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

ON

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0163%/8h= −17.9% APRnext payment $0.82 per $10,000 · paid last 24h +0.197%
Price spread now: BingX against Aster+0.157%7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2062.056% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.302%−$30 on $10k
Price spread, last 4 days (all we have)+0.213%+$21 · spread now +0.157%, 7d avg +0.186%
Together, before fees−0.090%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.029% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.186%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ONUSDT0.13620.0263pay 0.0132% / 4h1h 52m$443K$32K5x
ShortBingX ON-USDT0.13640.0100get 0.0050% / 4h1h 52m$6.6M

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
−$34.27
Price spread: +0.157% → +0.186%
−$2.87
Slippage, 4 orders
−$187.56
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$242.71
Costs to cover
2.056%
Break-even
never at this rate
Slippage from Aster: live order book, 30 min ago; BingX: live order book, 15 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, 30 min ago14.80 bp85.5 bp −$85doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 15 min ago7.38 bp20.0 bp −$2037.3 bp −$373268.9 bp −$26.9Kdoesn't fit

ON on 8 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
edgeX ONUSDC+0.0086%4h0.1367+0.361%$8K$134K10xas long as short
Binance ONUSDT+0.0100%4h0.1365+0.197%$5.9M$3.8M50xas long as short
Gate ON_USDT+0.0100%4h0.1362+0.025%$304K$34K5xas long as short
MEXC ON_USDT+0.0100%4h0.1364+0.157%$1.1M$411K50xas long as short
KuCoin ONUSDTM+0.0100%4h0.1362+0.018%$748K$72K50xas long as short
BingX ON-USDTshort+0.0100%4h0.1364+0.157%$6.6M
Variational Omni ON+0.0100%4h0.1367+0.406%$25K$7Kas long as short
Aster ONUSDTlong+0.0263%4h0.1362long leg$443K$32K5x