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

RED

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.6% APRnext payment $0.07 per $10,000 · paid last 24h +0.010%
Price spread now: Aster against BloFin−0.129%102s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aster is 0.129% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RED-USDT0.15430.0114pay 0.0057% / 4h2h 55m$225K$5K25x
ShortAster REDUSDT0.15410.0100get 0.0050% / 4h2h 55m$28K$38K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$2.99
Price spread: −0.129% → 0.000%
−$12.88
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$35.87
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 5 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 BloFin live order book, 5 min ago1.62 bpdoesn't fitdoesn't fitdoesn'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.

RED 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
Aster REDUSDTshort+0.0100%4h0.1541−0.129%$28K$38K5x
Binance REDUSDT+0.0100%4h0.1536−0.427%$2.4M$4.0M50xas long as short
Bybit REDUSDT+0.0100%4h0.1537−0.376%$2.1M$1.8M25xas long as short
Gate RED_USDT+0.0100%4h0.1539−0.233%$354K$98K25xas long as short
Bitget REDUSDT+0.0100%4h0.1537−0.363%$729K$311K20xas long as short
Variational Omni RED+0.0100%4h0.1534−0.547%$26K$3Kas long as short
SunX RED-USDT+0.0100%4h0.1570+1.776%$2K$719K20xas long as short
Extended RED-USD+0.0104%1h0.1538−0.322%$315xas long as short
BloFin RED-USDTlong+0.0114%4h0.1543long leg$225K$5K25x
MEXC RED_USDT+0.0386%4h0.1536−0.428%$546K$172K20xas long as short