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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0261%/8h= +28.6% APRnext payment +$1.31 per $10,000 · paid last 24h +0.082%
Price spread now: Aster against SunX+0.134%46s7-day average +0.066% · 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)+0.458%+$46 on $10k
Price spread, last 3 days (all we have)−0.236%−$24 · spread now +0.134%, 7d avg +0.066%
Together, before fees+0.222%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aster is 0.069% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.066%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 4-USDT0.022370.0100pay 0.0050% / 4h2h 27m$2K$959K20x
ShortAster 4USDT0.022400.0361get 0.0181% / 4h2h 27m$255K$92K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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
$54.91
Price spread: +0.134% → +0.066%
$6.86
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
$45.77
Costs to cover
0.160%
Break-even
1.2 days
Slippage unknown: SunX: live order book, 55 min ago; Aster: live order book, 59 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 SunX live order book, 55 min ago501.88 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 59 min ago7.04 bp52.2 bp −$52doesn'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%4h0.02238+0.063%$3.0M$1.6M5xas long as short
Variational Omni 4+0.0100%4h0.02235−0.094%$54K$9Kas long as short
SunX 4-USDTlong+0.0100%4h0.02237long leg$2K$959K20x
Gate 4_USDT+0.0224%4h0.02235−0.112%$610K$230K20xas long as short
Binance 4USDT+0.0231%4h0.02241+0.188%$8.7M$10.3M20xas long as short
MEXC 4_USDT+0.0232%4h0.02239+0.089%$2.1M$805K100xas long as short
BingX 4-USDT+0.0238%4h0.02242+0.219%$1.3Mas long as short
Aster 4USDTshort+0.0361%4h0.02240+0.134%$255K$92K5x
KuCoin 4USDTM+0.0438%4h0.02238+0.045%$935K$13.2M20xas long as short