Funding arb · Price arb /

H

all H 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 0.000%

Price spread now: Bitget against Aster+0.088%7-day average −0.113% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$664as in the Price arb table

costs, in and out, $10k−$6846.838% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.109%−$11 on $10k

Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.088%, 7d avg −0.113%

Together, before fees−0.113%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.201% dearer against Aster than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HUSDT	0.06693	0.0100	pay 0.0050% / 4h	3h 57m	$109K	$54K	5x
Short	Bitget HUSDT	0.06699	0.0100	get 0.0050% / 4h	3h 57m	$1.7M	$447K	4x

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 +0.088%Rate

Funding earned: $0
Price spread: +0.088% → −0.113%: $20.12
Slippage, 4 orders: −$663.81
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$663.69
Costs to cover: 6.838%
Break-even: never at this rate

Slippage from Aster: live order book, 58 min ago; Bitget: live order book, 4 min ago.

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 live order book, 58 min ago	4.47 bp	38.7 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	7.51 bp	141.5 bp −$141	doesn't fit	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.620%	$1K	$1	5.5x	as long as short
Aster HUSDTlong	+0.0100%	4h	0.06693	long leg	$109K	$54K	5x
Binance HUSDT	+0.0100%	4h	0.06702	+0.131%	$14.3M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06692	−0.013%	$7.4M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06717	+0.357%	$1.8M	$6.1M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06686	−0.106%	$2.7M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06703	+0.148%	$6.0M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06701	+0.118%	$1.6M	$10.0M	8x	as long as short
Bitget HUSDTshort	+0.0100%	4h	0.06699	+0.088%	$1.7M	$447K	4x
BingX H-USDT	+0.0100%	4h	0.06706	+0.193%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06656	−0.549%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06673	−0.300%	$1.1M	$423K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06695	+0.032%	$10K	$97K	5x	as long as short
BloFin H-USDT	+0.0126%	4h	0.06675	−0.270%	$580K	$108K	25x	as long as short