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

BE

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.026%
Price spread now: tradeXYZ against Aster+0.013%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$427as in the Funding arb table
Net, price: spread back to 7d avg − costs−$436as in the Price arb table
costs, in and out, $10k−$4414.407% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.138%+$14 on $10k
Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.013%, 7d avg −0.037%
Together, before fees+0.056%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.050% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BEUSDT274.450get 0.0000% / 8h3h 46m$345K$119K20x
ShorttradeXYZ xyz:BE274.490.0050get 0.0006% / 1h46m 46s$5.9M$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: +0.013% → −0.037%
$4.99
Slippage, 4 orders
−$414.65
Fee Aster: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$425.17
Costs to cover
4.407%
Break-even
290.4 days
Slippage from Aster: live order book, 5 min ago; tradeXYZ: live order book, 2 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, 5 min ago32.20 bp342.9 bp −$343doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 2 min ago0.18 bp16.3 bp −$16doesn't fitdoesn'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%8h274.45long leg$345K$119K20x
Gate BE_USDT0.0000%8h274.40−0.020%$1.5M$3.3M50xas long as short
Bitget BEUSDT0.0000%8h274.99+0.195%$1.7M$2.6M20xas long as short
GRVT BE_USDT_Perp0.0000%8h274.27−0.068%$7K$163K10xas long as short
SunX BE-USDT0.0000%8h274.19−0.096%$910$2.4M10xas long as short
HTX BE-USDT0.0000%8h274.79+0.122%$13K$35K20xas long as short
Lighter BE+0.0032%1h274.29−0.060%10xas long as short
Lighter RH BE+0.0032%1h274.44−0.005%$251K$290K10xas long as short
Extended BE-USD+0.0032%1h274.59+0.049%$46K$260K10xas long as short
Binance BEUSDT+0.0035%8h274.76+0.111%$8.5M$36.5M25xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BE-USD+0.0036%1h274.65+0.071%$1.3M$2.7M10xas long as short
Arcus BE-USD+0.0040%1h274.40−0.020%$115K$109K10xas long as short
Vest BE-USD-PERP+0.0046%1h274.61+0.057%10xas long as short
tradeXYZ xyz:BEshort+0.0050%1h274.49+0.013%$5.9M$2.6M10x
Bybit BEUSDT+0.0051%8h274.76+0.111%$2.0M$1.1M25xas long as short
Coinbase International BE-PERP-INTX+0.0064%1h273.08−0.501%$473K$128K10xas long as short
KuCoin BEUSDTM+0.0100%8h274.57+0.042%$371K$19K20xas long as short
Aevo BE-PERP+0.0104%1h274.58+0.045%10xas long as short
OKX BE-USDT-SWAP+0.0139%8h274.85+0.144%$2.7M$6.8M25xas long as short
BloFin BE-USDT+0.0139%8h274.79+0.122%$45K$142K20xas long as short
Deribit BE_USDC-PERPETUAL+0.0661%1h274.58+0.046%$7K$4K10xas long as short