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

IN

all IN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0113%/8h= +12.4% APRnext payment +$0.57 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Aster−0.312%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$575as in the Price arb table
costs, in and out, $10k−$5345.343% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.497%+$50 · spread now −0.312%, 7d avg +0.091%
Together, before fees+0.494%+ Points / potential airdropAster: Stage 5 · farm board+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.403% cheaper against Aster than usual: you would sell low and buy high (spread −0.312% now, against its 7-day average of +0.091%). If the spread goes back, that is −$40 on $10k: about 12 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster INUSDT0.038230.0763pay 0.0381% / 4h29m 38s$141K$11K5x
ShortMEXC IN_USDT0.038110.0876get 0.0438% / 4h29m 38s$300K$106K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$23.79
Price spread: −0.312% → +0.091%
−$40.32
Slippage, 4 orders
−$518.34
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$550.87
Costs to cover
5.343%
Break-even
169.1 days
Slippage from Aster: live order book, 26 min ago; MEXC: live order book, 10 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, 26 min ago5.40 bp53.9 bp −$54doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 10 min ago6.53 bp23.9 bp −$2495.8 bp −$958154.6 bp −$15.5Kdoesn'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%4h0.03805−0.469%$948K$591K20xas long as short
KuCoin INUSDTM+0.0100%4h0.03816−0.181%$325K$111K30xas long as short
Bitget INUSDT+0.0100%4h0.03828+0.132%$959K$526K25xas long as short
Variational Omni IN+0.0100%4h0.03813−0.251%$2K$313as long as short
Gate IN_USDT+0.0632%4h0.03819−0.103%$263K$254K50xas long as short
Aster INUSDTlong+0.0763%4h0.03823long leg$141K$11K5x
BingX IN-USDT+0.0790%4h0.03808−0.391%$2.3Mas long as short
MEXC IN_USDTshort+0.0876%4h0.03811−0.312%$300K$106K20x
Binance INUSDT+0.0890%4h0.03807−0.427%$2.2M$3.2M25xas long as short