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

H

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.07 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Aster+0.051%52s7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4484.484% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.044%+$4 on $10k
Price spread, last 3 days (all we have)+0.296%+$30 · spread now +0.051%, 7d avg +0.108%
Together, before fees+0.340%+ Points / potential airdropAster: Stage 5 · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.057% cheaper against Aster than usual: you would sell low and buy high (spread +0.051% now, against its 7-day average of +0.108%). If the spread goes back, that is −$6 on $10k: about 14 days of funding at the current rate ($0 a day). At the pace of the last 5 days (+0.044% in total) that is about 6.9 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HUSDT0.070420.0100pay 0.0050% / 4h3h 32m$116K$55K5x
ShortBloFin H-USDT0.070460.0113get 0.0057% / 4h3h 32m$596K$118K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$2.74
Price spread: +0.051% → +0.108%
−$5.66
Slippage, 4 orders
−$428.39
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$451.3
Costs to cover
4.484%
Break-even
1160.5 days
Slippage from Aster: live order book, 38 min ago; BloFin: live order book, 39 min ago.

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 live order book, 38 min ago6.40 bp54.9 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 39 min ago2.13 bp35.2 bp −$35111.7 bp −$1,117doesn't fitdoesn't fit

H on 14 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
Injective H/USDC PERP+0.0033%1h0.06250−11.252%$1K$15.5xas long as short
Aster HUSDTlong+0.0100%4h0.07042long leg$116K$55K5x
Binance HUSDT+0.0100%4h0.07058+0.222%$15.1M$10.6M10xas long as short
Bybit HUSDT+0.0100%4h0.07051+0.118%$7.7M$4.6M13xas long as short
OKX H-USDT-SWAP+0.0100%4h0.07065+0.321%$1.8M$6.1M10xas long as short
Gate H_USDT+0.0100%4h0.07045+0.037%$2.9M$1.8M10xas long as short
MEXC H_USDT+0.0100%4h0.07056+0.193%$6.4M$1.1M20xas long as short
KuCoin HUSDTM+0.0100%4h0.07044+0.023%$1.6M$9.9M8xas long as short
Bitget HUSDT+0.0100%4h0.07042−0.006%$1.7M$450K4xas long as short
BingX H-USDT+0.0100%4h0.07050+0.108%$2.7Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni H+0.0100%4h0.07032−0.149%$8K$10Kas long as short
GRVT H_USDT_Perp+0.0100%4h0.07038−0.062%$1.2M$449K10xas long as short
Extended H-USD+0.0104%1h0.07056+0.198%$9K$102K5xas long as short
BloFin H-USDTshort+0.0113%4h0.07046+0.051%$596K$118K25x