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

ONE

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.1515%/8h= −165.9% APRnext payment $1.89 per $10,000 · paid last 24h +0.009%
Price spread now: Aster against BingX+0.257%7-day average −0.106% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$499as in the Price arb table
costs, in and out, $10k−$5355.355% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.519%+$52 on $10k
Price spread, last 4 days (all we have)+0.697%+$70 · spread now +0.257%, 7d avg −0.106%
Together, before fees+1.216%+ Points / potential airdropAster: Stage 5 · farm board+$122 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.363% dearer against BingX than usual: you sell high and buy low (spread +0.257% now, against its 7-day average of −0.106%): +$36 on $10k if it goes back. Holding the pair costs −$45 a day in funding at the current rate, which eats that in about 19 hours. Mind the row above: over the last 4 days funding on this pair paid +0.519%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.519% in total (about 44.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ONE-USDT0.004259−0.0144get 0.0018% / 1h2m 22s$6.6M
ShortAster ONEUSDT0.004270−0.1659pay 0.0207% / 1h2m 22s$2.2M$8.5M5x

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
−$318.11
Price spread: +0.257% → −0.106%
$36.33
Slippage, 4 orders
−$517.48
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$817.26
Costs to cover
5.355%
Break-even
never at this rate
Slippage from BingX: live order book, 14 min ago; Aster: live order book, 1 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, 14 min ago3.46 bp13.8 bp −$1441.8 bp −$418392.5 bp −$39.3K1144.5 bp −$572.2K
Sell Aster live order book, 1 min ago22.94 bp402.0 bp −$402doesn't fitdoesn't fitdoesn't fit

ONE on 9 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
Variational Omni ONE−1.0841%1h0.004344+2.001%$107K$54Kas long as short
Bitget ONEUSDT−0.4664%1h0.004287+0.669%$1.8M$37.5M20xas long as short
BloFin ONE-USDT−0.3477%1h0.004321+1.453%$829K$3.3M50xas long as short
Aster ONEUSDTshort−0.1659%1h0.004270+0.257%$2.2M$8.5M5x
MEXC ONE_USDT−0.1456%1h0.004298+0.918%$10.9M$16.8M20xas long as short
Binance ONEUSDT−0.1409%1h0.004257−0.048%$14.2M$361.6M50xas long as short
KuCoin ONEUSDTM−0.0600%1h0.004496+5.572%$5.0M$13.0M30xas long as short
Gate ONE_USDT−0.0463%8h0.004244−0.345%$1.7M$17.0M20xas long as short
BingX ONE-USDTlong−0.0144%1h0.004259long leg$6.6M