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

S

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0079%/8h= −8.6% APRnext payment $0.39 per $10,000 · paid last 24h −0.070%
Price spread now: Aster against OKX+0.223%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1361.357% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.133%−$13 on $10k
Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.223%, 7d avg +0.117%
Together, before fees−0.302%+ Points / potential airdropAster: Stage 5 · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.105% dearer against OKX than usual: you sell high and buy low (spread +0.223% now, against its 7-day average of +0.117%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX S-USDT-SWAP0.039230.0100pay 0.0050% / 4h2h 12m$979K$7.3M20x
ShortAster SUSDT0.039320.0021get 0.0011% / 4h2h 12m$43K$212K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
−$16.5
Price spread: +0.223% → +0.117%
$10.53
Slippage, 4 orders
−$117.73
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$141.69
Costs to cover
1.357%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Aster: live order book, 9 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 OKX live order book, 5 min ago3.81 bp31.9 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 9 min ago10.19 bp34.7 bp −$35doesn'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−0.1452%1h0.03931+0.215%$33K$30K10xas long as short
Coinbase International S-PERP-INTX−0.1264%1h0.03826−2.473%$47K$5K25xas long as short
Variational Omni S−0.0878%4h0.03928+0.123%$611K$34Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0191% / S +0.0185%1h0.03933+0.250%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03928+0.136%$415xas long as short
Orderly PERP_S_USDC−0.0011%4h0.03931+0.204%$99K$343K10xas long as short
01 Exchange SUSD0.0000%1h0.03930+0.178%$24K$3K5xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03933+0.245%$606150xas long as short
Aster SUSDTshort+0.0021%4h0.03932+0.223%$43K$212K10x
Injective S/USDC PERP+0.0033%1h0.04100+4.512%$2K$37K12xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter S+0.0096%1h0.03934+0.280%$165K$240K5xas long as short
Hyperliquid S+0.0100%1h0.03928+0.135%$993K$900K5xas long as short
Binance SUSDT+0.0100%4h0.03927+0.109%$5.4M$23.3M75xas long as short
Bybit SUSDT+0.0100%4h0.03921−0.051%$5.6M$6.3M50xas long as short
OKX S-USDT-SWAPlong+0.0100%4h0.03923long leg$979K$7.3M20x
Gate S_USDT+0.0100%4h0.03929+0.153%$321K$292K50xas long as short
MEXC S_USDT+0.0100%4h0.03929+0.153%$3.5M$2.6M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03924+0.025%$1.8M$3.1M50xas long as short
Bitget SUSDT+0.0100%4h0.03933+0.255%$1.2M$2.9M50xas long as short
BingX S-USDT+0.0100%4h0.03928+0.127%$6.8Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03940+0.433%$25K$471K50xas long as short
Extended S-USD+0.0104%1h0.03923+0.004%$221K$883K10xas long as short
Deribit S_USDC-PERPETUAL+0.0258%1h0.03936+0.331%$66K$10K10xas long as short
BloFin S-USDT+0.0340%4h0.03934+0.280%$269K$159K75xas long as short
Backpack S_USDC_PERP+0.0389%1h0.03940+0.433%$115K$294K5xas long as short