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

B

all B markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0499%/8h= −54.6% APRnext payment $2.49 per $10,000 · paid last 24h −0.179%
Price spread now: Binance against Aster−0.098%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1151.151% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.188%−$119 on $10k
Price spread, last 7 days+0.071%+$7 · spread now −0.098%, 7d avg −0.028%
Together, before fees−1.118%+ Points / potential airdropAster: Stage 5 · farm board−$112 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Binance is 0.071% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BUSDT0.20330.1378pay 0.0689% / 4h1h 34m$1.9M$207K5x
ShortBinance BUSDT0.20310.0879get 0.0440% / 4h1h 34m$11.7M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$104.69
Price spread: −0.098% → −0.028%
−$7.06
Slippage, 4 orders
−$97.1
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$226.85
Costs to cover
1.151%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; Binance: live order book, 6 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, 4 min ago7.38 bp27.7 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago4.93 bp30.3 bp −$30231.6 bp −$2,316doesn't fitdoesn't fit

B on 11 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
Gate B_USDT+0.0100%4h0.20330.000%$3.5M$591K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2034+0.069%$1.9M$71K10xas long as short
Binance BUSDTshort+0.0879%4h0.2031−0.098%$11.7M$2.0M20x
Extended B-USD+0.0880%1h0.2031−0.118%$15K$117K5xas long as short
MEXC B_USDT+0.0880%4h0.2032−0.049%$976K$348K100xas long as short
BloFin B-USDT+0.0886%4h0.20330.000%$596K$39K20xas long as short
edgeX BUSDC+0.0890%4h0.2033−0.017%$3K$391K5xas long as short
Bybit BUSDT+0.1026%4h0.2029−0.182%$1.8M$961K13xas long as short
BingX B-USDT+0.1134%4h0.20330.000%$1.2Mas long as short
Bitget BUSDT+0.1236%4h0.20330.000%$2.8M$230K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDTlong+0.1378%4h0.2033long leg$1.9M$207K5x