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 UTC−0.0584%/8h= −63.9% APRnext payment $2.92 per $10,000 · paid last 24h −0.176%
Price spread now: Aster against Gate−0.330%7-day average −0.197% · 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 5 days (all we have)−0.757%−$76 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.330%, 7d avg −0.197%
Together, before fees−0.874%+ Points / potential airdropAster: Stage 5 · farm board−$87 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Aster is 0.133% cheaper against Gate than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.197%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PLAY_USDT0.028310.0684pay 0.0342% / 4h32m 32s$491K$526K10x
ShortAster PLAYUSDT0.028220.0100get 0.0050% / 4h32m 32s$1.8M$1.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
−$122.64
Price spread: −0.330% → −0.197%
−$13.28
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$158.92
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 23 min ago; Aster: live order book, 1 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 Gate live order book, 23 min ago7.06 bp229.2 bp −$229doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 1 min ago7.08 bp124.4 bp −$124doesn'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%4h0.02822−0.330%$1.8M$1.0M5x
Binance PLAYUSDT+0.0100%4h0.02830−0.035%$4.5M$10.5M10xas long as short
MEXC PLAY_USDT+0.0100%4h0.02833+0.071%$7.8M$601K20xas long as short
Extended PLAY-USD+0.0104%1h0.02832+0.024%$1K$118K5xas long as short
Gate PLAY_USDTlong+0.0684%4h0.02831long leg$491K$526K10x