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

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.1476%/8h= +161.6% APRpaid last 24h +0.477%
Price spread now: Aster against Coinbase International+1.991%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$44 a day on $10k at the current rate, and Aster is 1.991% dearer against Coinbase International than usual: you sell high and buy low: +$199 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International S-PERP-INTX0.04022−0.1376get 0.0172% / 1h56m 01s$48K$16K25x
ShortAster SUSDT0.041020.0100get 0.0050% / 4h56m 01s$45K$133K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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
$309.96
Price spread: +1.991% → 0.000%
$199.15
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$491.11
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; Aster: live order book, 65 min ago. 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 Coinbase International no order-book sample
Sell Aster live order book, 65 min ago14.80 bp39.4 bp −$39doesn't fitdoesn't fitdoesn't fit
Coinbase International: 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.

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−0.9984%1h0.03970−1.293%$25K$2K5xas long as short
Kraken Futures PF_SUSD−0.2493%1h0.04094+1.795%$34K$13K10xas long as short
Coinbase International S-PERP-INTXlong−0.1376%1h0.04022long leg$48K$16K25x
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.04107+2.106%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.04098+1.892%$415xas long as short
Variational Omni S−0.0071%4h0.04095+1.823%$634K$31Kas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.04104+2.047%$3K150xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+1.939%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0068%4h0.04104+2.039%$102K$308K10xas long as short
Lighter S+0.0096%1h0.04106+2.089%$172K$153K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.04104+2.029%$1.0M$559K5xas long as short
Aster SUSDTshort+0.0100%4h0.04102+1.991%$45K$133K10x
Binance SUSDT+0.0100%4h0.04102+1.986%$5.7M$13.7M75xas long as short
Bybit SUSDT+0.0100%4h0.04098+1.890%$5.9M$4.5M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.04100+1.939%$1.1M$4.0M20xas long as short
Gate S_USDT+0.0100%4h0.04097+1.865%$337K$186K50xas long as short
MEXC S_USDT+0.0100%4h0.04100+1.939%$4.0M$1.7M200xas long as short
KuCoin SUSDTM+0.0100%4h0.04100+1.939%$1.9M$2.7M50xas long as short
Bitget SUSDT+0.0100%4h0.04101+1.964%$1.2M$2.1M50xas long as short
BingX S-USDT+0.0100%4h0.04100+1.939%$6.7Mas long as short
ApeX Omni SUSDT+0.0100%1h0.04100+1.939%$25K$452K50xas long as short
Extended S-USD+0.0104%1h0.04098+1.886%$230K$1.1M10xas long as short
Deribit S_USDC-PERPETUAL+0.0237%1h0.04109+2.163%$69K$10K10xas long as short
BloFin S-USDT+0.0340%4h0.04089+1.666%$283K$99K75xas long as short
Backpack S_USDC_PERP+0.0502%1h0.04100+1.939%$120K$389K5xas long as short