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

B2

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0390%/8h= −42.7% APRnext payment $1.95 per $10,000 · paid last 24h −0.069%
Price spread now: MEXC against Aster−0.149%7-day average +0.137% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1411.414% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.141%−$14 on $10k
Price spread, last 4 days (all we have)+0.532%+$53 · spread now −0.149%, 7d avg +0.137%
Together, before fees+0.392%+ Points / potential airdropAster: Stage 5 · farm board+$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and MEXC is 0.286% cheaper against Aster than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.137%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.141% in total (about -9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster B2USDT0.50990.0868pay 0.0434% / 4h41m 41s$160K$171K5x
ShortMEXC B2_USDT0.50910.0478get 0.0239% / 4h41m 41s$565K$387K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$81.96
Price spread: −0.149% → +0.137%
−$28.57
Slippage, 4 orders
−$125.38
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$251.91
Costs to cover
1.414%
Break-even
never at this rate
Slippage from Aster: live order book, 15 min ago; MEXC: live order book, 8 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, 15 min ago7.79 bp29.4 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 8 min ago2.96 bp35.5 bp −$36104.4 bp −$1,044236.0 bp −$23.6Kdoesn't fit

B2 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 B2USDT+0.0100%4h0.5090−0.168%$1.6M$2.1M20xas long as short
Bitget B2USDT+0.0318%4h0.5094−0.090%$2.8M$1.0M50xas long as short
Binance B2USDT+0.0466%4h0.5094−0.098%$8.2M$10.3M50xas long as short
MEXC B2_USDTshort+0.0478%4h0.5091−0.149%$565K$387K100x
BingX B2-USDT+0.0482%4h0.5101+0.047%$1.3Mas long as short
Variational Omni B2+0.0529%4h0.5146+0.921%$14K$2Kas long as short
Aster B2USDTlong+0.0868%4h0.5099long leg$160K$171K5x
KuCoin B2USDTM+0.0942%4h0.5095−0.070%$1.0M$319K50xas long as short
Gate B2_USDT+0.2198%4h0.5102+0.067%$915K$360K20xas long as short