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+0.0308%/8h= +33.7% APRnext payment +$1.54 per $10,000 · paid last 24h +0.079%
Price spread now: Aster against edgeX−0.194%90s7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$8408.399% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.640%+$64 on $10k
Price spread, last 3 days (all we have)+0.149%+$15 · spread now −0.194%, 7d avg −0.142%
Together, before fees+0.789%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$79 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.052% cheaper against edgeX than usual: you would sell low and buy high (spread −0.194% now, against its 7-day average of −0.142%). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$9 a day). The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ONUSDC0.13750.0103pay 0.0052% / 4h3h 44m$8K$134K10x
ShortAster ONUSDT0.13720.0411get 0.0206% / 4h3h 44m$448K$31K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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
$64.66
Price spread: −0.194% → −0.142%
−$5.18
Slippage, 4 orders
−$822.92
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$780.43
Costs to cover
8.399%
Break-even
91.5 days
Slippage from edgeX: live order book, 27 min ago; Aster: live order book, 28 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 edgeX live order book, 27 min ago8.76 bp132.4 bp −$132doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 28 min ago54.97 bp468.3 bp −$468doesn'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%4h0.1374−0.058%$6.0M$3.8M50xas long as short
Gate ON_USDT+0.0100%4h0.1370−0.389%$306K$33K5xas long as short
MEXC ON_USDT+0.0100%4h0.1373−0.156%$1.1M$405K50xas long as short
KuCoin ONUSDTM+0.0100%4h0.1374−0.098%$756K$52K50xas long as short
BingX ON-USDT+0.0100%4h0.1374−0.083%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1378+0.228%$25K$7Kas long as short
edgeX ONUSDClong+0.0103%4h0.1375long leg$8K$134K10x
Aster ONUSDTshort+0.0411%4h0.1372−0.194%$448K$31K5x