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

龙虾

all 龙虾 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1321%/8h= +144.7% APRnext payment +$6.61 per $10,000 · paid last 24h +0.183%
Price spread now: Aster against Binance+0.288%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2492.489% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.729%+$73 on $10k
Price spread, last 4 days (all we have)−0.458%−$46 · spread now +0.288%, 7d avg +0.028%
Together, before fees+0.271%+ Points / potential airdropAster: Stage 5 · farm board+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and Aster is 0.260% dearer against Binance than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.028%.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.729% in total (about 47.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 龙虾USDT0.17810.0100pay 0.0050% / 4h1h 24m$42.9M$233.4M10x
ShortAster 龙虾USDT0.17860.1421get 0.0711% / 4h1h 24m$8.8M$28.1M5x

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

Funding earned
$277.49
Price spread: +0.288% → +0.028%
$26
Slippage, 4 orders
−$230.87
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$54.62
Costs to cover
2.489%
Break-even
5.6 days
Slippage from Binance: live order book, 4 min ago; Aster: live order book, 5 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 Binance live order book, 4 min ago2.82 bp27.1 bp −$27166.8 bp −$1,668doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago19.71 bp90.2 bp −$90doesn't fitdoesn't fitdoesn't fit

龙虾 on 6 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
Binance 龙虾USDTlong+0.0100%4h0.1781long leg$42.9M$233.4M10x
Gate 龙虾_USDT+0.0100%4h0.1777−0.208%$3.3M$14.1M10xas long as short
Bitget 龙虾USDT+0.0100%4h0.1781+0.015%$49.5M$14.6M5xas long as short
SunX 龙虾-USDT+0.0100%4h0.1780−0.045%$2K$2.5M20xas long as short
HTX 龙虾-USDT+0.0159%4h0.1800+1.042%$245K$1.8M10xas long as short
Aster 龙虾USDTshort+0.1421%4h0.1786+0.288%$8.8M$28.1M5x