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

SIREN

all SIREN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0310%/8h= +34.0% APRnext payment +$1.55 per $10,000 · paid last 24h +0.038%
Price spread now: Aster against Bitget−0.689%7-day average −0.617% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1071.066% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.022%+$2 on $10k
Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.689%, 7d avg −0.617%
Together, before fees−0.039%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.071% cheaper against Bitget than usual: you would sell low and buy high (spread −0.689% now, against its 7-day average of −0.617%). If the spread goes back, that is −$7 on $10k: about 18 hours of funding at the current rate (+$9 a day). At the pace of the last 5 days (+0.022% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.022% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.55 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
LongBitget SIRENUSDT0.024340.0916pay 0.0458% / 4h4m 36s$2.8M$1.4M10x
ShortAster SIRENUSDT0.024170.1226get 0.0613% / 4h4m 36s$213K$81K5x

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

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$65.18
Price spread: −0.689% → −0.617%
−$7.13
Slippage, 4 orders
−$86.59
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$48.54
Costs to cover
1.066%
Break-even
12.2 days
Slippage from Bitget: live order book, 3 min ago; Aster: live order book, 52 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, 3 min ago8.21 bp24.1 bp −$24310.8 bp −$3,108doesn't fitdoesn't fit
Sell Aster live order book, 52 min ago8.30 bp32.4 bp −$32350.3 bp −$3,503doesn'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
SunX SIREN-USDT+0.0100%4h0.02422−0.493%$2K$1.1M20xas long as short
Bitget SIRENUSDTlong+0.0916%4h0.02434long leg$2.8M$1.4M10x
Binance SIRENUSDT+0.1217%4h0.02418−0.657%$8.4M$3.4M10xas long as short
Aster SIRENUSDTshort+0.1226%4h0.02417−0.689%$213K$81K5x
MEXC SIREN_USDT+0.1236%4h0.02418−0.657%$690K$131K100xas long as short
BingX SIREN-USDT+0.1294%4h0.02424−0.411%$2.3Mas long as short
KuCoin SIRENUSDTM+0.1456%4h0.02423−0.452%$998K$418K10xas long as short
Gate SIREN_USDT+0.1650%4h0.02412−0.904%$570K$207K10xas long as short
Bybit SIRENUSDT+0.2085%4h0.02437+0.123%$1.9M$2.6M5xas long as short