Funding arb · Price arb /

H

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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 0.000%

Price spread now: Aster against Bitget+0.424%7-day average +0.106% · 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−$798as in the Price arb table

costs, in and out, $10k−$8298.294% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.109%+$11 on $10k

Price spread, last 4 days (all we have)−0.384%−$38 · spread now +0.424%, 7d avg +0.106%

Together, before fees−0.274%+ Points / potential airdropAster: Stage 5 · farm board−$27 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: Aster is 0.318% dearer against Bitget than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of +0.106%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget HUSDT	0.07058	0.0100	pay 0.0050% / 4h	0m 19s	$1.7M	$452K	4x
Short	Aster HUSDT	0.07088	0.0100	get 0.0050% / 4h	0m 19s	$117K	$54K	5x

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

Position, each leg$Hold fordaysFee BitgetbpFee AsterbpOrdersPrice spread, now +0.424%Rate

Funding earned: $0
Price spread: +0.424% → +0.106%: $31.78
Slippage, 4 orders: −$809.37
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$797.59
Costs to cover: 8.294%
Break-even: never at this rate

Slippage from Bitget: live order book, 7 min ago; Aster: live order book, 10 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 Bitget live order book, 7 min ago	18.44 bp	226.5 bp −$227	539.5 bp −$5,395	doesn't fit	doesn't fit
Sell Aster live order book, 10 min ago	6.40 bp	326.9 bp −$327	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	−11.448%	$1K	$1	5.5x	as long as short
BloFin H-USDT	+0.0042%	4h	0.07080	+0.312%	$593K	$118K	25x	as long as short
Aster HUSDTshort	+0.0100%	4h	0.07088	+0.424%	$117K	$54K	5x
Binance HUSDT	+0.0100%	4h	0.07076	+0.256%	$15.2M	$10.6M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.07064	+0.092%	$7.7M	$4.6M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.07072	+0.198%	$1.8M	$6.1M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.07073	+0.213%	$2.9M	$1.9M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.07081	+0.326%	$6.4M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.07079	+0.298%	$1.7M	$10.0M	8x	as long as short
Bitget HUSDTlong	+0.0100%	4h	0.07058	long leg	$1.7M	$452K	4x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.07087	+0.411%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.07070	+0.171%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.07094	+0.510%	$1.2M	$449K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.07081	+0.327%	$12K	$107K	5x	as long as short