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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.32 per $10,000 · paid last 24h −0.051%
Price spread now: BingX against Aster+0.145%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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.145% dearer against Aster than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016220.0563pay 0.0281% / 4h2h 51m$12K$53K5x
ShortBingX US-USDT0.016250.0626get 0.0313% / 4h2h 51m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$13.28
Price spread: +0.145% → 0.000%
$14.49
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$9.76
Costs to cover
0.180%
Break-even
1.9 days
Slippage unknown: Aster: no order-book sample; BingX: live order book, 9 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 BingX live order book, 9 min ago7.99 bp45.9 bp −$46123.3 bp −$1,233910.4 bp −$91.0K1252.1 bp −$626.1K
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
Bybit USUSDT+0.0100%4h0.01624+0.089%$3.2M$890K20xas long as short
Gate US_USDT+0.0100%4h0.01622−0.009%$2.0M$570K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01619−0.231%$4.1M$278K20xas long as short
Variational Omni US+0.0100%4h0.01620−0.123%$16K$3Kas long as short
Bitget USUSDT+0.0290%4h0.01621−0.096%$4.3M$251K10xas long as short
Aster USUSDTlong+0.0563%4h0.01622long leg$12K$53K5x
BloFin US-USDT+0.0569%4h0.01620−0.170%$479K$48K10xas long as short
MEXC US_USDT+0.0612%4h0.01624+0.133%$5.5M$112K100xas long as short
Binance USUSDT+0.0615%4h0.01624+0.095%$9.1M$3.2M10xas long as short
Extended US-USD+0.0616%1h0.01624+0.114%$2K$100K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX US-USDTshort+0.0626%4h0.01625+0.145%$1.3M