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−0.0019%/8h= −2.1% APRnext payment $0.09 per $10,000 · paid last 24h −0.083%
Price spread now: Aster against BingX−0.261%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$612as in the Price arb table
costs, in and out, $10k−$5985.978% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.125%−$12 on $10k
Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.261%, 7d avg −0.120%
Together, before fees+0.002%+ Points / potential airdropAster: Stage 5 · farm board$0 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 0.141% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.120%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX IN-USDT0.035620.0386pay 0.0193% / 4h2h 11m$2.3M
ShortAster INUSDT0.035530.0367get 0.0183% / 4h2h 11m$128K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
−$3.99
Price spread: −0.261% → −0.120%
−$14.07
Slippage, 4 orders
−$579.82
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$615.88
Costs to cover
5.978%
Break-even
never at this rate
Slippage from BingX: live order book, 7 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 BingX live order book, 7 min ago26.67 bp62.2 bp −$62163.1 bp −$1,6311157.6 bp −$115.8K1338.5 bp −$669.3K
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%4h0.035620.000%$759K$167K20xas long as short
KuCoin INUSDTM+0.0100%4h0.03569+0.197%$297K$65K30xas long as short
Bitget INUSDT+0.0100%4h0.03568+0.168%$838K$168K25xas long as short
Variational Omni IN+0.0100%4h0.03552−0.271%$1K$6as long as short
Aster INUSDTshort+0.0367%4h0.03553−0.261%$128K$21K5x
BingX IN-USDTlong+0.0386%4h0.03562long leg$2.3M
Binance INUSDT+0.0399%4h0.03565+0.085%$2.0M$1.3M25xas long as short
MEXC IN_USDT+0.0404%4h0.03566+0.112%$275K$93K20xas long as short
Gate IN_USDT+0.0670%4h0.03561−0.028%$234K$138K50xas long as short