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

PLAY

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0239%/8h= −26.2% APRnext payment $1.20 per $10,000 · paid last 24h −0.115%
Price spread now: Aster against MEXC−0.228%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2252.252% 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+0.132%+$13 · spread now −0.228%, 7d avg −0.095%
Together, before fees−0.199%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.133% cheaper against MEXC than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PLAY_USDT0.028660.0100pay 0.0050% / 4h1h 43m$7.9M$615K20x
ShortAster PLAYUSDT0.02859−0.0139pay 0.0070% / 4h1h 43m$1.8M$1.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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
−$50.22
Price spread: −0.228% → −0.095%
−$13.29
Slippage, 4 orders
−$213.19
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$288.71
Costs to cover
2.252%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Aster: live order book, 5 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 MEXC live order book, 5 min ago1.74 bp27.0 bp −$27106.2 bp −$1,062466.1 bp −$46.6Kdoesn't fit
Sell Aster live order book, 5 min ago6.97 bp139.6 bp −$140doesn'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−0.0139%4h0.02859−0.228%$1.8M$1.1M5x
Binance PLAYUSDT+0.0100%4h0.02867+0.043%$4.6M$10.7M10xas long as short
MEXC PLAY_USDTlong+0.0100%4h0.02866long leg$7.9M$615K20x
Extended PLAY-USD+0.0104%1h0.02863−0.110%$2K$121K5xas long as short
Gate PLAY_USDT+0.0452%4h0.02872+0.209%$498K$518K10xas long as short