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

PORTAL

all PORTAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.004%
Price spread now: Aster against BloFin+0.030%82s7-day average · you sell dearer than you buy
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.030% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PORTAL-USDT0.020290.0065pay 0.0033% / 4h3h 09m$209K$21K10x
ShortAster PORTALUSDT0.020300.0100get 0.0050% / 4h3h 09m$10K$32K5x

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
$7.34
Price spread: +0.030% → 0.000%
$2.96
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$9.7
Costs to cover
0.200%
Break-even
16.2 days
Slippage unknown: BloFin: live order book, 56 min ago; Aster: no order-book sample. 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, 56 min ago4.90 bp27.6 bp −$28156.2 bp −$1,562doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PORTAL 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 PORTAL-USDTlong+0.0065%4h0.02029long leg$209K$21K10x
Aster PORTALUSDTshort+0.0100%4h0.02030+0.030%$10K$32K5x
Binance PORTALUSDT+0.0100%4h0.02031+0.083%$3.3M$5.2M10xas long as short
Bybit PORTALUSDT+0.0100%4h0.02033+0.212%$1.3M$875K20xas long as short
MEXC PORTAL_USDT+0.0100%4h0.02030+0.049%$1.0M$418K50xas long as short
KuCoin PORTALUSDTM+0.0100%4h0.02030+0.049%$335K$111K10xas long as short
BingX PORTAL-USDT+0.0100%4h0.02028−0.049%$1.3Mas long as short
Variational Omni PORTAL+0.0100%4h0.02032+0.156%$1K$7Kas long as short
Kraken Futures PF_PORTALUSD+0.3442%1h0.02031+0.079%$34K$200K10xas long as short