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

BASED

all BASED markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0246%/8h= −26.9% APRnext payment $1.23 per $10,000 · paid last 24h −0.019%
Price spread now: Gate against Aster+0.054%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Gate is 0.054% dearer against Aster than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BASEDUSDT0.068120.0346pay 0.0173% / 4h2h 55m$29K$6K5x
ShortGate BASED_USDT0.068160.0100get 0.0050% / 4h2h 55m$542K$539K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$51.59
Price spread: +0.054% → 0.000%
$5.43
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$69.16
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Gate: live order book, 10 min ago. Net counts fees only.

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 no order-book sample
Sell Gate live order book, 10 min ago7.27 bp36.9 bp −$37doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BASED-USDT+0.0073%4h0.06843+0.451%$255K$41K25xas long as short
Binance BASEDUSDT+0.0100%4h0.06813+0.013%$4.2M$3.1M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06807−0.078%$2.1M$606K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06806−0.093%$2.6M$3.6M20xas long as short
Gate BASED_USDTshort+0.0100%4h0.06816+0.054%$542K$539K50x
MEXC BASED_USDT+0.0100%4h0.06812−0.004%$4.9M$626K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06813+0.010%$564K$60K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06817+0.069%$1.3M$361K25xas long as short
Variational Omni BASED+0.0100%4h0.06814+0.031%$94K$18Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06848+0.521%$91K$373K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDT+0.0100%4h0.06812−0.004%$1K$847K20xas long as short
Extended BASED-USD+0.0104%1h0.06808−0.058%$4K$199K5xas long as short
BingX BASED-USDT+0.0118%4h0.06808−0.063%$1.7Mas long as short
Orderly PERP_BASED_USDC+0.0276%4h0.06816+0.054%$3K$1K10xas long as short
Aster BASEDUSDTlong+0.0346%4h0.06812long leg$29K$6K5x