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

OPEN

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Aster+0.110%7-day average −0.089% · you sell dearer than you buy
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 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.554%−$55 · spread now +0.110%, 7d avg −0.089%
Together, before fees−0.542%+ Points / potential airdropAster: Stage 5 · farm board−$54 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.199% dearer against Aster than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPENUSDT0.14380.0100pay 0.0050% / 4h5m 31s$252K$4K5x
ShortGate OPEN_USDT0.14400.0100get 0.0100% / 8h4h 05m$827K$199K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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
$0
Price spread: +0.110% → −0.089%
$19.86
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$3.14
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 51 min ago; Gate: live order book, 51 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 Aster live order book, 51 min ago13.83 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 51 min ago3.46 bp99.7 bp −$100866.9 bp −$8,669doesn't fitdoesn't fit

OPEN 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
Aster OPENUSDTlong+0.0100%4h0.1438long leg$252K$4K5x
Binance OPENUSDT+0.0100%4h0.1439+0.040%$7.1M$2.5M75xas long as short
Gate OPEN_USDTshort+0.0100%8h0.1440+0.110%$827K$199K75x
KuCoin OPENUSDTM+0.0100%4h0.1442+0.235%$2.4M$46K30xas long as short
Bitget OPENUSDT+0.0100%4h0.1439+0.040%$2.2M$180K20xas long as short
Extended OPEN-USD+0.0104%1h0.1438−0.018%$3K$112K5xas long as short
BloFin OPEN-USDT+0.0111%4h0.1440+0.110%$672K$12K75xas long as short
Bybit OPENUSDT+0.0398%4h0.1440+0.110%$1.5M$735K25xas long as short
Kraken Futures PF_OPENUSD+0.0979%1h0.1438−0.028%$14K$55K10xas long as short