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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0214%/8h= −23.4% APRnext payment $1.07 per $10,000 · paid last 24h −0.100%
Price spread now: SunX against Aster−0.217%7-day average −0.065% · you buy dearer than you sell
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 6 days (all we have)−0.492%−$49 on $10k
Price spread, last 4 days (all we have)+0.405%+$40 · spread now −0.217%, 7d avg −0.065%
Together, before fees−0.088%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.152% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.065%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 4USDT0.020430.0314pay 0.0157% / 4h3h 45m$242K$117K5x
ShortSunX 4-USDT0.020390.0100get 0.0050% / 4h3h 45m$2K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$44.94
Price spread: −0.217% → −0.065%
−$15.22
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$76.16
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 52 min ago; SunX: live order book, 10 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 live order book, 52 min ago5.40 bp43.0 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 10 min ago496.70 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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
Bybit 4USDT+0.0100%4h0.02041−0.099%$2.7M$2.1M5xas long as short
Variational Omni 4+0.0100%4h0.02042−0.074%$49K$12Kas long as short
SunX 4-USDTshort+0.0100%4h0.02039−0.217%$2K$1.5M20x
Gate 4_USDT+0.0116%4h0.02040−0.158%$558K$330K20xas long as short
KuCoin 4USDTM+0.0220%4h0.02043−0.021%$906K$12.3M20xas long as short
Aster 4USDTlong+0.0314%4h0.02043long leg$242K$117K5x
BingX 4-USDT+0.0417%4h0.02043−0.041%$1.4Mas long as short
Binance 4USDT+0.0419%4h0.02044+0.018%$8.1M$14.3M20xas long as short
MEXC 4_USDT+0.0424%4h0.02043−0.021%$1.8M$956K100xas long as short