Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%

Price spread now: Aster against Binance+0.147%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$285as in the Funding arb table

Net, price: spread back to 7d avg − costs−$266as in the Price arb table

costs, in and out, $10k−$2822.816% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 2 days (all we have)−0.053%−$5 · spread now +0.147%, 7d avg −0.009%

Together, before fees−0.085%+ Points / potential airdropAster: Stage 5 · farm board−$8 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: Aster is 0.155% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BEUSDT	272.89	0	get 0.0000% / 8h	1h 43m	$8.5M	$37.5M	25x
Short	Aster BEUSDT	273.29	0	get 0.0000% / 8h	1h 43m	$344K	$117K	20x

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

Position, each leg$Hold fordaysFee BinancebpFee AsterbpOrdersPrice spread, now +0.147%Rate

Funding earned: $0
Price spread: +0.147% → −0.009%: $15.54
Slippage, 4 orders: −$263.61
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$266.07
Costs to cover: 2.816%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Aster: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 13 min ago	0.92 bp	9.4 bp −$9	28.0 bp −$280	137.4 bp −$13.7K	doesn't fit
Sell Aster live order book, 38 min ago	12.49 bp	50.5 bp −$51	doesn't fit	doesn't fit	doesn't fit

BE on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BEUSDTshort	0.0000%	8h	273.29	+0.147%	$344K	$117K	20x
Extended BE-USD	0.0000%	1h	272.84	−0.018%	$46K	$270K	10x	as long as short
Binance BEUSDTlong	0.0000%	8h	272.89	long leg	$8.5M	$37.5M	25x
Bybit BEUSDT	0.0000%	8h	272.76	−0.047%	$2.0M	$1.2M	25x	as long as short
Gate BE_USDT	0.0000%	8h	272.60	−0.106%	$1.5M	$3.7M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	272.78	−0.040%	$1.7M	$2.7M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	272.73	−0.058%	$7K	$196K	10x	as long as short
SunX BE-USDT	0.0000%	8h	272.82	−0.025%	$1K	$2.6M	10x	as long as short
HTX BE-USDT	0.0000%	8h	272.77	−0.044%	$13K	$33K	20x	as long as short
OKX BE-USDT-SWAP	+0.0028%	8h	272.81	−0.029%	$2.6M	$6.8M	25x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BE	+0.0032%	1h	272.67	−0.080%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	272.85	−0.014%	$249K	$424K	10x	as long as short
QFEX BE-USD	+0.0035%	1h	272.76	−0.047%	$1.3M	$3.7M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	272.64	−0.091%	$114K	$134K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	272.62	−0.099%	—	—	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0064%	1h	272.24	−0.238%	$467K	$121K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	272.70	−0.069%	$368K	$23K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	272.81	−0.030%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	272.81	−0.029%	$45K	$141K	20x	as long as short
tradeXYZ xyz:BE	+0.0234%	1h	272.70	−0.069%	$5.8M	$2.9M	10x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0447%	1h	272.85	−0.014%	$6K	$4K	10x	as long as short