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

ON

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0286%/8h= −31.4% APRnext payment $1.43 per $10,000 · paid last 24h −0.074%
Price spread now: KuCoin against Aster−0.210%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$869as in the Price arb table
costs, in and out, $10k−$8618.610% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.661%−$66 on $10k
Price spread, last 4 days (all we have)+0.250%+$25 · spread now −0.210%, 7d avg −0.133%
Together, before fees−0.411%+ Points / potential airdropAster: Stage 5 · farm board−$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.076% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.133%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ONUSDT0.13550.0386pay 0.0193% / 4h2h 06m$442K$30K5x
ShortKuCoin ONUSDTM0.13520.0100get 0.0050% / 4h2h 06m$746K$52K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$60.14
Price spread: −0.210% → −0.133%
−$7.63
Slippage, 4 orders
−$841.02
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$928.79
Costs to cover
8.610%
Break-even
never at this rate
Slippage from Aster: live order book, 61 min ago; KuCoin: live order book, 33 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, 61 min ago18.47 bp66.1 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 33 min ago12.92 bp302.6 bp −$303doesn't fitdoesn't fitdoesn'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
Binance ONUSDT+0.0100%4h0.1354−0.023%$5.9M$3.9M50xas long as short
Gate ON_USDT+0.0100%4h0.1351−0.232%$302K$33K5xas long as short
MEXC ON_USDT+0.0100%4h0.1354−0.047%$1.0M$409K50xas long as short
KuCoin ONUSDTMshort+0.0100%4h0.1352−0.210%$746K$52K50x
BingX ON-USDT+0.0100%4h0.1353−0.121%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1354−0.065%$24K$7Kas long as short
edgeX ONUSDC+0.0118%4h0.1351−0.247%$7K$133K10xas long as short
Aster ONUSDTlong+0.0386%4h0.1355long leg$442K$30K5x