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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0070%/8h= −7.6% APRnext payment $0.35 per $10,000 · paid last 24h +0.016%
Price spread now: MEXC against Aster+0.114%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1161.163% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.118%+$12 on $10k
Price spread, last 4 days (all we have)−0.308%−$31 · spread now +0.114%, 7d avg +0.079%
Together, before fees−0.190%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.035% dearer against Aster than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of +0.079%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 40 hours. Mind the row above: over the last 5 days funding on this pair paid +0.118%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 4USDT0.020240.0358pay 0.0179% / 4h22m 49s$241K$111K5x
ShortMEXC 4_USDT0.020260.0288get 0.0144% / 4h22m 49s$1.5M$920K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$14.65
Price spread: +0.114% → +0.079%
$3.51
Slippage, 4 orders
−$104.35
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$127.49
Costs to cover
1.163%
Break-even
never at this rate
Slippage from Aster: live order book, 34 min ago; MEXC: live order book, 3 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, 34 min ago4.25 bp43.6 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago4.94 bp16.3 bp −$16107.9 bp −$1,079257.8 bp −$25.8Kdoesn't fit

4 on 9 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
Variational Omni 4+0.0100%4h0.02020−0.196%$46K$8Kas long as short
SunX 4-USDT+0.0100%4h0.02022−0.084%$2K$1.3M20xas long as short
Bybit 4USDT+0.0242%4h0.02022−0.074%$2.6M$2.0M5xas long as short
Binance 4USDT+0.0279%4h0.02024+0.015%$7.9M$13.0M20xas long as short
MEXC 4_USDTshort+0.0288%4h0.02026+0.114%$1.5M$920K100x
BingX 4-USDT+0.0306%4h0.02025+0.079%$1.4Mas long as short
Aster 4USDTlong+0.0358%4h0.02024long leg$241K$111K5x
Gate 4_USDT+0.0446%4h0.02030+0.301%$543K$291K20xas long as short
KuCoin 4USDTM+0.0832%4h0.02022−0.084%$864K$12.5M20xas long as short