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

OPEN

all OPEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Aster+0.058%7-day average +0.029% · 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−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.955%−$95 · spread now +0.058%, 7d avg +0.029%
Together, before fees−0.963%+ Points / potential airdropAster: Stage 5 · farm board−$96 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: KuCoin is 0.029% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OPENUSDT0.14420.0100pay 0.0050% / 4h53m 07s$252K$4K5x
ShortKuCoin OPENUSDTM0.14430.0100get 0.0050% / 4h53m 07s$2.4M$46K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.058% → +0.029%
$2.91
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$17.09
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 4 min ago; KuCoin: live order book, 3 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, 4 min ago13.83 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago15.21 bp430.6 bp −$431doesn't fitdoesn'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
BloFin OPEN-USDT+0.0081%4h0.1444+0.106%$677K$12K75xas long as short
Aster OPENUSDTlong+0.0100%4h0.1442long leg$252K$4K5x
Binance OPENUSDT+0.0100%4h0.1442−0.032%$7.1M$2.5M75xas long as short
Gate OPEN_USDT+0.0100%8h0.1443+0.037%$827K$196K75xas long as short
KuCoin OPENUSDTMshort+0.0100%4h0.1443+0.058%$2.4M$46K30x
Bitget OPENUSDT+0.0100%4h0.1444+0.106%$2.2M$181K20xas long as short
Extended OPEN-USD+0.0104%1h0.1442−0.059%$6K$113K5xas long as short
Bybit OPENUSDT+0.0940%4h0.1445+0.148%$1.5M$690K25xas long as short
Kraken Futures PF_OPENUSD+0.0976%1h0.1442−0.022%$14K$55K10xas long as short