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+0.0026%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.064%
Price spread now: BloFin against Aster+0.067%82s7-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 +$1 a day on $10k at the current rate, and BloFin is 0.067% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016390.0407pay 0.0203% / 4h1h 17m$12K$54K5x
ShortBloFin US-USDT0.016400.0433get 0.0217% / 4h1h 17m$482K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$5.5
Price spread: +0.067% → 0.000%
$6.71
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$7.79
Costs to cover
0.200%
Break-even
16.9 days
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 23 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 BloFin live order book, 23 min ago2.44 bp36.3 bp −$3665.0 bp −$650doesn'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
Bybit USUSDT+0.0100%4h0.016390.000%$3.2M$918K20xas long as short
Gate US_USDT+0.0100%4h0.01637−0.110%$2.1M$597K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01636−0.189%$4.1M$287K20xas long as short
Variational Omni US+0.0100%4h0.01642+0.195%$16K$3Kas long as short
Extended US-USD+0.0384%1h0.01638−0.076%$5K$97K5xas long as short
Binance USUSDT+0.0388%4h0.01638−0.044%$9.1M$3.3M10xas long as short
MEXC US_USDT+0.0396%4h0.01638−0.037%$5.5M$113K100xas long as short
Aster USUSDTlong+0.0407%4h0.01639long leg$12K$54K5x
BingX US-USDT+0.0408%4h0.01640+0.037%$1.3Mas long as short
Bitget USUSDT+0.0414%4h0.01642+0.189%$4.3M$259K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin US-USDTshort+0.0433%4h0.01640+0.067%$482K$49K10x