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

AR

all AR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Aster−0.080%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$850.850% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.079%+$8 on $10k
Price spread, last 3 days (all we have)+0.482%+$48 · spread now −0.080%, 7d avg −0.043%
Together, before fees+0.561%+ Points / potential airdropAster: Stage 5 · farm board+$56 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.037% cheaper against Aster than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of −0.043%). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day). At the pace of the last 5 days (+0.079% in total) that is about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ARUSDT4.46660.0100pay 0.0100% / 8h2h 08m$20K$621K10x
ShortBloFin AR-USDT4.46300.0220get 0.0220% / 8h2h 08m$419K$666K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: −0.080% → −0.043%
−$3.71
Slippage, 4 orders
−$65.03
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$63.54
Costs to cover
0.850%
Break-even
24.6 days
Slippage from Aster: live order book, 14 min ago; BloFin: live order book, 13 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, 14 min ago7.79 bp33.3 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 13 min ago2.23 bp14.2 bp −$1436.8 bp −$368doesn't fitdoesn't fit

AR on 17 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
Kraken Futures PF_ARUSD−0.2010%1h4.4645−0.047%$46K$155K20xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0551%1h4.4650−0.035%$574K50xas long as short
Injective AR/USDC PERP+0.0033%1h4.5720+2.360%$3K$3635.5xas long as short
Hyperliquid AR+0.0100%1h4.4708+0.094%$3.8M$4.8M5xas long as short
Aster ARUSDTlong+0.0100%8h4.4666long leg$20K$621K10x
Binance ARUSDT+0.0100%8h4.4634−0.071%$8.7M$55.9M75xas long as short
Bybit ARUSDT+0.0100%8h4.4610−0.125%$4.6M$9.0M75xas long as short
OKX AR-USDT-SWAP+0.0100%8h4.4570−0.215%$2.2M$20.5M20xas long as short
Gate AR_USDT+0.0100%8h4.4620−0.103%$2.5M$2.3M50xas long as short
MEXC AR_USDT+0.0100%8h4.4640−0.058%$6.8M$4.8M100xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ARUSDTM+0.0100%8h4.4640−0.058%$1.4M$1.1M50xas long as short
Bitget ARUSDT+0.0100%8h4.4600−0.147%$3.8M$5.6M75xas long as short
BingX AR-USDT+0.0100%8h4.4630−0.080%$2.9Mas long as short
Variational Omni AR+0.0100%8h4.4619−0.105%$135K$174Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.4640−0.058%$56K$748K50xas long as short
Extended AR-USD+0.0104%1h4.4630−0.080%$36K$237K10xas long as short
BloFin AR-USDTshort+0.0220%8h4.4630−0.080%$419K$666K20x