0.031%$42K$16K20xas long as short
MEXC FRAX_USDT+0.0100%4h0.2912+0.072%$203K$109K50xas long as short
KuCoin FRAXUSDTM+0.0100%4h0.2909−0.031%$96K$156K50xas long as short
Bitget FRAXUSDT+0.0100%4h0.2913+0.117%$147K$40K50xas long as short
BingX FRAX-USDTshort+0.0100%4h0.2913+0.107%$1.2M