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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.53 per $10,000 · paid last 24h −0.065%
Price spread now: Binance against Aster−0.031%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. Binance is 0.031% cheaper against Aster than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016470.0895pay 0.0448% / 4h37m 28s$12K$55K5x
ShortBinance USUSDT0.016460.1001get 0.0500% / 4h37m 28s$9.2M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$22.16
Price spread: −0.031% → 0.000%
−$3.08
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$1.07
Costs to cover
0.180%
Break-even
6.7 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 2 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 Binance live order book, 2 min ago0.31 bp27.9 bp −$28214.0 bp −$2,140doesn'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.

US 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
KuCoin USUSDTM+0.0050%4h0.01645−0.098%$4.2M$278K20xas long as short
Bybit USUSDT+0.0100%4h0.01648+0.072%$3.2M$865K20xas long as short
Gate US_USDT+0.0100%4h0.01644−0.158%$2.1M$550K20xas long as short
Variational Omni US+0.0100%4h0.01641−0.335%$16K$3Kas long as short
Bitget USUSDT+0.0770%4h0.01649+0.115%$4.3M$253K10xas long as short
Aster USUSDTlong+0.0895%4h0.01647long leg$12K$55K5x
BingX US-USDT+0.0920%4h0.01647+0.030%$1.3Mas long as short
BloFin US-USDT+0.0971%4h0.01640−0.395%$477K$49K10xas long as short
Extended US-USD+0.1000%1h0.01646−0.062%$4K$141K5xas long as short
MEXC US_USDT+0.1000%4h0.01646−0.049%$5.5M$115K100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance USUSDTshort+0.1001%4h0.01646−0.031%$9.2M$3.1M10x