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

THE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.025%
Price spread now: Aster against Binance−0.234%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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.234% cheaper against Binance than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance THEUSDT0.083000.0585pay 0.0293% / 4h1h 19m$2.2M$4.6M10x
ShortAster THEUSDT0.082810.0559get 0.0280% / 4h1h 19m$4K$11K5x

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
−$5.54
Price spread: −0.234% → 0.000%
−$23.42
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$46.97
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 3 min ago; Aster: no order-book sample. 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 Binance live order book, 3 min ago3.01 bp38.9 bp −$39311.4 bp −$3,114doesn't fitdoesn't fit
Sell Aster no order-book sample
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%4h0.08300−0.005%$67K$77K10xas long as short
Bitget THEUSDT+0.0100%4h0.08298−0.029%$437K$365K10xas long as short
KuCoin THEUSDTM+0.0182%4h0.08278−0.270%$121K$105K10xas long as short
Aster THEUSDTshort+0.0559%4h0.08281−0.234%$4K$11K5x
Binance THEUSDTlong+0.0585%4h0.08300long leg$2.2M$4.6M10x
MEXC THE_USDT+0.0588%4h0.08301+0.007%$195K$142K50xas long as short
BloFin THE-USDT+0.0596%4h0.08309+0.103%$144K$5K50xas long as short
BingX THE-USDT+0.1158%4h0.08275−0.307%$6.5Mas long as short
Bybit THEUSDT+0.1308%4h0.08280−0.246%$559K$433K20xas long as short