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

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.124%
Price spread now: BingX against Aster−0.081%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1441.444% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.299%+$30 on $10k
Price spread, last 4 days (all we have)−0.151%−$15 · spread now −0.081%, 7d avg −0.092%
Together, before fees+0.148%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SUSDT0.040770.0100pay 0.0050% / 4h2h 11m$45K$134K10x
ShortBingX S-USDT0.040740.0100get 0.0050% / 4h2h 11m$6.8M

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
$0
Price spread: −0.081% → −0.092%
$1.11
Slippage, 4 orders
−$126.39
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$143.28
Costs to cover
1.444%
Break-even
never at this rate
Slippage from Aster: live order book, 55 min ago; BingX: live order book, 11 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, 55 min ago13.78 bp69.5 bp −$70doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago4.88 bp18.9 bp −$1955.8 bp −$558382.0 bp −$38.2K783.8 bp −$391.9K

S on 24 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
01 Exchange SUSD−0.8808%1h0.03950−3.123%$24K$2K5xas long as short
Coinbase International S-PERP-INTX−0.1464%1h0.04022−1.357%$48K$16K25xas long as short
Kraken Futures PF_SUSD−0.1242%1h0.04080+0.075%$34K$16K10xas long as short
Variational Omni S−0.0401%4h0.04081+0.084%$634K$30Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.04077−0.020%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.04074−0.086%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.04077−0.020%$2K150xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+0.556%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0052%4h0.04085+0.188%$103K$331K10xas long as short
Lighter S+0.0096%1h0.04089+0.287%$169K$167K5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.04076−0.030%$1.0M$571K5xas long as short
Aster SUSDTlong+0.0100%4h0.04077long leg$45K$134K10x
Binance SUSDT+0.0100%4h0.04085+0.194%$5.7M$14.6M75xas long as short
Bybit SUSDT+0.0100%4h0.04082+0.115%$5.8M$4.7M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.04086+0.213%$1.0M$4.2M20xas long as short
Gate S_USDT+0.0100%4h0.04078+0.017%$336K$205K50xas long as short
MEXC S_USDT+0.0100%4h0.04083+0.139%$4.0M$1.9M200xas long as short
KuCoin SUSDTM+0.0100%4h0.04086+0.213%$1.9M$2.7M50xas long as short
Bitget SUSDT+0.0100%4h0.04082+0.115%$1.2M$2.3M50xas long as short
BingX S-USDTshort+0.0100%4h0.04074−0.081%$6.8M
ApeX Omni SUSDT+0.0100%1h0.04090+0.311%$26K$445K50xas long as short
Extended S-USD+0.0104%1h0.04084+0.169%$232K$1.1M10xas long as short
Deribit S_USDC-PERPETUAL+0.0729%1h0.04089+0.287%$69K$10K10xas long as short
Backpack S_USDC_PERP+0.0941%1h0.04080+0.066%$119K$349K5xas long as short