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

THE

all THE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.025%
Price spread now: Binance against Aster−0.072%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Binance is 0.072% cheaper against Aster than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 9.6 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster THEUSDT0.082810.0565pay 0.0282% / 4h1h 20m$4K$11K5x
ShortBinance THEUSDT0.082750.0590get 0.0295% / 4h1h 20m$2.2M$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$5.29
Price spread: −0.072% → 0.000%
−$7.25
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$19.95
Costs to cover
0.180%
Break-even
33.4 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 2 min ago. Net counts fees only.

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 no order-book sample
Sell Binance live order book, 2 min ago3.01 bp31.6 bp −$32213.5 bp −$2,135doesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

THE 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 THE_USDT+0.0100%4h0.08290+0.109%$66K$77K10xas long as short
Bitget THEUSDT+0.0100%4h0.08280−0.012%$436K$365K10xas long as short
KuCoin THEUSDTM+0.0180%4h0.08270−0.133%$120K$105K10xas long as short
Aster THEUSDTlong+0.0565%4h0.08281long leg$4K$11K5x
MEXC THE_USDT+0.0588%4h0.08274−0.085%$194K$142K50xas long as short
Binance THEUSDTshort+0.0590%4h0.08275−0.072%$2.2M$4.6M10x
BloFin THE-USDT+0.0596%4h0.08309+0.338%$144K$5K50xas long as short
BingX THE-USDT+0.1158%4h0.08273−0.097%$6.5Mas long as short
Bybit THEUSDT+0.1222%4h0.08262−0.229%$559K$432K20xas long as short