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

ON

all ON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0762%/8h= +83.5% APRnext payment +$3.81 per $10,000 · paid last 24h +0.074%
Price spread now: Aster against Binance+0.002%7-day average −0.152% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1991.987% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.634%+$63 on $10k
Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.002%, 7d avg −0.152%
Together, before fees+0.470%+ Points / potential airdropAster: Stage 5 · farm board+$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Aster is 0.154% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.152%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ONUSDT0.13580.0100pay 0.0050% / 4h31m 26s$5.9M$3.8M50x
ShortAster ONUSDT0.13580.0862get 0.0431% / 4h31m 26s$443K$30K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$160.08
Price spread: +0.002% → −0.152%
$15.43
Slippage, 4 orders
−$180.75
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$23.24
Costs to cover
1.987%
Break-even
8.0 days
Slippage from Binance: live order book, 7 min ago; Aster: live order book, 26 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 Binance live order book, 7 min ago3.70 bp42.7 bp −$43258.3 bp −$2,583doesn't fitdoesn't fit
Sell Aster live order book, 26 min ago18.42 bp46.1 bp −$46doesn'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
edgeX ONUSDC+0.0085%4h0.1352−0.436%$7K$132K10xas long as short
Binance ONUSDTlong+0.0100%4h0.1358long leg$5.9M$3.8M50x
Gate ON_USDT+0.0100%4h0.1353−0.368%$302K$29K5xas long as short
MEXC ON_USDT+0.0100%4h0.1357−0.074%$1.1M$395K50xas long as short
KuCoin ONUSDTM+0.0100%4h0.1355−0.243%$747K$51K50xas long as short
BingX ON-USDT+0.0100%4h0.13580.000%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1351−0.496%$24K$6Kas long as short
Aster ONUSDTshort+0.0862%4h0.1358+0.002%$443K$30K5x