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

PTB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0427%/8h= −46.8% APRnext payment $2.14 per $10,000 · paid last 24h +0.217%
Price spread now: Gate against Aster−0.091%7-day average +0.135% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1351.353% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.731%+$73 on $10k
Price spread, last 7 days+0.247%+$25 · spread now −0.091%, 7d avg +0.135%
Together, before fees+0.978%+ Points / potential airdropAster: Stage 5 · farm board+$98 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Gate is 0.227% cheaper against Aster than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.135%). Swap the legs. Mind the row above: over the last 6 days funding on this pair paid +0.731%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PTBUSDT0.00097290.0707pay 0.0354% / 4h43m 37s$67K$673K5x
ShortGate PTB_USDT0.00097200.0280get 0.0140% / 4h43m 37s$1.6M$3.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$89.76
Price spread: −0.091% → +0.135%
−$22.68
Slippage, 4 orders
−$112.27
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$247.71
Costs to cover
1.353%
Break-even
never at this rate
Slippage from Aster: live order book, 39 min ago; Gate: 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 Aster live order book, 39 min ago6.59 bp29.4 bp −$29228.6 bp −$2,286doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago9.23 bp48.2 bp −$48doesn't fitdoesn't fitdoesn'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
Bybit PTBUSDT+0.0100%4h0.0009721−0.081%$1.4M$14.9M25xas long as short
Variational Omni PTB+0.0100%4h0.0009797+0.696%$28K$60Kas long as short
Gate PTB_USDTshort+0.0280%4h0.0009720−0.091%$1.6M$3.5M25x
BloFin PTB-USDT+0.0488%4h0.0009820+0.936%$394K$293K20xas long as short
BingX PTB-USDT+0.0522%4h0.0009734+0.052%$1.9Mas long as short
Binance PTBUSDT+0.0537%4h0.0009726−0.030%$6.7M$87.7M20xas long as short
Extended kPTB-USD+0.0544%1h0.0009737+0.086%$3K$16K5xas long as short
MEXC PTB_USDT+0.0544%4h0.0009747+0.186%$293K$519K20xas long as short
KuCoin PTBUSDTM+0.0598%4h0.0009755+0.268%$1.5M$5.9M20xas long as short
Aster PTBUSDTlong+0.0707%4h0.0009729long leg$67K$673K5x