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+0.0051%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h −0.060%
Price spread now: MEXC against Aster+0.219%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 MEXC is 0.219% dearer against Aster than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016440.0753pay 0.0376% / 4h3h 43m$12K$55K5x
ShortMEXC US_USDT0.016480.0804get 0.0402% / 4h3h 43m$5.5M$113K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$10.77
Price spread: +0.219% → 0.000%
$21.9
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
$20.66
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago1.83 bp11.1 bp −$1163.4 bp −$634284.9 bp −$28.5Kdoesn'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%4h0.01649+0.292%$3.3M$875K20xas long as short
Gate US_USDT+0.0100%4h0.01646+0.079%$2.1M$558K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01642−0.109%$4.2M$275K20xas long as short
Variational Omni US+0.0100%4h0.01644−0.028%$16K$3Kas long as short
Bitget USUSDT+0.0434%4h0.01650+0.359%$4.3M$250K10xas long as short
Aster USUSDTlong+0.0753%4h0.01644long leg$12K$55K5x
BloFin US-USDT+0.0779%4h0.01641−0.170%$477K$49K10xas long as short
BingX US-USDT+0.0786%4h0.01649+0.286%$1.3Mas long as short
MEXC US_USDTshort+0.0804%4h0.01648+0.219%$5.5M$113K100x
Binance USUSDT+0.0805%4h0.01648+0.229%$9.2M$3.1M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended US-USD+0.0808%1h0.01647+0.183%$2K$139K5xas long as short