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

STONK

all STONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.2025%/8h= +221.7% APRpaid last 24h +0.534%
Price spread now: MEXC against Aster−0.090%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2662.662% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.893%+$89 on $10k
Price spread, last 7 days−0.047%−$5 · spread now −0.090%, 7d avg −0.045%
Together, before fees+0.845%+ Points / potential airdropAster: Stage 5 · farm board+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.045% cheaper against Aster than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of −0.045%). If the spread goes back, that is −$5 on $10k: about 2 hours of funding at the current rate (+$61 a day). At the pace of the last 7 days (+0.893% in total) that is about 9 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.893% in total (about 46.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster STONKUSDT0.36670.0949pay 0.0119% / 1h51m 47s$506K$1.1M10x
ShortMEXC STONK_USDT0.36640.2974get 0.1487% / 4h51m 47s$846K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$425.19
Price spread: −0.090% → −0.045%
−$4.54
Slippage, 4 orders
−$238.23
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 10 bp × 2 orders
−$20
Net
$154.41
Costs to cover
2.662%
Break-even
4.5 days
Slippage from Aster: live order book, 1 min ago; MEXC: live order book, 3 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, 1 min ago12.22 bp89.8 bp −$901179.4 bp −$11.8Kdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago11.83 bp41.1 bp −$4174.9 bp −$749343.2 bp −$34.3Kdoesn't fit

STONK 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 STONKUSDT+0.0100%4h0.3654−0.355%$1.7M$6.4M5xas long as short
Bitget STONKUSDT+0.0100%4h0.3662−0.145%$368K$2.2M10xas long as short
BingX STONK-USDT+0.0100%4h0.3660−0.191%$914Kas long as short
BloFin STONK-USDT+0.0360%4h0.3666−0.027%$91K$223K5xas long as short
Aster STONKUSDTlong+0.0949%1h0.3667long leg$506K$1.1M10x
Phoenix STONK+0.1036%1h0.3682+0.398%$213K$259K3xas long as short
Gate STONK_USDT+0.1810%4h0.3646−0.575%$953K$1.8M10xas long as short
Lighter STONK+0.1888%1h0.3675+0.232%$438K$414K5xas long as short
MEXC STONK_USDTshort+0.2974%4h0.3664−0.090%$846K$1.0M20x