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

PTB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0111%/8h= +12.2% APRnext payment +$0.56 per $10,000 · paid last 24h −0.018%
Price spread now: BingX against Aster+0.582%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$1071.066% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.190%+$19 on $10k
Price spread, last 4 days (all we have)−0.485%−$49 · spread now +0.582%, 7d avg +0.130%
Together, before fees−0.295%+ Points / potential airdropAster: Stage 5 · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.452% dearer against Aster than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of +0.130%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PTBUSDT0.0012540.0693pay 0.0346% / 4h3h 43m$76K$1.0M5x
ShortBingX PTB-USDT0.0012610.0804get 0.0402% / 4h3h 43m$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
$23.41
Price spread: +0.582% → +0.130%
$45.16
Slippage, 4 orders
−$88.64
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$38.07
Costs to cover
1.066%
Break-even
18.4 days
Slippage from Aster: live order book, 4 min ago; BingX: live order book, 1 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 Aster live order book, 4 min ago5.56 bp29.4 bp −$29307.6 bp −$3,076doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago3.59 bp27.6 bp −$28102.2 bp −$1,022803.8 bp −$80.4Kdoesn't fit

PTB on 10 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
Variational Omni PTB+0.0100%4h0.001251−0.211%$37K$74Kas long as short
Bybit PTBUSDT+0.0217%4h0.001261+0.574%$2.0M$27.5M25xas long as short
Aster PTBUSDTlong+0.0693%4h0.001254long leg$76K$1.0M5x
BloFin PTB-USDT+0.0783%4h0.001248−0.463%$533K$1.1M20xas long as short
BingX PTB-USDTshort+0.0804%4h0.001261+0.582%$2.5M
Extended kPTB-USD+0.0832%1h0.001261+0.543%$4K$45K5xas long as short
MEXC PTB_USDT+0.0834%4h0.001262+0.630%$461K$1.2M20xas long as short
Binance PTBUSDT+0.0835%4h0.001262+0.614%$9.4M$184.2M20xas long as short
KuCoin PTBUSDTM+0.1052%4h0.001256+0.128%$2.0M$8.6M20xas long as short
Gate PTB_USDT+0.3364%4h0.001258+0.319%$2.1M$7.6M25xas long as short