Funding arb · Price arb /

H

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Swap Backtest

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: Binance against Aster+0.121%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$434as in the Price arb table

costs, in and out, $10k−$4394.393% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.045%+$4 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.121%, 7d avg +0.069%

Together, before fees+0.043%+ Points / potential airdropAster: Stage 5 · farm board+$4 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: Binance is 0.052% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HUSDT	0.06714	0.0100	pay 0.0050% / 4h	1h 19m	$110K	$57K	5x
Short	Binance HUSDT	0.06722	0.0100	get 0.0050% / 4h	1h 19m	$14.4M	$11.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now +0.121%Rate

Funding earned: $0
Price spread: +0.121% → +0.069%: $5.23
Slippage, 4 orders: −$421.29
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$434.06
Costs to cover: 4.393%
Break-even: never at this rate

Slippage from Aster: live order book, 41 min ago; Binance: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 41 min ago	3.68 bp	79.2 bp −$79	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	2.99 bp	35.7 bp −$36	199.8 bp −$1,998	doesn't fit	doesn't fit

H on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.909%	$1K	$1	5.5x	as long as short
KuCoin HUSDTM	+0.0046%	4h	0.06708	−0.087%	$1.6M	$10.0M	8x	as long as short
BloFin H-USDT	+0.0053%	4h	0.06709	−0.072%	$580K	$110K	25x	as long as short
Aster HUSDTlong	+0.0100%	4h	0.06714	long leg	$110K	$57K	5x
Binance HUSDTshort	+0.0100%	4h	0.06722	+0.121%	$14.4M	$11.1M	10x
Bybit HUSDT	+0.0100%	4h	0.06706	−0.112%	$7.4M	$4.8M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06730	+0.241%	$1.8M	$6.1M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06714	+0.002%	$2.7M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06719	+0.077%	$6.0M	$1.1M	20x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06702	−0.176%	$1.7M	$456K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.06720	+0.092%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06692	−0.329%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06713	−0.013%	$1.1M	$434K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06717	+0.050%	$10K	$101K	5x	as long as short