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

IO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Aster+0.429%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.429% dearer against Aster than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster IOUSDT0.14860.0100pay 0.0050% / 4h2h 34m$23K$47K5x
ShortBloFin IO-USDT0.14920.0122get 0.0061% / 4h2h 34m$194K$38K50x

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
$4.61
Price spread: +0.429% → 0.000%
$42.89
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$27.5
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 46 min ago. Net counts fees only.

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 no order-book sample
Sell BloFin live order book, 46 min ago6.65 bp30.0 bp −$3076.3 bp −$763479.7 bp −$48.0Kdoesn't fit
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.

IO 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
Hyperliquid IO+0.0100%1h0.1487+0.106%$991K$363K3xas long as short
Aster IOUSDTlong+0.0100%4h0.1486long leg$23K$47K5x
Binance IOUSDT+0.0100%4h0.1485−0.067%$2.9M$6.5M50xas long as short
Bybit IOUSDT+0.0100%4h0.1483−0.163%$1.1M$902K25xas long as short
Gate IO_USDT+0.0100%4h0.1486+0.012%$235K$449K50xas long as short
MEXC IO_USDT+0.0100%4h0.1485−0.042%$1.2M$235K125xas long as short
KuCoin IOUSDTM+0.0100%4h0.1487+0.092%$348K$624K50xas long as short
Bitget IOUSDT+0.0100%4h0.1487+0.092%$1.4M$1.3M50xas long as short
BingX IO-USDT+0.0100%4h0.1487+0.092%$1.3Mas long as short
Variational Omni IO+0.0100%4h0.1486+0.043%$30K$16Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended IO-USD+0.0104%1h0.1486−0.001%$3K$215K5xas long as short
BloFin IO-USDTshort+0.0122%4h0.1492+0.429%$194K$38K50x
Injective IO/USDC PERP+0.0619%1h0.1484−0.110%$2K$2005.5xas long as short
Kraken Futures PF_IOUSD+2.7535%1h0.1486+0.026%$38K$9K10xas long as short