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

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0087%/8h= −9.5% APRnext payment $0.44 per $10,000 · paid last 24h −0.127%
Price spread now: Aster against Bitget+0.025%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1051.052% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.281%−$28 on $10k
Price spread, last 4 days (all we have)+0.511%+$51 · spread now +0.025%, 7d avg +0.027%
Together, before fees+0.231%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SUSDT0.039790.0100pay 0.0050% / 4h3h 05m$1.2M$3.3M50x
ShortAster SUSDT0.039800.0013get 0.0006% / 4h3h 05m$44K$212K10x

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
−$18.28
Price spread: +0.025% → +0.027%
−$0.17
Slippage, 4 orders
−$85.2
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$123.66
Costs to cover
1.052%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Aster: live order book, 20 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 Bitget live order book, 2 min ago5.03 bp21.5 bp −$2266.2 bp −$662doesn't fitdoesn't fit
Sell Aster live order book, 20 min ago8.83 bp31.0 bp −$31doesn't fitdoesn'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
Kraken Futures PF_SUSD−0.1542%1h0.03975−0.111%$33K$33K10xas long as short
Coinbase International S-PERP-INTX−0.1272%1h0.03826−3.845%$47K$5K25xas long as short
Variational Omni S−0.1158%4h0.03974−0.135%$619K$75Kas long as short
01 Exchange SUSD−0.0368%1h0.03980+0.025%$24K$3K5xas long as short
GMX S/USD [WBTC.b-USDC]L −0.0173% / S +0.0169%1h0.03982+0.068%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03974−0.116%$415xas long as short
Orderly PERP_S_USDC−0.0015%4h0.03978−0.025%$102K$339K10xas long as short
Deribit S_USDC-PERPETUAL−0.0001%1h0.03982+0.075%$67K$10K10xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03983+0.092%$614150xas long as short
Aster SUSDTshort+0.0013%4h0.03980+0.025%$44K$212K10x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective S/USDC PERP+0.0033%1h0.04100+3.041%$2K$37K12xas long as short
OKX S-USDT-SWAP+0.0059%4h0.03975−0.101%$990K$8.4M20xas long as short
Lighter S+0.0096%1h0.03982+0.075%$167K$265K5xas long as short
Hyperliquid S+0.0100%1h0.03975−0.090%$1.0M$971K5xas long as short
Binance SUSDT+0.0100%4h0.03976−0.075%$5.5M$25.9M75xas long as short
Bybit SUSDT+0.0100%4h0.03971−0.201%$5.7M$6.9M50xas long as short
Gate S_USDT+0.0100%4h0.03975−0.101%$325K$309K50xas long as short
MEXC S_USDT+0.0100%4h0.03976−0.075%$3.7M$3.2M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03974−0.126%$1.9M$3.1M50xas long as short
Bitget SUSDTlong+0.0100%4h0.03979long leg$1.2M$3.3M50x
BingX S-USDT+0.0100%4h0.03976−0.075%$6.8Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03980+0.025%$26K$477K50xas long as short
Extended S-USD+0.0104%1h0.03975−0.103%$224K$890K10xas long as short
BloFin S-USDT+0.0340%4h0.03975−0.101%$276K$204K75xas long as short
Backpack S_USDC_PERP+0.0442%1h0.03990+0.276%$116K$287K5xas long as short