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−0.0027%/8h= −3.0% APRnext payment $0.14 per $10,000 · paid last 24h +0.098%
Price spread now: Aster against Bitget−0.170%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.170% cheaper against Bitget than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget USUSDT0.016370.0322pay 0.0161% / 4h58m 23s$4.3M$259K10x
ShortAster USUSDT0.016350.0295get 0.0147% / 4h58m 23s$12K$54K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
−$5.69
Price spread: −0.170% → 0.000%
−$17.01
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$42.7
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago12.81 bp54.8 bp −$55423.7 bp −$4,237doesn'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
Bybit USUSDT+0.0100%4h0.01636−0.104%$3.2M$923K20xas long as short
Gate US_USDT+0.0100%4h0.01633−0.257%$2.1M$584K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01633−0.293%$4.1M$287K20xas long as short
Variational Omni US+0.0100%4h0.01636−0.106%$16K$3Kas long as short
BloFin US-USDT+0.0220%4h0.01635−0.140%$483K$48K10xas long as short
Binance USUSDT+0.0254%4h0.01635−0.128%$9.1M$3.3M10xas long as short
Extended US-USD+0.0264%1h0.01633−0.264%$5K$97K5xas long as short
MEXC US_USDT+0.0266%4h0.01635−0.122%$5.5M$111K100xas long as short
Aster USUSDTshort+0.0295%4h0.01635−0.170%$12K$54K5x
Bitget USUSDTlong+0.0322%4h0.01637long leg$4.3M$259K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX US-USDT+0.0328%4h0.01636−0.110%$1.3Mas long as short