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

NIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.8% APRnext payment $0.13 per $10,000 · paid last 24h −0.007%
Price spread now: Aster against BloFin−0.246%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$344as in the Price arb table
costs, in and out, $10k−$3153.151% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.023%−$2 on $10k
Price spread, last 4 days (all we have)+0.356%+$36 · spread now −0.246%, 7d avg +0.042%
Together, before fees+0.333%+ Points / potential airdropAster: Stage 5 · farm board+$33 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 0.289% cheaper against BloFin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.042%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NIL-USDT0.069220.0125pay 0.0063% / 4h3h 32m$345K$125K50x
ShortAster NILUSDT0.069050.0100get 0.0050% / 4h3h 32m$22K$314K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$5.34
Price spread: −0.246% → +0.042%
−$28.88
Slippage, 4 orders
−$295.13
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$349.34
Costs to cover
3.151%
Break-even
never at this rate
Slippage from BloFin: live order book, 62 min ago; Aster: live order book, 19 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 BloFin live order book, 62 min ago5.66 bp24.8 bp −$25106.4 bp −$1,064doesn't fitdoesn't fit
Sell Aster live order book, 19 min ago13.28 bp117.7 bp −$118doesn't fitdoesn't fitdoesn't fit

NIL 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
Aster NILUSDTshort+0.0100%4h0.06905−0.246%$22K$314K5x
Binance NILUSDT+0.0100%4h0.06905−0.248%$5.3M$73.6M50xas long as short
Bybit NILUSDT+0.0100%4h0.06908−0.202%$3.8M$13.7M20xas long as short
Gate NIL_USDT+0.0100%4h0.06913−0.130%$439K$1.9M50xas long as short
MEXC NIL_USDT+0.0100%4h0.06904−0.260%$2.2M$4.2M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.06918−0.058%$582K$693K30xas long as short
Bitget NILUSDT+0.0100%4h0.06913−0.130%$1.8M$8.4M50xas long as short
BingX NIL-USDT+0.0100%4h0.06903−0.274%$8.4Mas long as short
Variational Omni NIL+0.0100%4h0.06925+0.048%$177K$269Kas long as short
Extended NIL-USD+0.0104%1h0.06903−0.273%$21K$93K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NIL-USDTlong+0.0125%4h0.06922long leg$345K$125K50x
Hyperliquid NIL+0.0978%1h0.06930+0.114%$4.3M$4.7M3xas long as short