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+0.0492%/8h= +53.9% APRnext payment +$2.46 per $10,000 · paid last 24h −0.127%
Price spread now: Aster against BingX−0.217%7-day average −0.182% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1341.336% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.322%+$32 on $10k
Price spread, last 4 days (all we have)−0.638%−$64 · spread now −0.217%, 7d avg −0.182%
Together, before fees−0.317%+ Points / potential airdropAster: Stage 5 · farm board−$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.035% cheaper against BingX than usual: you would sell low and buy high (spread −0.217% now, against its 7-day average of −0.182%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$15 a day). At the pace of the last 5 days (+0.322% in total) that is about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ON-USDT0.13600.0100pay 0.0050% / 4h1h 18m$6.6M
ShortAster ONUSDT0.13570.0592get 0.0296% / 4h1h 18m$443K$30K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
$103.38
Price spread: −0.217% → −0.182%
−$3.47
Slippage, 4 orders
−$115.59
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$33.68
Costs to cover
1.336%
Break-even
9.3 days
Slippage from BingX: live order book, 8 min ago; Aster: live order book, 44 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 BingX live order book, 8 min ago3.67 bp12.3 bp −$1251.0 bp −$510doesn't fitdoesn't fit
Sell Aster live order book, 44 min ago18.44 bp29.0 bp −$29doesn'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+0.0097%4h0.1361+0.100%$7K$133K10xas long as short
Binance ONUSDT+0.0100%4h0.1361+0.043%$5.9M$3.9M50xas long as short
Gate ON_USDT+0.0100%4h0.1358−0.162%$303K$31K5xas long as short
MEXC ON_USDT+0.0100%4h0.13600.000%$1.0M$408K50xas long as short
KuCoin ONUSDTM+0.0100%4h0.1358−0.154%$749K$51K50xas long as short
BingX ON-USDTlong+0.0100%4h0.1360long leg$6.6M
Variational Omni ON+0.0100%4h0.1361+0.091%$25K$7Kas long as short
Aster ONUSDTshort+0.0592%4h0.1357−0.217%$443K$30K5x