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

HPE

RWAall HPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0314%/8h= +34.4% APRnext payment +$3.14 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Aster+0.219%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.219% dearer against Aster than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HPEUSDT61.8040get 0.0000% / 8h3h 47m$833$14620x
ShortKuCoin HPEUSDTM61.9400.0314get 0.0314% / 8h3h 47m$230K$426K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$65.94
Price spread: +0.219% → 0.000%
$21.94
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$67.88
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 25 min ago. Net counts fees only.

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 no order-book sample
Sell KuCoin live order book, 25 min ago16.09 bp267.7 bp −$268doesn't fitdoesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HPE on 10 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 HPEUSDTlong0.0000%8h61.804long leg$833$14620x
Binance HPEUSDT0.0000%8h61.840+0.058%$471K$4.5M20xas long as short
Bybit HPEUSDT0.0000%8h61.800−0.007%$321K$186K25xas long as short
OKX HPE-USDT-SWAP0.0000%8h61.910+0.171%$204K$372K20xas long as short
Gate HPE_USDT0.0000%8h61.880+0.122%$160K$36K20xas long as short
Bitget HPEUSDT0.0000%8h61.990+0.300%$959K$361K20xas long as short
Variational Omni HPE0.0000%8h61.969+0.267%$37K$257Kas long as short
SunX HPE-USDT0.0000%8h61.820+0.025%$1K$289K10xas long as short
HTX HPE-USDT0.0000%8h61.820+0.025%$8K$1K10xas long as short
KuCoin HPEUSDTMshort+0.0314%8h61.940+0.219%$230K$426K20x