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+0.0267%/8h= +29.2% APRnext payment +$1.33 per $10,000 · paid last 24h +0.014%
Price spread now: Aster against Gate+0.013%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate THE_USDT0.082500.0182pay 0.0091% / 4h2h 12m$67K$76K10x
ShortAster THEUSDT0.082510.0449get 0.0224% / 4h2h 12m$5K$9K5x

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
$56.04
Price spread: +0.013% → 0.000%
$1.34
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
$34.37
Costs to cover
0.230%
Break-even
2.7 days
Slippage unknown: Gate: no order-book sample; 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 Gate no order-book sample
Sell Aster no order-book sample
Gate and 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 8 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
Bitget THEUSDT+0.0100%4h0.08249−0.012%$414K$358K10xas long as short
Gate THE_USDTlong+0.0182%4h0.08250long leg$67K$76K10x
Aster THEUSDTshort+0.0449%4h0.08251+0.013%$5K$9K5x
KuCoin THEUSDTM+0.0466%4h0.08239−0.133%$123K$103K10xas long as short
Binance THEUSDT+0.0489%4h0.08249−0.007%$2.2M$4.5M10xas long as short
MEXC THE_USDT+0.0494%4h0.08256+0.073%$186K$141K50xas long as short
BingX THE-USDT+0.1428%4h0.08255+0.061%$6.5Mas long as short
Bybit THEUSDT+0.1440%4h0.08241−0.109%$565K$415K20xas long as short