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

PTB

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0295%/8h= +32.3% APRnext payment +$1.47 per $10,000 · paid last 24h +0.009%
Price spread now: Aster against Binance−0.196%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1551.552% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.159%+$16 on $10k
Price spread, last 7 days+0.155%+$16 · spread now −0.196%, 7d avg −0.125%
Together, before fees+0.314%+ Points / potential airdropAster: Stage 5 · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.071% cheaper against Binance than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of −0.125%). If the spread goes back, that is −$7 on $10k: about 19 hours of funding at the current rate (+$9 a day). At the pace of the last 5 days (+0.159% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.159% in total (about 10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PTBUSDT0.0011220.0173pay 0.0087% / 4h54m 27s$8.1M$150.7M20x
ShortAster PTBUSDT0.0011190.0468get 0.0234% / 4h54m 27s$88K$915K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$61.87
Price spread: −0.196% → −0.125%
−$7.15
Slippage, 4 orders
−$137.24
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$100.52
Costs to cover
1.552%
Break-even
18.4 days
Slippage from Binance: live order book, 4 min ago; Aster: live order book, 49 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 Binance live order book, 4 min ago1.78 bp43.9 bp −$44204.2 bp −$2,042doesn't fitdoesn't fit
Sell Aster live order book, 49 min ago10.06 bp43.5 bp −$43338.2 bp −$3,382doesn'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%4h0.001122+0.009%$1.7M$23.8M25xas long as short
Variational Omni PTB+0.0100%4h0.001127+0.501%$33K$89Kas long as short
BloFin PTB-USDT+0.0136%4h0.001123+0.160%$476K$743K20xas long as short
Binance PTBUSDTlong+0.0173%4h0.001122long leg$8.1M$150.7M20x
MEXC PTB_USDT+0.0174%4h0.001121−0.071%$365K$944K20xas long as short
Extended kPTB-USD+0.0176%1h0.001119−0.244%$4K$42K5xas long as short
BingX PTB-USDT+0.0180%4h0.001122+0.009%$2.3Mas long as short
KuCoin PTBUSDTM+0.0294%4h0.001124+0.241%$1.7M$7.7M20xas long as short
Aster PTBUSDTshort+0.0468%4h0.001119−0.196%$88K$915K5x
Gate PTB_USDT+0.0714%4h0.001116−0.473%$1.9M$5.6M25xas long as short