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

ON

all ON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0190%/8h= +20.9% APRnext payment +$0.95 per $10,000 · paid last 24h +0.055%
Price spread now: Aster against Binance+0.208%7-day average −0.156% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2662.662% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.615%+$61 on $10k
Price spread, last 4 days (all we have)−0.265%−$26 · spread now +0.208%, 7d avg −0.156%
Together, before fees+0.350%+ Points / potential airdropAster: Stage 5 · farm board+$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aster is 0.364% dearer against Binance than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of −0.156%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ONUSDT0.13580.0100pay 0.0050% / 4h1h 30m$5.9M$3.8M50x
ShortAster ONUSDT0.13610.0290get 0.0145% / 4h1h 30m$442K$32K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$39.99
Price spread: +0.208% → −0.156%
$36.4
Slippage, 4 orders
−$248.17
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$189.78
Costs to cover
2.662%
Break-even
40.2 days
Slippage from Binance: live order book, 7 min ago; Aster: live order book, 51 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 Binance live order book, 7 min ago3.66 bp50.0 bp −$50256.7 bp −$2,567doesn't fitdoesn't fit
Sell Aster live order book, 51 min ago14.80 bp74.5 bp −$74doesn't fitdoesn't fitdoesn't fit

ON on 8 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
Binance ONUSDTlong+0.0100%4h0.1358long leg$5.9M$3.8M50x
Gate ON_USDT+0.0100%4h0.1357−0.038%$303K$34K5xas long as short
MEXC ON_USDT+0.0100%4h0.1358+0.013%$1.1M$412K50xas long as short
KuCoin ONUSDTM+0.0100%4h0.1358+0.035%$747K$72K50xas long as short
BingX ON-USDT+0.0100%4h0.1358+0.013%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1366+0.628%$25K$7Kas long as short
edgeX ONUSDC+0.0117%4h0.1364+0.430%$8K$135K10xas long as short
Aster ONUSDTshort+0.0290%4h0.1361+0.208%$442K$32K5x