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

H

all H markets
SwapBacktest
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: Aster against BloFin+0.170%92s7-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)−0.517%−$52 · spread now +0.170%, 7d avg −0.108%
Together, before fees−0.561%+ Points / potential airdropAster: Stage 5 · farm board−$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.278% dearer against BloFin than usual: you sell high and buy low (spread +0.170% now, against its 7-day average of −0.108%): +$28 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months. At the pace of the last 5 days (−0.044% in total) that is about 34 days. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin H-USDT0.070460.0113pay 0.0057% / 4h3h 31m$596K$118K25x
ShortAster HUSDT0.070580.0100get 0.0050% / 4h3h 31m$117K$55K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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: +0.170% → −0.108%
$27.75
Slippage, 4 orders
−$428.39
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$423.37
Costs to cover
4.484%
Break-even
never at this rate
Slippage from BloFin: live order book, 39 min ago; Aster: 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 BloFin live order book, 39 min ago2.13 bp31.4 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 39 min ago6.40 bp326.9 bp −$327doesn't fitdoesn'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%1h0.06250−11.297%$1K$15.5xas long as short
Aster HUSDTshort+0.0100%4h0.07058+0.170%$117K$55K5x
Binance HUSDT+0.0100%4h0.07069+0.326%$15.2M$10.6M10xas long as short
Bybit HUSDT+0.0100%4h0.07058+0.165%$7.7M$4.6M13xas long as short
OKX H-USDT-SWAP+0.0100%4h0.07067+0.298%$1.8M$6.1M10xas long as short
Gate H_USDT+0.0100%4h0.07055+0.128%$2.9M$1.8M10xas long as short
MEXC H_USDT+0.0100%4h0.07064+0.255%$6.4M$1.1M20xas long as short
KuCoin HUSDTM+0.0100%4h0.07048+0.028%$1.6M$9.9M8xas long as short
Bitget HUSDT+0.0100%4h0.07042−0.057%$1.7M$450K4xas long as short
BingX H-USDT+0.0100%4h0.07050+0.057%$2.7Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni H+0.0100%4h0.07032−0.200%$8K$10Kas long as short
GRVT H_USDT_Perp+0.0100%4h0.07038−0.114%$1.2M$449K10xas long as short
Extended H-USD+0.0104%1h0.07058+0.176%$9K$102K5xas long as short
BloFin H-USDTlong+0.0113%4h0.07046long leg$596K$118K25x