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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0179%/8h= +19.6% APRnext payment +$1.79 per $10,000 · paid last 24h +0.008%
Price spread now: Binance against Aster+0.139%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$470as in the Funding arb table
Net, price: spread back to 7d avg − costs−$461as in the Price arb table
costs, in and out, $10k−$4744.744% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 2 days (all we have)−0.234%−$23 · spread now +0.139%, 7d avg +0.007%
Together, before fees−0.193%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.132% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BEUSDT275.070get 0.0000% / 8h7h 18m$346K$119K20x
ShortBinance BEUSDT275.450.0179get 0.0179% / 8h7h 18m$8.6M$36.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$37.63
Price spread: +0.139% → +0.007%
$13.23
Slippage, 4 orders
−$456.36
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$423.5
Costs to cover
4.744%
Break-even
85.8 days
Slippage from Aster: live order book, 54 min ago; Binance: live order book, 9 min ago.

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 live order book, 54 min ago26.22 bp385.2 bp −$385doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 9 min ago0.73 bp10.0 bp −$1024.8 bp −$24880.3 bp −$8,029doesn't fit

BE on 21 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
Aster BEUSDTlong0.0000%8h275.07long leg$346K$119K20x
Gate BE_USDT0.0000%8h275.20+0.047%$1.5M$3.4M50xas long as short
Bitget BEUSDT0.0000%8h275.32+0.091%$1.7M$2.6M20xas long as short
SunX BE-USDT0.0000%8h275.40+0.120%$1K$2.5M10xas long as short
HTX BE-USDT0.0000%8h275.66+0.215%$13K$33K20xas long as short
Lighter BE+0.0032%1h275.29+0.080%10xas long as short
Lighter RH BE+0.0032%1h275.31+0.087%$251K$300K10xas long as short
QFEX BE-USD+0.0037%1h275.35+0.102%$1.3M$3.6M10xas long as short
Arcus BE-USD+0.0040%1h275.29+0.080%$115K$112K10xas long as short
Bybit BEUSDT+0.0043%8h275.66+0.215%$2.0M$1.2M25xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BE-USD-PERP+0.0046%1h275.41+0.124%10xas long as short
tradeXYZ xyz:BE+0.0050%1h275.28+0.076%$6.0M$2.9M10xas long as short
KuCoin BEUSDTM+0.0100%8h275.50+0.156%$372K$22K20xas long as short
Aevo BE-PERP+0.0104%1h275.37+0.108%10xas long as short
Coinbase International BE-PERP-INTX+0.0128%1h275.39+0.116%$477K$132K10xas long as short
Extended BE-USD+0.0176%1h275.40+0.119%$47K$260K10xas long as short
Binance BEUSDTshort+0.0179%8h275.45+0.139%$8.6M$36.3M25x
Deribit BE_USDC-PERPETUAL+0.0222%1h275.47+0.145%$7K$4K10xas long as short
OKX BE-USDT-SWAP+0.0257%8h275.55+0.175%$2.6M$6.8M25xas long as short
BloFin BE-USDT+0.0296%8h275.63+0.204%$45K$141K20xas long as short
GRVT BE_USDT_Perp+0.0600%8h275.46+0.141%$7K$174K10xas long as short