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

S

all S markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.188%
Price spread now: BloFin against Aster−0.399%72s7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1061.060% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.532%+$53 on $10k
Price spread, last 3 days (all we have)+0.171%+$17 · spread now −0.399%, 7d avg −0.113%
Together, before fees+0.702%+ Points / potential airdropAster: Stage 5 · farm board+$70 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.287% cheaper against Aster than usual: you would sell low and buy high (spread −0.399% now, against its 7-day average of −0.113%). If the spread goes back, that is −$29 on $10k: about 4.0 days of funding at the current rate (+$7 a day). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SUSDT0.039220.0100pay 0.0050% / 4h34m 05s$43K$145K10x
ShortBloFin S-USDT0.039060.0340get 0.0170% / 4h34m 05s$267K$126K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$50.4
Price spread: −0.399% → −0.113%
−$28.65
Slippage, 4 orders
−$86
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$84.25
Costs to cover
1.060%
Break-even
18.7 days
Slippage from Aster: live order book, 42 min ago; BloFin: live order book, 37 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, 42 min ago8.98 bp35.4 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 37 min ago1.28 bp19.9 bp −$2044.5 bp −$445doesn't fitdoesn't fit

S on 25 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−0.6232%1h0.03840−2.082%$23K$2K5xas long as short
Kraken Futures PF_SUSD−0.2137%1h0.03902−0.498%$33K$25K10xas long as short
Coinbase International S-PERP-INTX−0.1336%1h0.03826−2.439%$47K$5K25xas long as short
Variational Omni S−0.1003%4h0.03900−0.551%$607K$31Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0202% / S +0.0194%1h0.03911−0.262%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03907−0.366%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03911−0.263%$603150xas long as short
Orderly PERP_S_USDC+0.0031%4h0.03909−0.323%$100K$340K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+4.547%$2K$37K12xas long as short
Lighter S+0.0096%1h0.03913−0.221%$164K$217K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03911−0.267%$980K$695K5xas long as short
Aster SUSDTlong+0.0100%4h0.03922long leg$43K$145K10x
Binance SUSDT+0.0100%4h0.03914−0.202%$5.4M$17.3M75xas long as short
Bybit SUSDT+0.0100%4h0.03908−0.348%$5.6M$5.3M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03913−0.221%$979K$5.0M20xas long as short
Gate S_USDT+0.0100%4h0.03907−0.374%$319K$259K50xas long as short
MEXC S_USDT+0.0100%4h0.03909−0.323%$3.6M$1.9M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03910−0.298%$1.8M$2.9M50xas long as short
Bitget SUSDT+0.0100%4h0.03914−0.196%$1.2M$2.5M50xas long as short
BingX S-USDT+0.0100%4h0.03910−0.298%$6.7Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03910−0.298%$25K$453K50xas long as short
Extended S-USD+0.0104%1h0.03913−0.226%$220K$877K10xas long as short
Backpack S_USDC_PERP+0.0231%1h0.03920−0.043%$114K$311K5xas long as short
Deribit S_USDC-PERPETUAL+0.0261%1h0.03914−0.196%$66K$10K10xas long as short
BloFin S-USDTshort+0.0340%4h0.03906−0.399%$267K$126K75x