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

M

all M markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0193%/8h= +21.2% APRnext payment +$0.97 per $10,000 · paid last 24h +0.043%
Price spread now: BingX against Aster+0.072%7-day average · you sell dearer than you buy
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.072% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUSDT1.38160.0457pay 0.0228% / 4h3h 08m$14K$83K5x
ShortBingX M-USDT1.38260.0650get 0.0325% / 4h3h 08m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$40.63
Price spread: +0.072% → 0.000%
$7.21
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$29.84
Costs to cover
0.180%
Break-even
1.9 days
Slippage unknown: Aster: no order-book sample; BingX: live order book, 10 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 no order-book sample
Sell BingX live order book, 10 min ago7.47 bp21.3 bp −$2166.5 bp −$665doesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

M on 12 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
Gate M_USDT+0.0100%8h1.3798−0.131%$1.9M$896K10xas long as short
Bitget MUSDT+0.0100%4h1.3826+0.072%$1.8M$247K10xas long as short
Variational Omni M+0.0100%4h1.3815−0.008%$85K$43Kas long as short
Orderly PERP_M_USDC+0.0100%4h1.3791−0.181%$2K$51010xas long as short
SunX M-USDT+0.0100%4h1.3794−0.160%$2K$796K20xas long as short
Bybit MUSDT+0.0196%4h1.3811−0.037%$4.3M$1.8M20xas long as short
Aster MUSDTlong+0.0457%4h1.3816long leg$14K$83K5x
BingX M-USDTshort+0.0650%4h1.3826+0.072%$2.4M
BloFin M-USDT+0.0668%4h1.3820+0.029%$354K$440K10xas long as short
MEXC M_USDT+0.0706%4h1.3820+0.029%$228K$109K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MUSDT+0.0706%4h1.3821+0.036%$5.4M$3.9M10xas long as short
KuCoin MUSDTM+0.1602%4h1.3667−1.081%$1.4M$3.9M10xas long as short