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

THE

all THE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.09 per $10,000 · paid last 24h −0.024%
Price spread now: Aster against BloFin+0.926%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. Aster is 0.926% dearer against BloFin than usual: you sell high and buy low (spread +0.926% now, against zero (this spread has no 7-day history yet)): +$93 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin THE-USDT0.083040.0618pay 0.0309% / 4h1h 16m$145K$5K50x
ShortAster THEUSDT0.083810.0600get 0.0300% / 4h1h 16m$4K$11K5x

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

Funding earned
−$3.77
Price spread: +0.926% → 0.000%
$92.57
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$68.8
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: BloFin: live order book, 20 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 BloFin live order book, 20 min ago4.26 bp23.6 bp −$24doesn't fitdoesn'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%4h0.08360+0.674%$67K$78K10xas long as short
Bitget THEUSDT+0.0100%4h0.08358+0.650%$443K$368K10xas long as short
KuCoin THEUSDTM+0.0172%4h0.08358+0.650%$122K$105K10xas long as short
Aster THEUSDTshort+0.0600%4h0.08381+0.926%$4K$11K5x
MEXC THE_USDT+0.0606%4h0.08367+0.759%$198K$143K50xas long as short
Binance THEUSDT+0.0613%4h0.08372+0.819%$2.2M$4.6M10xas long as short
BloFin THE-USDTlong+0.0618%4h0.08304long leg$145K$5K50x
BingX THE-USDT+0.1242%4h0.08372+0.819%$6.5Mas long as short
Bybit THEUSDT+0.1326%4h0.08350+0.554%$561K$438K20xas long as short