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

NIL

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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: Aster against BingX+0.017%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$320as in the Price arb table
costs, in and out, $10k−$3223.222% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.017%, 7d avg −0.005%
Together, before fees−0.018%+ Points / potential airdropAster: Stage 5 · farm board−$2 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 0.023% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NIL-USDT0.069360.0100pay 0.0050% / 4h3h 10m$8.4M
ShortAster NILUSDT0.069370.0100get 0.0050% / 4h3h 10m$23K$315K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
$0
Price spread: +0.017% → −0.005%
$2.25
Slippage, 4 orders
−$304.2
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$319.95
Costs to cover
3.222%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Aster: live order book, 42 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 BingX live order book, 13 min ago5.78 bp25.6 bp −$26119.8 bp −$1,198580.3 bp −$58.0K808.3 bp −$404.2K
Sell Aster live order book, 42 min ago13.28 bp117.7 bp −$118doesn't fitdoesn't fitdoesn't fit

NIL on 12 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
Aster NILUSDTshort+0.0100%4h0.06937+0.017%$23K$315K5x
Binance NILUSDT+0.0100%4h0.06932−0.058%$5.3M$73.1M50xas long as short
Bybit NILUSDT+0.0100%4h0.06942+0.087%$3.8M$13.6M20xas long as short
Gate NIL_USDT+0.0100%4h0.06915−0.303%$450K$2.0M50xas long as short
MEXC NIL_USDT+0.0100%4h0.06932−0.058%$2.2M$4.2M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.06928−0.115%$582K$690K30xas long as short
Bitget NILUSDT+0.0100%4h0.06931−0.072%$1.9M$8.5M50xas long as short
BingX NIL-USDTlong+0.0100%4h0.06936long leg$8.4M
Variational Omni NIL+0.0100%4h0.06938+0.032%$178K$264Kas long as short
Extended NIL-USD+0.0104%1h0.06930−0.086%$17K$172K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NIL-USDT+0.0136%4h0.06930−0.087%$345K$125K50xas long as short
Hyperliquid NIL+0.1164%1h0.06944+0.117%$4.3M$4.7M3xas long as short