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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.046%
Price spread now: Coinbase International against Aster−0.054%7-day average −0.274% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2162.159% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.228%+$23 on $10k
Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.054%, 7d avg −0.274%
Together, before fees+0.295%+ Points / potential airdropAster: Stage 5 · farm board+$30 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.220% dearer against Aster than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.274%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BEUSDT272.390get 0.0000% / 8h2h 35m$342K$116K20x
ShortCoinbase International BE-PERP-INTX272.240.0008get 0.0001% / 1h35m 06s$467K$121K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$1.68
Price spread: −0.054% → −0.274%
$22.01
Slippage, 4 orders
−$197.92
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$192.23
Costs to cover
2.159%
Break-even
808.0 days
Slippage from Aster: live order book, 52 min ago; Coinbase International: live order book, 53 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, 52 min ago19.37 bp104.3 bp −$104doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 53 min ago5.50 bp10.5 bp −$1119.8 bp −$198doesn't fitdoesn'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%8h272.39long leg$342K$116K20x
Extended BE-USD0.0000%1h272.02−0.135%$46K$270K10xas long as short
Binance BEUSDT0.0000%8h272.05−0.124%$8.4M$37.4M25xas long as short
Bybit BEUSDT0.0000%8h272.08−0.113%$2.0M$1.2M25xas long as short
OKX BE-USDT-SWAP0.0000%8h272.18−0.076%$2.6M$6.7M25xas long as short
Gate BE_USDT0.0000%8h272.00−0.142%$1.5M$3.8M50xas long as short
Bitget BEUSDT0.0000%8h271.96−0.157%$1.6M$2.7M20xas long as short
GRVT BE_USDT_Perp0.0000%8h272.04−0.126%$7K$202K10xas long as short
SunX BE-USDT0.0000%8h271.92−0.171%$1K$2.6M10xas long as short
HTX BE-USDT0.0000%8h272.01−0.138%$13K$33K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit BE_USDC-PERPETUAL+0.0007%1h272.03−0.131%$6K$4K10xas long as short
Coinbase International BE-PERP-INTXshort+0.0008%1h272.24−0.054%$467K$121K10x
Lighter BE+0.0032%1h271.94−0.164%10xas long as short
Lighter RH BE+0.0032%1h272.09−0.109%$248K$481K10xas long as short
QFEX BE-USD+0.0038%1h271.89−0.182%$1.3M$3.6M10xas long as short
Arcus BE-USD+0.0040%1h271.85−0.197%$113K$134K10xas long as short
Vest BE-USD-PERP+0.0046%1h271.99−0.146%10xas long as short
tradeXYZ xyz:BE+0.0050%1h272.07−0.116%$5.8M$2.9M10xas long as short
KuCoin BEUSDTM+0.0100%8h272.02−0.135%$367K$25K20xas long as short
Aevo BE-PERP+0.0104%1h272.08−0.113%10xas long as short
BloFin BE-USDT+0.0120%8h272.02−0.135%$45K$141K20xas long as short