Funding arb · Price arb /

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: Binance against Aster−0.070%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.070% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BASEDUSDT	0.06727	0.0100	pay 0.0050% / 4h	2h 54m	$28K	$6K	5x
Short	Binance BASEDUSDT	0.06722	0.0100	get 0.0050% / 4h	2h 54m	$4.1M	$2.9M	25x

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

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now −0.070%Rate

Funding earned: $0
Price spread: −0.070% → 0.000%: −$6.98
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$24.98
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell Binance live order book, 12 min ago	0.74 bp	26.4 bp −$26	99.7 bp −$997	doesn't fit	doesn't fit

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BASED on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BASEDUSDTlong	+0.0100%	4h	0.06727	long leg	$28K	$6K	5x
Binance BASEDUSDTshort	+0.0100%	4h	0.06722	−0.070%	$4.1M	$2.9M	25x
Bybit BASEDUSDT	+0.0100%	4h	0.06711	−0.233%	$2.1M	$572K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06707	−0.293%	$2.6M	$3.3M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06716	−0.159%	$534K	$507K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06725	−0.025%	$4.8M	$643K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06727	+0.005%	$567K	$109K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06719	−0.114%	$1.3M	$357K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06706	−0.308%	—	$1.6M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06708	−0.271%	$92K	$21K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06728	+0.016%	$93K	$379K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06723	−0.055%	$1K	$787K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06718	−0.126%	$5K	$226K	5x	as long as short
BloFin BASED-USDT	+0.0155%	4h	0.06721	−0.085%	$211K	$37K	25x	as long as short
Orderly PERP_BASED_USDC	+0.0244%	4h	0.06731	+0.064%	$3K	$652	10x	as long as short