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+0.0494%/8h= +54.1% APRnext payment +$2.47 per $10,000 · paid last 24h −0.086%
Price spread now: Bitget against Aster+0.084%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 +$15 a day on $10k at the current rate, and Bitget is 0.084% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016450.0100pay 0.0050% / 4h2h 42m$12K$54K5x
ShortBitget USUSDT0.016460.0594get 0.0297% / 4h2h 42m$4.3M$244K10x

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
$103.74
Price spread: +0.084% → 0.000%
$8.37
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$92.11
Costs to cover
0.200%
Break-even
0.8 days
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 6 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, 6 min ago13.66 bp32.6 bp −$33163.9 bp −$1,639doesn'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
Aster USUSDTlong+0.0100%4h0.01645long leg$12K$54K5x
Bybit USUSDT+0.0100%4h0.01646+0.090%$3.3M$822K20xas long as short
Gate US_USDT+0.0100%4h0.01643−0.087%$2.1M$538K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01640−0.275%$4.2M$272K20xas long as short
Variational Omni US+0.0100%4h0.01647+0.151%$16K$3Kas long as short
Binance USUSDT+0.0150%4h0.01644−0.007%$9.2M$3.1M10xas long as short
Extended US-USD+0.0152%1h0.01644−0.019%$4K$141K5xas long as short
MEXC US_USDT+0.0158%4h0.01644−0.014%$5.5M$115K100xas long as short
BloFin US-USDT+0.0218%4h0.01644−0.008%$481K$49K10xas long as short
BingX US-USDT+0.0582%4h0.01646+0.065%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDTshort+0.0594%4h0.01646+0.084%$4.3M$244K10x