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

FRAX

all FRAX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bitget+0.198%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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.198% dearer against Bitget than usual: you sell high and buy low, +$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FRAXUSDT0.28910.0100pay 0.0050% / 4h2h 54m$143K$34K50x
ShortAster FRAXUSDT0.28960.0100get 0.0050% / 4h2h 54m$21K$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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: +0.198% → 0.000%
$19.77
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$0.23
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 50 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 Bitget live order book, 50 min ago5.49 bp37.4 bp −$37286.6 bp −$2,866doesn'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.

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%4h0.2896+0.198%$21K$13K5x
Binance FRAXUSDT+0.0100%4h0.2894+0.112%$1.5M$791K50xas long as short
Gate FRAX_USDT+0.0100%4h0.2892+0.048%$44K$15K20xas long as short
MEXC FRAX_USDT+0.0100%4h0.2893+0.083%$202K$106K50xas long as short
KuCoin FRAXUSDTM+0.0100%4h0.2893+0.083%$88K$158K50xas long as short
Bitget FRAXUSDTlong+0.0100%4h0.2891long leg$143K$34K50x
BingX FRAX-USDT+0.0100%4h0.2895+0.152%$1.2Mas long as short