Funding arb · Price arb /

H

all H markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Aster−0.042%7-day average +0.039% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$444as in the Price arb table

costs, in and out, $10k−$4364.362% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.056%+$6 on $10k

Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.042%, 7d avg +0.039%

Together, before fees+0.183%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$18 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: Extended is 0.081% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HUSDT	0.06821	0.0100	pay 0.0050% / 4h	2h 43m	$111K	$55K	5x
Short	Extended H-USD	0.06818	0.0104	get 0.0013% / 1h	43m 23s	$9K	$97K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.042%Rate

Funding earned: $0.84
Price spread: −0.042% → +0.039%: −$8.12
Slippage, 4 orders: −$423.15
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$443.43
Costs to cover: 4.362%
Break-even: 3702.2 days

Slippage from Aster: live order book, 2 min ago; Extended: live order book, 55 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, 2 min ago	5.87 bp	96.7 bp −$97	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 55 min ago	2.94 bp	83.6 bp −$84	doesn't fit	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	−8.370%	$1K	$1	5.5x	as long as short
Aster HUSDTlong	+0.0100%	4h	0.06821	long leg	$111K	$55K	5x
Binance HUSDT	+0.0100%	4h	0.06822	+0.016%	$14.6M	$11.0M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06809	−0.174%	$7.5M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06828	+0.104%	$1.8M	$6.3M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06810	−0.160%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06819	−0.028%	$6.0M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06811	−0.145%	$1.6M	$10.1M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06813	−0.116%	$1.7M	$446K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06819	−0.028%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06785	−0.522%	$8K	$5K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06813	−0.111%	$1.1M	$441K	10x	as long as short
Extended H-USDshort	+0.0104%	1h	0.06818	−0.042%	$9K	$97K	5x
BloFin H-USDT	+0.0105%	4h	0.06803	−0.262%	$590K	$111K	25x	as long as short