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

IN

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0532%/8h= −58.3% APRnext payment $2.66 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Aster−1.223%7-day average +0.190% · you buy dearer than you sell
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 5 days (all we have)−0.034%−$3 on $10k
Price spread, last 4 days (all we have)+1.594%+$159 · spread now −1.223%, 7d avg +0.190%
Together, before fees+1.560%+ Points / potential airdropAster: Stage 5 · farm board+$156 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bitget is 1.413% cheaper against Aster than usual: you would sell low and buy high (−$141 if the spread goes back to its 7-day average of +0.190%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.034% in total (about -2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.66 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 INUSDT0.037450.0632pay 0.0316% / 4h56m 48s$138K$7K5x
ShortBitget INUSDT0.036990.0100get 0.0050% / 4h56m 48s$884K$422K25x

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
−$111.74
Price spread: −1.223% → +0.190%
−$141.33
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$273.07
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 64 min ago; Bitget: live order book, 64 min ago. 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 Aster live order book, 64 min ago8.39 bp44.8 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 64 min ago5.58 bp45.1 bp −$45doesn't fitdoesn't fitdoesn't fit

IN on 9 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
Bybit INUSDT+0.0100%4h0.03682−1.677%$906K$459K20xas long as short
KuCoin INUSDTM+0.0100%4h0.03708−0.983%$307K$95K30xas long as short
Bitget INUSDTshort+0.0100%4h0.03699−1.223%$884K$422K25x
Variational Omni IN+0.0100%4h0.03776+0.826%$1K$6as long as short
Gate IN_USDT+0.0502%4h0.03717−0.743%$259K$212K50xas long as short
Aster INUSDTlong+0.0632%4h0.03745long leg$138K$7K5x
BingX IN-USDT+0.0746%4h0.03710−0.929%$2.3Mas long as short
MEXC IN_USDT+0.0770%4h0.03715−0.796%$293K$99K20xas long as short
Binance INUSDT+0.0771%4h0.03717−0.740%$2.1M$2.6M25xas long as short