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

OPEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.20 per $10,000 · paid last 24h −0.004%
Price spread now: Aster against BloFin−0.010%62s7-day average −0.010% · 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 7 days+0.015%+$2 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.010%, 7d avg −0.010%
Together, before fees+0.028%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin OPEN-USDT0.14460.0059pay 0.0030% / 4h1h 08m$676K$12K75x
ShortAster OPENUSDT0.14460.0100get 0.0050% / 4h1h 08m$253K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
$8.59
Price spread: −0.010% → −0.010%
$0.04
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$11.37
Costs to cover
0.200%
Break-even
16.3 days
Slippage unknown: BloFin: live order book, 13 min ago; Aster: live order book, 34 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 BloFin live order book, 13 min ago3.45 bp17.5 bp −$1790.2 bp −$902doesn't fitdoesn't fit
Sell Aster live order book, 34 min ago13.82 bp49.4 bp −$49doesn'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-USDTlong+0.0059%4h0.1446long leg$676K$12K75x
Aster OPENUSDTshort+0.0100%4h0.1446−0.010%$253K$2K5x
Binance OPENUSDT+0.0100%4h0.1444−0.138%$7.2M$2.5M75xas long as short
Gate OPEN_USDT+0.0100%8h0.1445−0.069%$826K$186K75xas long as short
KuCoin OPENUSDTM+0.0100%4h0.1446−0.035%$2.4M$54K30xas long as short
Extended OPEN-USD+0.0104%1h0.1444−0.172%$2K$177K5xas long as short
Bitget OPENUSDT+0.0162%4h0.1445−0.069%$2.2M$153K20xas long as short
Bybit OPENUSDT+0.0754%4h0.1446+0.021%$1.5M$738K25xas long as short
Kraken Futures PF_OPENUSD+0.0773%1h0.1445−0.038%$14K$55K10xas long as short