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

PLAY

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0476%/8h= +52.1% APRpaid last 24h +0.124%
Price spread now: Extended against Aster−0.014%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$320as in the Price arb table
costs, in and out, $10k−$3133.134% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.346%+$35 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.014%, 7d avg +0.053%
Together, before fees+0.388%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.067% cheaper against Aster than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.053%). If the spread goes back, that is −$7 on $10k: about 11 hours of funding at the current rate (+$14 a day). At the pace of the last 6 days (+0.346% in total) that is about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PLAYUSDT0.028260.0100pay 0.0050% / 4h2h 00m$1.8M$1.0M5x
ShortExtended PLAY-USD0.028250.0576get 0.0072% / 1h0m 25s$4K$205K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$99.96
Price spread: −0.014% → +0.053%
−$6.68
Slippage, 4 orders
−$300.37
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$220.1
Costs to cover
3.134%
Break-even
22.4 days
Slippage from Aster: live order book, 3 min ago; Extended: live order book, 46 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 Aster live order book, 3 min ago7.13 bp36.0 bp −$363271.4 bp −$32.7Kdoesn't fitdoesn't fit
Sell Extended live order book, 46 min ago6.04 bp75.2 bp −$75doesn't fitdoesn't fitdoesn't fit

PLAY on 5 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 PLAYUSDTlong+0.0100%4h0.02826long leg$1.8M$1.0M5x
MEXC PLAY_USDT+0.0574%4h0.02826+0.015%$7.8M$576K20xas long as short
Binance PLAYUSDT+0.0576%4h0.02827+0.047%$4.5M$10.2M10xas long as short
Extended PLAY-USDshort+0.0576%1h0.02825−0.014%$4K$205K5x
Gate PLAY_USDT+0.1054%4h0.02830+0.157%$474K$574K10xas long as short