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: Aster against Binance+0.088%7-day average −0.066% · 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−$440as in the Price arb table

costs, in and out, $10k−$4564.558% of the position

Long on Binance Short on Aster

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)−0.125%−$12 · spread now +0.088%, 7d avg −0.066%

Together, before fees−0.170%+ Points / potential airdropAster: Stage 5 · farm board−$17 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: Aster is 0.155% dearer against Binance than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HUSDT	0.07037	0.0100	pay 0.0050% / 4h	3h 44m	$15.1M	$10.6M	10x
Short	Aster HUSDT	0.07043	0.0100	get 0.0050% / 4h	3h 44m	$116K	$55K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now +0.088%Rate

Funding earned: $0
Price spread: +0.088% → −0.066%: $15.46
Slippage, 4 orders: −$437.81
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$440.35
Costs to cover: 4.558%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Aster: live order book, 26 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 Binance live order book, 11 min ago	1.41 bp	36.5 bp −$36	247.9 bp −$2,479	doesn't fit	doesn't fit
Sell Aster live order book, 26 min ago	6.40 bp	326.9 bp −$327	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	−11.182%	$1K	$1	5.5x	as long as short
Aster HUSDTshort	+0.0100%	4h	0.07043	+0.088%	$116K	$55K	5x
Binance HUSDTlong	+0.0100%	4h	0.07037	long leg	$15.1M	$10.6M	10x
Bybit HUSDT	+0.0100%	4h	0.07031	−0.083%	$7.7M	$4.6M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.07039	+0.031%	$1.8M	$6.0M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.07028	−0.126%	$2.9M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.07040	+0.045%	$6.3M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.07031	−0.083%	$1.6M	$10.0M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.07022	−0.211%	$1.7M	$450K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.07037	+0.002%	—	$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	0.07007	−0.418%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.07024	−0.180%	$1.2M	$437K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.07038	+0.022%	$9K	$107K	5x	as long as short
BloFin H-USDT	+0.0136%	4h	0.07047	+0.144%	$602K	$118K	25x	as long as short