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: Aster against SunX+0.156%7-day average — · you sell dearer than you buy

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

Long on SunX Short on Aster

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: Aster is 0.156% dearer against SunX than usual: you sell high and buy low, +$16 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	SunX BASED-USDT	0.06704	0.0100	pay 0.0050% / 4h	2h 54m	$1K	$786K	20x
Short	Aster BASEDUSDT	0.06714	0.0100	get 0.0050% / 4h	2h 54m	$28K	$6K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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 SunXbpFee AsterbpOrdersPrice spread, now +0.156%Rate

Funding earned: $0
Price spread: +0.156% → 0.000%: $15.57
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$0.43
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 27 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 27 min ago	501.34 bp	doesn't fit	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BASEDUSDTshort	+0.0100%	4h	0.06714	+0.156%	$28K	$6K	5x
Binance BASEDUSDT	+0.0100%	4h	0.06716	+0.181%	$4.1M	$2.9M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06703	−0.015%	$2.1M	$572K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06713	+0.134%	$2.6M	$3.3M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06712	+0.119%	$534K	$510K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06715	+0.164%	$4.8M	$643K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06708	+0.060%	$565K	$110K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06721	+0.254%	$1.3M	$357K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06711	+0.104%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06708	+0.067%	$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	+0.355%	$93K	$379K	10x	as long as short
SunX BASED-USDTlong	+0.0100%	4h	0.06704	long leg	$1K	$786K	20x
Extended BASED-USD	+0.0104%	1h	0.06717	+0.198%	$5K	$226K	5x	as long as short
BloFin BASED-USDT	+0.0155%	4h	0.06721	+0.254%	$211K	$37K	25x	as long as short
Orderly PERP_BASED_USDC	+0.0248%	4h	0.06720	+0.239%	$3K	$652	10x	as long as short