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 00:00 UTC+0.0159%/8h= +17.4% APRnext payment +$0.79 per $10,000 · paid last 24h +0.055%
Price spread now: Aster against Gate−0.024%7-day average +0.068% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.642%+$64 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.024%, 7d avg +0.068%
Together, before fees+0.529%+ Points / potential airdropAster: Stage 5 · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.092% cheaper against Gate than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.068%). If the spread goes back, that is −$9 on $10k: about 46 hours of funding at the current rate (+$5 a day). At the pace of the last 5 days (+0.642% in total) that is about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ON_USDT0.13620.0100pay 0.0050% / 4h1h 50m$304K$34K5x
ShortAster ONUSDT0.13620.0259get 0.0129% / 4h1h 50m$443K$32K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$33.34
Price spread: −0.024% → +0.068%
−$9.19
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
$1.15
Costs to cover
0.230%
Break-even
6.8 days
Slippage unknown: Gate: live order book, 30 min ago; Aster: live order book, 32 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 30 min ago50.10 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 32 min ago14.80 bp74.5 bp −$74doesn'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%4h0.1365+0.208%$5.9M$3.8M50xas long as short
Gate ON_USDTlong+0.0100%4h0.1362long leg$304K$34K5x
MEXC ON_USDT+0.0100%4h0.1363+0.066%$1.1M$411K50xas long as short
KuCoin ONUSDTM+0.0100%4h0.1364+0.110%$748K$72K50xas long as short
BingX ON-USDT+0.0100%4h0.1364+0.139%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1364+0.168%$25K$7Kas long as short
edgeX ONUSDC+0.0103%4h0.1366+0.251%$8K$134K10xas long as short
Aster ONUSDTshort+0.0259%4h0.1362−0.024%$443K$32K5x