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: Aster against BingX−0.013%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FRAX-USDT0.29110.0100pay 0.0050% / 4h55m 13s$1.2M
ShortAster FRAXUSDT0.29110.0100get 0.0050% / 4h55m 13s$20K$10K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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: −0.013% → 0.000%
−$1.33
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$19.33
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 2 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 BingX live order book, 2 min ago6.88 bp27.4 bp −$27123.7 bp −$1,237896.2 bp −$89.6K1213.8 bp −$606.9K
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.

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 FRAXUSDTshort+0.0100%4h0.2911−0.013%$20K$10K5x
Binance FRAXUSDT+0.0100%4h0.2911−0.013%$1.5M$941K50xas long as short
Gate FRAX_USDT+0.0100%4h0.2909−0.069%$42K$14K20xas long as short
MEXC FRAX_USDT+0.0100%4h0.2910−0.034%$203K$108K50xas long as short
KuCoin FRAXUSDTM+0.0100%4h0.2913+0.069%$96K$156K50xas long as short
Bitget FRAXUSDT+0.0100%4h0.2910−0.038%$147K$40K50xas long as short
BingX FRAX-USDTlong+0.0100%4h0.2911long leg$1.2M