SWARMS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0489%/8h= +53.5% APRnext payment +$2.44 per $10,000 · paid last 24h +0.052%

Price spread now: Aster against BloFin+0.170%62s7-day average −0.149% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1,13011.302% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.177%−$18 on $10k

Price spread, last 4 days (all we have)−0.308%−$31 · spread now +0.170%, 7d avg −0.149%

Together, before fees−0.485%+ Points / potential airdropAster: Stage 5 · farm board−$49 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Aster is 0.319% dearer against BloFin than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.149%. Mind the row above: over the last 6 days funding on this pair cost −0.177%, so the current rate has only just turned in your favour. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.177% in total (about -11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.44 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SWARMS-USDT	0.008218	0.0841	pay 0.0420% / 4h	2h 22m	$230K	$7K	20x
Short	Aster SWARMSUSDT	0.008232	0.1329	get 0.0665% / 4h	2h 22m	$31K	$101K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee AsterbpOrdersPrice spread, now +0.170%Rate

Funding earned: $102.59
Price spread: +0.170% → −0.149%: $31.93
Slippage, 4 orders: −$1,110.15
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$995.63
Costs to cover: 11.302%
Break-even: 74.9 days

Slippage from BloFin: live order book, 59 min ago; Aster: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 59 min ago	2.41 bp	40.7 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 23 min ago	16.84 bp	462.6 bp −$463	doesn't fit	doesn't fit	doesn't fit

SWARMS on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SWARMS_USDT	+0.0100%	4h	0.008220	+0.024%	$945K	$108K	10x	as long as short
BloFin SWARMS-USDTlong	+0.0841%	4h	0.008218	long leg	$230K	$7K	20x
BingX SWARMS-USDT	+0.0842%	4h	0.008252	+0.414%	—	$6.5M	—	as long as short
Extended SWARMS-USD	+0.0848%	1h	0.008259	+0.500%	$7K	$213K	5x	as long as short
Binance SWARMSUSDT	+0.0849%	4h	0.008264	+0.564%	$3.6M	$3.4M	20x	as long as short
MEXC SWARMS_USDT	+0.0862%	4h	0.008259	+0.499%	$154K	$99K	100x	as long as short
KuCoin SWARMSUSDTM	+0.1232%	4h	0.008238	+0.243%	$772K	$119K	20x	as long as short
Aster SWARMSUSDTshort	+0.1329%	4h	0.008232	+0.170%	$31K	$101K	5x
Kraken Futures PF_SWARMSUSD	+1.3103%	1h	0.008319	+1.232%	$9K	$149	10x	as long as short