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−0.0441%/8h= −48.2% APRnext payment $2.20 per $10,000 · paid last 24h −0.055%
Price spread now: MEXC against Aster−0.111%7-day average +0.145% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2112.106% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.614%−$61 on $10k
Price spread, last 4 days (all we have)+0.423%+$42 · spread now −0.111%, 7d avg +0.145%
Together, before fees−0.191%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and MEXC is 0.255% cheaper against Aster than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.145%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ONUSDT0.13690.0541pay 0.0270% / 4h31m 56s$445K$32K5x
ShortMEXC ON_USDT0.13670.0100get 0.0050% / 4h31m 56s$1.1M$407K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$92.52
Price spread: −0.111% → +0.145%
−$25.54
Slippage, 4 orders
−$194.62
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$328.68
Costs to cover
2.106%
Break-even
never at this rate
Slippage from Aster: live order book, 45 min ago; MEXC: live order book, 4 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, 45 min ago18.35 bp80.8 bp −$81doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago3.65 bp31.8 bp −$32108.4 bp −$1,084324.7 bp −$32.5K998.5 bp −$499.2K

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%4h0.1367−0.111%$5.9M$3.8M50xas long as short
Gate ON_USDT+0.0100%4h0.1368−0.074%$305K$33K5xas long as short
MEXC ON_USDTshort+0.0100%4h0.1367−0.111%$1.1M$407K50x
KuCoin ONUSDTM+0.0100%4h0.1368−0.060%$752K$52K50xas long as short
BingX ON-USDT+0.0100%4h0.1366−0.184%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1369+0.060%$25K$7Kas long as short
edgeX ONUSDC+0.0104%4h0.1370+0.134%$8K$134K10xas long as short
Aster ONUSDTlong+0.0541%4h0.1369long leg$445K$32K5x