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

G

all G markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.5437%/8h= +595.4% APRnext payment +$6.80 per $10,000 · paid last 24h +0.523%
Price spread now: Bitget against Aster−0.645%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$960.964% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+1.114%+$111 on $10k
Price spread, last 7 days+1.328%+$133 · spread now −0.645%, 7d avg +0.002%
Together, before fees+2.443%+ Points / potential airdropAster: Stage 5 · farm board+$244 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.647% cheaper against Aster than usual: you would sell low and buy high (spread −0.645% now, against its 7-day average of +0.002%). If the spread goes back, that is −$65 on $10k: about 10 hours of funding at the current rate (+$163 a day). At the pace of the last 5 days (+1.114% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 1.114% in total (about 77.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GUSDT0.006361−1.0869get 0.1359% / 1h50m 04s$623K$2.3M5x
ShortBitget GUSDT0.006320−0.5432pay 0.0679% / 1h50m 04s$1.4M$11.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$1,141.83
Price spread: −0.645% → +0.002%
−$64.7
Slippage, 4 orders
−$76.42
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$980.71
Costs to cover
0.964%
Break-even
1.0 days
Slippage from Aster: live order book, 3 min ago; Bitget: live order book, 3 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 Aster live order book, 3 min ago5.53 bp28.0 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago5.54 bp18.5 bp −$1895.6 bp −$956doesn't fitdoesn't fit

G 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
Binance GUSDT−1.1282%1h0.006322−0.606%$8.9M$87.5M50xas long as short
MEXC G_USDT−1.1272%1h0.006322−0.613%$4.1M$1.5M20xas long as short
Aster GUSDTlong−1.0869%1h0.006361long leg$623K$2.3M5x
Gate G_USDT−1.0640%1h0.006318−0.676%$883K$6.3M25xas long as short
KuCoin GUSDTM−0.5728%1h0.006293−1.069%$1.6M$1.6M30xas long as short
Bitget GUSDTshort−0.5432%1h0.006320−0.645%$1.4M$11.1M50x
BingX G-USDT−0.2536%1h0.006321−0.629%$3.3Mas long as short