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−0.0043%/8h= −4.7% APRnext payment $0.22 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Binance−0.204%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$571as in the Price arb table
costs, in and out, $10k−$5595.593% 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)+0.143%+$14 · spread now −0.204%, 7d avg −0.089%
Together, before fees+0.146%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.115% cheaper against Binance than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.089%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance INUSDT0.035610.0405pay 0.0202% / 4h2h 10m$2.0M$1.3M25x
ShortAster INUSDT0.035540.0362get 0.0181% / 4h2h 10m$128K$21K5x

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

Funding earned
−$9.04
Price spread: −0.204% → −0.089%
−$11.52
Slippage, 4 orders
−$541.32
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$579.88
Costs to cover
5.593%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Aster: live order book, 55 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 Binance live order book, 8 min ago4.22 bp42.6 bp −$43266.3 bp −$2,663doesn't fitdoesn't fit
Sell Aster live order book, 55 min ago11.35 bp383.6 bp −$384doesn'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%4h0.03566+0.140%$759K$167K20xas long as short
KuCoin INUSDTM+0.0100%4h0.03570+0.253%$297K$65K30xas long as short
Bitget INUSDT+0.0100%4h0.03570+0.253%$838K$168K25xas long as short
Variational Omni IN+0.0100%4h0.03561−0.003%$1K$6as long as short
Aster INUSDTshort+0.0362%4h0.03554−0.204%$128K$21K5x
BingX IN-USDT+0.0386%4h0.03563+0.056%$2.3Mas long as short
MEXC IN_USDT+0.0398%4h0.03562+0.028%$275K$93K20xas long as short
Binance INUSDTlong+0.0405%4h0.03561long leg$2.0M$1.3M25x
Gate IN_USDT+0.0662%4h0.03559−0.056%$234K$138K50xas long as short