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

Q

all Q markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0529%/8h= +57.9% APRnext payment +$2.64 per $10,000 · paid last 24h +0.087%
Price spread now: Aster against Bitget−0.331%7-day average · you buy dearer than you sell
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 7 days+0.262%+$26 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.331% cheaper against Bitget than usual: you would sell low and buy high (spread −0.331% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$33 on $10k: about 2.1 days of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.262% in total) that is about 8.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.262% in total (about 13.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.64 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
LongBitget QUSDT0.025820.0100pay 0.0050% / 4h5m 24s$2.3M$137K20x
ShortAster QUSDT0.025730.0629get 0.0314% / 4h5m 24s$59K$47K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$111.01
Price spread: −0.331% → 0.000%
−$33.05
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$57.95
Costs to cover
0.200%
Break-even
3.3 days
Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago8.35 bp25.2 bp −$25394.1 bp −$3,941doesn'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.

Q on 11 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
Gate Q_USDT+0.0100%4h0.02579−0.093%$1.2M$293K10xas long as short
KuCoin QUSDTM+0.0100%4h0.02577−0.198%$684K$19K20xas long as short
Bitget QUSDTlong+0.0100%4h0.02582long leg$2.3M$137K20x
MEXC Q_USDT+0.0540%4h0.02582+0.015%$123K$89K50xas long as short
Binance QUSDT+0.0541%4h0.02582+0.021%$7.1M$1.3M20xas long as short
Extended Q-USD+0.0544%1h0.02582+0.023%$8K$160K5xas long as short
BloFin Q-USDT+0.0563%4h0.02578−0.139%$387K$72K40xas long as short
Aster QUSDTshort+0.0629%4h0.02573−0.331%$59K$47K5x
BingX Q-USDT+0.0852%4h0.02584+0.097%$1.3Mas long as short
Bybit QUSDT+0.0904%4h0.02581−0.031%$1.6M$387K13xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni Q+0.0952%4h0.02582−0.010%$621$2Kas long as short