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

PLAY

all PLAY markets
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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 −0.115%
Price spread now: Aster against Binance+0.150%7-day average −0.090% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2792.786% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.330%−$33 on $10k
Price spread, last 7 days−0.205%−$20 · spread now +0.150%, 7d avg −0.090%
Together, before fees−0.535%+ Points / potential airdropAster: Stage 5 · farm board−$53 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: Aster is 0.240% dearer against Binance than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PLAYUSDT0.028280.0100pay 0.0050% / 4h56m 11s$4.5M$10.6M10x
ShortAster PLAYUSDT0.028320.0100get 0.0050% / 4h56m 11s$1.8M$1.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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: +0.150% → −0.090%
$23.98
Slippage, 4 orders
−$260.57
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$254.58
Costs to cover
2.786%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Aster: live order book, 2 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 Binance live order book, 14 min ago1.77 bp55.5 bp −$55393.7 bp −$3,937doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago5.30 bp117.7 bp −$118doesn'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 PLAYUSDTshort+0.0100%4h0.02832+0.150%$1.8M$1.0M5x
Binance PLAYUSDTlong+0.0100%4h0.02828long leg$4.5M$10.6M10x
MEXC PLAY_USDT+0.0100%4h0.02825−0.098%$7.8M$599K20xas long as short
Extended PLAY-USD+0.0104%1h0.02834+0.233%$3K$116K5xas long as short
Gate PLAY_USDT+0.0396%4h0.02832+0.150%$492K$515K10xas long as short