Funding arb · Price arb /

PORTAL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against MEXC−0.015%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PORTAL_USDT	0.01876	0.0100	pay 0.0050% / 4h	2h 07m	$848K	$395K	50x
Short	Aster PORTALUSDT	0.01876	0.0100	get 0.0050% / 4h	2h 07m	$9K	$73K	5x

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

Position, each leg$Hold fordaysFee MEXCbpFee AsterbpOrdersPrice spread, now −0.015%Rate

Funding earned: $0
Price spread: −0.015% → 0.000%: −$1.55
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$13.55
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 41 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 41 min ago	2.66 bp	13.7 bp −$14	104.0 bp −$1,040	334.8 bp −$33.5K	643.0 bp −$321.5K
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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_PORTALUSD	−0.0916%	1h	0.01877	+0.062%	$24K	$234K	10x	as long as short
BloFin PORTAL-USDT	+0.0062%	4h	0.01876	0.000%	$189K	$26K	10x	as long as short
Aster PORTALUSDTshort	+0.0100%	4h	0.01876	−0.015%	$9K	$73K	5x
Binance PORTALUSDT	+0.0100%	4h	0.01877	+0.053%	$2.7M	$5.3M	10x	as long as short
Bybit PORTALUSDT	+0.0100%	4h	0.01878	+0.123%	$1.3M	$629K	20x	as long as short
MEXC PORTAL_USDTlong	+0.0100%	4h	0.01876	long leg	$848K	$395K	50x
KuCoin PORTALUSDTM	+0.0100%	4h	0.01873	−0.160%	$274K	$132K	10x	as long as short
BingX PORTAL-USDT	+0.0100%	4h	0.01877	+0.053%	—	$1.4M	—	as long as short
Variational Omni PORTAL	+0.0100%	4h	0.01877	+0.069%	$2K	$627	—	as long as short