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

SWARMS

all SWARMS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.179%
Price spread now: Aster against Gate−0.227%7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$2,658as in the Price arb table
costs, in and out, $10k−$2,62726.274% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.344%+$34 on $10k
Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.227%, 7d avg +0.079%
Together, before fees+0.424%+ Points / potential airdropAster: Stage 5 · farm board+$42 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.305% cheaper against Gate than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of +0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SWARMS_USDT0.0081530.0100pay 0.0050% / 4h2h 21m$941K$94K10x
ShortAster SWARMSUSDT0.0081350.0100get 0.0050% / 4h2h 21m$30K$102K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$0
Price spread: −0.227% → +0.079%
−$30.54
Slippage, 4 orders
−$2,604.37
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$2,657.91
Costs to cover
26.274%
Break-even
never at this rate
Slippage from Gate: live order book, 28 min ago; Aster: live order book, 26 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 Gate live order book, 28 min ago7.37 bp916.9 bp −$917doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 26 min ago128.47 bp481.9 bp −$482doesn't fitdoesn't fitdoesn't fit

SWARMS on 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SWARMSUSDTshort+0.0100%4h0.008135−0.227%$30K$102K5x
Gate SWARMS_USDTlong+0.0100%4h0.008153long leg$941K$94K10x
Extended SWARMS-USD+0.0312%1h0.008180+0.325%$7K$208K5xas long as short
Binance SWARMSUSDT+0.0313%4h0.008182+0.356%$3.5M$3.4M20xas long as short
MEXC SWARMS_USDT+0.0322%4h0.008181+0.343%$150K$98K100xas long as short
BingX SWARMS-USDT+0.0326%4h0.008181+0.343%$6.5Mas long as short
BloFin SWARMS-USDT+0.0347%4h0.008163+0.123%$218K$8K20xas long as short
KuCoin SWARMSUSDTM+0.1052%4h0.008158+0.061%$765K$118K20xas long as short
Kraken Futures PF_SWARMSUSD+3.9990%1h0.008211+0.710%$9K$4510xas long as short