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−0.0123%/8h= −13.5% APRnext payment $0.62 per $10,000 · paid last 24h +0.065%
Price spread now: Aster against Binance+0.020%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance USUSDT0.016460.1035pay 0.0518% / 4h36m 48s$9.2M$3.1M10x
ShortAster USUSDT0.016470.0912get 0.0456% / 4h36m 48s$12K$55K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
−$25.85
Price spread: +0.020% → 0.000%
$1.99
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$41.86
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 3 min ago; Aster: no order-book sample. 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 Binance live order book, 3 min ago0.31 bp44.2 bp −$44315.7 bp −$3,157doesn't fitdoesn't fit
Sell Aster no order-book sample
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+0.0054%4h0.01645−0.096%$4.2M$279K20xas long as short
Bybit USUSDT+0.0100%4h0.01647+0.050%$3.2M$865K20xas long as short
Gate US_USDT+0.0100%4h0.01647+0.026%$2.1M$551K20xas long as short
Variational Omni US+0.0100%4h0.01641−0.296%$16K$3Kas long as short
Bitget USUSDT+0.0770%4h0.01648+0.117%$4.3M$253K10xas long as short
Aster USUSDTshort+0.0912%4h0.01647+0.020%$12K$55K5x
BingX US-USDT+0.0920%4h0.01646+0.008%$1.3Mas long as short
BloFin US-USDT+0.0983%4h0.01647+0.056%$480K$49K10xas long as short
Extended US-USD+0.1000%1h0.01646−0.018%$4K$141K5xas long as short
MEXC US_USDT+0.1000%4h0.01646−0.011%$5.5M$115K100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance USUSDTlong+0.1035%4h0.01646long leg$9.2M$3.1M10x