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

TOWNS

all TOWNS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0488%/8h= +53.4% APRnext payment +$2.44 per $10,000 · paid last 24h +0.036%
Price spread now: Bitget against Aster−0.243%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. Bitget is 0.243% cheaper against Aster than usual: you would sell low and buy high (spread −0.243% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 40 hours of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TOWNSUSDT0.0020680.0206pay 0.0103% / 4h2h 33m$10K$6K5x
ShortBitget TOWNSUSDT0.0020630.0694get 0.0347% / 4h2h 33m$338K$48K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$102.38
Price spread: −0.243% → 0.000%
−$24.27
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$58.11
Costs to cover
0.200%
Break-even
3.0 days
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 27 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 Bitget live order book, 27 min ago9.70 bp58.4 bp −$58490.1 bp −$4,901doesn'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.

TOWNS on 11 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
Bybit TOWNSUSDT+0.0100%4h0.002068−0.001%$372K$115K5xas long as short
Gate TOWNS_USDT+0.0100%4h0.002063−0.243%$70K$19K10xas long as short
Variational Omni TOWNS+0.0100%4h0.002066−0.089%$193$555as long as short
Aster TOWNSUSDTlong+0.0206%4h0.002068long leg$10K$6K5x
MEXC TOWNS_USDT+0.0336%4h0.002068−0.001%$397K$125K100xas long as short
Binance TOWNSUSDT+0.0351%4h0.002069+0.047%$2.0M$1.3M10xas long as short
Coinbase International TOWNS-PERP-INTX+0.0392%1h0.002171+4.980%$81K$4K25xas long as short
BingX TOWNS-USDT+0.0656%4h0.002067−0.049%$2.3Mas long as short
Bitget TOWNSUSDTshort+0.0694%4h0.002063−0.243%$338K$48K5x
KuCoin TOWNSUSDTM+0.0910%4h0.002063−0.243%$246K$30K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TOWNS_USDC-PERPETUAL+0.4104%1h0.002076+0.386%25xas long as short