Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 320.94 | +0.0050 | pay 0.0006% / 1h | 2m 52s | $179K | $9K | 10x | Long Backpack | |
| SHORT | 321.14 | 0 | 0.0000% / 8h | 5h 02m | $566K | $62K | 20x | Short Aster≤10% back |
Price gap+0.064%46s
Funding gap−0.0050% /8h
Funding costs $2 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$45−0.0050% /8h now · paid −0.448% over the last 7D
Price—spread +0.064%46s now · prices read too far apart to compare
Costs−$260.257% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.064%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hGOOGL on 43 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books5.8 / 6.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500Backpack 10x, Aster 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.50Long Backpack: 24 payments, −$1.50; short Aster: 3 payments, $0.00.
- Watch: Prices read 46 s apart+0.064% vs +0.082%Part of this gap may be the market moving.
- Watch: Long leg is thinner$179K vs $566K OIBackpack sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCBackpack Yes · Aster NoKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0213%/8h × 21 periods−$44.82
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$7.71
Fee Backpack bp × 2 orders−$10.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$70.53
price spread not counted: prices read too far apartCosts to cover0.257%Break-evennever at this rate
Slippage: Backpack: live order book, 21 min ago; Aster: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBackpack0.315.8 bp−$6doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAster1.876.1 bp−$615.0 bp−$150doesn’t fitdoesn’t fit
Closing costs about the same again.
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