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

BASED

all BASED markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.43 per $10,000 · paid last 24h +0.010%
Price spread now: Aster against Bitget−0.084%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. Aster is 0.084% cheaper against Bitget than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3.3 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BASEDUSDT0.067820.0100pay 0.0050% / 4h2h 13m$1.3M$360K25x
ShortAster BASEDUSDT0.067760.0186get 0.0093% / 4h2h 13m$29K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$17.98
Price spread: −0.084% → 0.000%
−$8.39
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$10.41
Costs to cover
0.200%
Break-even
11.1 days
Slippage unknown: Bitget: live order book, 3 min ago; Aster: no order-book sample. 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 Bitget live order book, 3 min ago4.42 bp22.7 bp −$2390.3 bp −$903doesn't fitdoesn't fit
Sell Aster no order-book sample
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+0.0072%4h0.06778−0.059%$211K$37K25xas long as short
Binance BASEDUSDT+0.0100%4h0.06775−0.105%$4.2M$2.9M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06769−0.192%$2.1M$582K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06765−0.251%$2.6M$3.4M20xas long as short
Gate BASED_USDT+0.0100%4h0.06777−0.074%$538K$524K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06775−0.103%$4.8M$657K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06766−0.236%$565K$111K20xas long as short
Bitget BASEDUSDTlong+0.0100%4h0.06782long leg$1.3M$360K25x
BingX BASED-USDT+0.0100%4h0.06773−0.133%$1.6Mas long as short
Variational Omni BASED+0.0100%4h0.06768−0.204%$92K$22Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BASED_USDT_Perp+0.0100%4h0.06726−0.821%$92K$359K10xas long as short
SunX BASED-USDT+0.0100%4h0.06775−0.103%$1K$798K20xas long as short
Extended BASED-USD+0.0104%1h0.06776−0.086%$5K$226K5xas long as short
Aster BASEDUSDTshort+0.0186%4h0.06776−0.084%$29K$6K5x
Orderly PERP_BASED_USDC+0.0322%4h0.06779−0.044%$3K$65210xas long as short