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

SWARMS

all SWARMS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0261%/8h= +28.6% APRnext payment +$1.30 per $10,000 · paid last 24h +0.012%
Price spread now: Aster against Binance−0.186%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,026as in the Price arb table
costs, in and out, $10k−$1,01710.171% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.192%−$19 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.186%, 7d avg −0.099%
Together, before fees−0.206%+ Points / potential airdropAster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.086% cheaper against Binance than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of −0.099%). If the spread goes back, that is −$9 on $10k: about 26 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 5 days funding on this pair cost −0.192%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SWARMSUSDT0.0082170.0539pay 0.0270% / 4h52m 41s$3.5M$4.3M20x
ShortAster SWARMSUSDT0.0082020.0800get 0.0400% / 4h52m 41s$31K$139K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$54.78
Price spread: −0.186% → −0.099%
−$8.62
Slippage, 4 orders
−$999.14
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$970.99
Costs to cover
10.171%
Break-even
131.1 days
Slippage from Binance: live order book, 14 min ago; Aster: 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 Binance live order book, 14 min ago2.44 bp51.3 bp −$51394.6 bp −$3,946doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago15.21 bp492.1 bp −$492doesn't fitdoesn't fitdoesn't fit

SWARMS 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
Gate SWARMS_USDT+0.0100%4h0.008205−0.146%$946K$119K10xas long as short
KuCoin SWARMSUSDTM+0.0368%4h0.008218+0.012%$784K$142K20xas long as short
BingX SWARMS-USDT+0.0462%4h0.008219+0.024%$6.5Mas long as short
Extended SWARMS-USD+0.0512%1h0.008221+0.047%$7K$149K5xas long as short
MEXC SWARMS_USDT+0.0512%4h0.008222+0.061%$146K$101K100xas long as short
Binance SWARMSUSDTlong+0.0539%4h0.008217long leg$3.5M$4.3M20x
BloFin SWARMS-USDT+0.0545%4h0.008218+0.012%$231K$7K20xas long as short
Aster SWARMSUSDTshort+0.0800%4h0.008202−0.186%$31K$139K5x
Kraken Futures PF_SWARMSUSD+1.3196%1h0.008274+0.698%$9K$38010xas long as short