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−0.0106%/8h= −11.6% APRnext payment $0.53 per $10,000 · paid last 24h −0.009%
Price spread now: Aster against MEXC+0.036%7-day average −0.072% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1141.139% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.121%−$12 on $10k
Price spread, last 4 days (all we have)+0.207%+$21 · spread now +0.036%, 7d avg −0.072%
Together, before fees+0.086%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.108% dearer against MEXC than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.072%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC 4_USDT0.020330.0386pay 0.0193% / 4h3h 38m$1.8M$963K100x
ShortAster 4USDT0.020340.0280get 0.0140% / 4h3h 38m$240K$117K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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
−$22.26
Price spread: +0.036% → −0.072%
$10.76
Slippage, 4 orders
−$101.91
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$125.41
Costs to cover
1.139%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Aster: live order book, 58 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 MEXC live order book, 3 min ago4.90 bp17.3 bp −$17104.8 bp −$1,048262.3 bp −$26.2Kdoesn't fit
Sell Aster live order book, 58 min ago5.40 bp37.1 bp −$37doesn'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%4h0.02031−0.098%$2.7M$2.1M5xas long as short
Variational Omni 4+0.0100%4h0.02038+0.227%$49K$12Kas long as short
SunX 4-USDT+0.0100%4h0.02037+0.197%$2K$1.5M20xas long as short
Gate 4_USDT+0.0158%4h0.02038+0.221%$557K$330K20xas long as short
KuCoin 4USDTM+0.0168%4h0.02030−0.148%$902K$12.3M20xas long as short
Aster 4USDTshort+0.0280%4h0.02034+0.036%$240K$117K5x
Binance 4USDT+0.0376%4h0.02033+0.020%$8.0M$14.3M20xas long as short
MEXC 4_USDTlong+0.0386%4h0.02033long leg$1.8M$963K100x
BingX 4-USDT+0.0398%4h0.02033+0.010%$1.4Mas long as short