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+0.0416%/8h= +45.5% APRnext payment +$2.08 per $10,000 · paid last 24h +0.055%
Price spread now: Aster against KuCoin−0.058%7-day average +0.136% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,439as in the Price arb table
costs, in and out, $10k−$1,41914.193% of the position
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)−0.021%−$2 · spread now −0.058%, 7d avg +0.136%
Together, before fees+0.621%+ Points / potential airdropAster: Stage 5 · farm board+$62 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.195% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.136%). If the spread goes back, that is −$19 on $10k: about 38 hours of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ONUSDTM0.13680.0100pay 0.0050% / 4h6m 44s$753K$52K50x
ShortAster ONUSDT0.13670.0516get 0.0258% / 4h6m 44s$446K$32K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
$87.28
Price spread: −0.058% → +0.136%
−$19.49
Slippage, 4 orders
−$1,399.3
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$1,351.51
Costs to cover
14.193%
Break-even
115.4 days
Slippage from KuCoin: live order book, 57 min ago; Aster: live order book, 6 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 KuCoin live order book, 57 min ago19.48 bp421.8 bp −$422doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 6 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%4h0.1369+0.088%$5.9M$3.9M50xas long as short
Gate ON_USDT+0.0100%4h0.1367−0.051%$305K$33K5xas long as short
MEXC ON_USDT+0.0100%4h0.1369+0.088%$1.1M$408K50xas long as short
KuCoin ONUSDTMlong+0.0100%4h0.1368long leg$753K$52K50x
BingX ON-USDT+0.0100%4h0.1369+0.088%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1370+0.146%$25K$7Kas long as short
edgeX ONUSDC+0.0119%4h0.1370+0.147%$8K$134K10xas long as short
Aster ONUSDTshort+0.0516%4h0.1367−0.058%$446K$32K5x