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

SIREN

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0816%/8h= +89.3% APRnext payment +$4.08 per $10,000 · paid last 24h +0.084%
Price spread now: Gate against Aster+0.106%7-day average −0.123% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$521as in the Price arb table
costs, in and out, $10k−$5445.438% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.253%+$25 on $10k
Price spread, last 4 days (all we have)−0.301%−$30 · spread now +0.106%, 7d avg −0.123%
Together, before fees−0.048%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Gate is 0.229% dearer against Aster than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.123%.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.253% in total (about 16.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SIRENUSDT0.024390.1714pay 0.0857% / 4h1h 03m$215K$71K5x
ShortGate SIREN_USDT0.024420.2530get 0.1265% / 4h1h 03m$577K$205K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$171.32
Price spread: +0.106% → −0.123%
$22.93
Slippage, 4 orders
−$520.77
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$349.52
Costs to cover
5.438%
Break-even
21.3 days
Slippage from Aster: live order book, 38 min ago; Gate: 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, 38 min ago6.16 bp26.4 bp −$26294.6 bp −$2,946doesn't fitdoesn't fit
Sell Gate live order book, 37 min ago8.23 bp336.2 bp −$336doesn't fitdoesn't fitdoesn't fit

SIREN on 9 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
Bybit SIRENUSDT−0.1331%4h0.02482+1.746%$1.9M$2.9M5xas long as short
SunX SIREN-USDT+0.0100%4h0.02448+0.352%$1K$1.1M20xas long as short
Bitget SIRENUSDT+0.0920%4h0.02464+1.008%$2.8M$1.5M10xas long as short
KuCoin SIRENUSDTM+0.1412%4h0.02454+0.598%$1.0M$437K10xas long as short
Aster SIRENUSDTlong+0.1714%4h0.02439long leg$215K$71K5x
BingX SIREN-USDT+0.1932%4h0.02449+0.393%$2.3Mas long as short
MEXC SIREN_USDT+0.1946%4h0.02446+0.270%$698K$131K100xas long as short
Binance SIRENUSDT+0.1968%4h0.02446+0.270%$8.5M$3.5M10xas long as short
Gate SIREN_USDTshort+0.2530%4h0.02442+0.106%$577K$205K10x