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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0124%/8h= +13.5% APRpaid last 24h −0.066%
Price spread now: Extended against Aster+0.034%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 · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.034% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016350.0300pay 0.0150% / 4h1h 01m$12K$55K5x
ShortExtended US-USD0.016360.0424get 0.0053% / 1h1m 53s$4K$141K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$25.95
Price spread: +0.034% → 0.000%
$3.38
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$16.32
Costs to cover
0.130%
Break-even
2.6 days
Slippage unknown: Aster: no order-book sample; Extended: live order book, 14 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 Extended live order book, 14 min ago4.90 bp143.9 bp −$144doesn't fitdoesn'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−0.0208%4h0.01631−0.220%$4.2M$278K20xas long as short
Bybit USUSDT+0.0100%4h0.01636+0.061%$3.2M$859K20xas long as short
Gate US_USDT+0.0100%4h0.01633−0.141%$2.1M$557K20xas long as short
Variational Omni US+0.0100%4h0.01637+0.109%$16K$3Kas long as short
Aster USUSDTlong+0.0300%4h0.01635long leg$12K$55K5x
BloFin US-USDT+0.0370%4h0.01636+0.049%$477K$49K10xas long as short
MEXC US_USDT+0.0406%4h0.01636+0.067%$5.5M$117K100xas long as short
Binance USUSDT+0.0420%4h0.01636+0.072%$9.1M$3.1M10xas long as short
Extended US-USDshort+0.0424%1h0.01636+0.034%$4K$141K5x
BingX US-USDT+0.0470%4h0.01637+0.104%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0498%4h0.01636+0.043%$4.3M$248K10xas long as short