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

TOWNS

all TOWNS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.2980%/8h= +326.3% APRpaid last 24h
Price spread now: Deribit against Aster+0.153%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 7 daysno 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 for this trade now. Funding pays +$89 a day on $10k at the current rate, and Deribit is 0.153% dearer against Aster than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TOWNSUSDT0.0021060.0100pay 0.0050% / 4h53m 00s$10K$5K5x
ShortDeribit TOWNS_USDC-PERPETUAL0.0021090.3080get 0.0385% / 1h53m 00s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$625.83
Price spread: +0.153% → 0.000%
$15.29
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$626.12
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Deribit: 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 Aster no order-book sample
Sell Deribit no order-book sample
Aster and Deribit: 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 12 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
Coinbase International TOWNS-PERP-INTX−0.1040%1h0.002222+5.519%$83K$4K25xas long as short
BloFin TOWNS-USDT+0.0074%4h0.002103−0.132%$132K$4K10xas long as short
Aster TOWNSUSDTlong+0.0100%4h0.002106long leg$10K$5K5x
Binance TOWNSUSDT+0.0100%4h0.002105−0.024%$2.0M$1.3M10xas long as short
Bybit TOWNSUSDT+0.0100%4h0.002108+0.105%$384K$125K5xas long as short
Gate TOWNS_USDT+0.0100%4h0.002100−0.274%$71K$16K10xas long as short
MEXC TOWNS_USDT+0.0100%4h0.002103−0.132%$439K$135K100xas long as short
KuCoin TOWNSUSDTM+0.0100%4h0.002101−0.227%$250K$31K10xas long as short
Variational Omni TOWNS+0.0100%4h0.002094−0.578%$196$549as long as short
Bitget TOWNSUSDT+0.0294%4h0.002109+0.153%$347K$51K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX TOWNS-USDT+0.0314%4h0.002106+0.010%$2.3Mas long as short
Deribit TOWNS_USDC-PERPETUALshort+0.3080%1h0.002109+0.153%25x