Funding arb · Price arb /

BASED

all BASED markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%

Price spread now: Bitget against Aster−0.032%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 Bitget

What this pair did over the last

the charts below follow

Funding, last 6 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: Bitget is 0.032% cheaper against Aster than usual: you would sell low and buy high, −$3 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	0.06878	0.0100	pay 0.0050% / 4h	3h 33m	$29K	$6K	5x
Short	Bitget BASEDUSDT	0.06876	0.0100	get 0.0050% / 4h	3h 33m	$1.3M	$360K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.032%Rate

Funding earned: $0
Price spread: −0.032% → 0.000%: −$3.17
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$23.17
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago	6.54 bp	24.8 bp −$25	97.6 bp −$976	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	0.06878	long leg	$29K	$6K	5x
Binance BASEDUSDT	+0.0100%	4h	0.06885	+0.099%	$4.3M	$3.1M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06874	−0.061%	$2.1M	$697K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06882	+0.055%	$2.7M	$3.9M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06873	−0.075%	$540K	$587K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06885	+0.099%	$4.9M	$538K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06864	−0.206%	$582K	$71K	20x	as long as short
Bitget BASEDUSDTshort	+0.0100%	4h	0.06876	−0.032%	$1.3M	$360K	25x
BingX BASED-USDT	+0.0100%	4h	0.06883	+0.070%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06865	−0.195%	$94K	$14K	—	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	0.06863	−0.226%	$96K	$395K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06879	+0.012%	$2K	$902K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06883	+0.069%	$2K	$197K	5x	as long as short
BloFin BASED-USDT	+0.0131%	4h	0.06880	+0.026%	$260K	$48K	25x	as long as short
Orderly PERP_BASED_USDC	+0.0266%	4h	0.06876	−0.032%	$3K	$664	10x	as long as short