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+0.0029%/8h= +3.2% APRnext payment +$0.14 per $10,000 · paid last 24h +0.024%
Price spread now: BloFin against Aster−0.926%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. BloFin is 0.926% cheaper against Aster than usual: you would sell low and buy high (spread −0.926% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$93 on $10k: about 4 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster THEUSDT0.083820.0589pay 0.0295% / 4h1h 16m$4K$11K5x
ShortBloFin THE-USDT0.083040.0618get 0.0309% / 4h1h 16m$145K$5K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$6.05
Price spread: −0.926% → 0.000%
−$92.61
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$106.56
Costs to cover
0.200%
Break-even
130.4 days
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 20 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 BloFin live order book, 20 min ago4.26 bp25.5 bp −$2597.0 bp −$970doesn'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%4h0.08360−0.258%$67K$78K10xas long as short
Bitget THEUSDT+0.0100%4h0.08358−0.282%$443K$368K10xas long as short
KuCoin THEUSDTM+0.0172%4h0.08358−0.282%$122K$105K10xas long as short
Aster THEUSDTlong+0.0589%4h0.08382long leg$4K$11K5x
MEXC THE_USDT+0.0606%4h0.08367−0.174%$198K$143K50xas long as short
Binance THEUSDT+0.0608%4h0.08368−0.168%$2.2M$4.6M10xas long as short
BloFin THE-USDTshort+0.0618%4h0.08304−0.926%$145K$5K50x
BingX THE-USDT+0.1242%4h0.08372−0.115%$6.5Mas long as short
Bybit THEUSDT+0.1326%4h0.08363−0.222%$562K$438K20xas long as short