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

PLAY

all PLAY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0324%/8h= +35.5% APRnext payment +$1.62 per $10,000 · paid last 24h +0.116%
Price spread now: Binance against Aster+0.337%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$3303.296% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.331%+$33 on $10k
Price spread, last 7 days−0.296%−$30 · spread now +0.337%, 7d avg +0.087%
Together, before fees+0.035%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.250% dearer against Aster than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PLAYUSDT0.02832−0.0224get 0.0112% / 4h3h 08m$1.8M$1.0M5x
ShortBinance PLAYUSDT0.028410.0100get 0.0050% / 4h3h 08m$4.5M$10.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$68.08
Price spread: +0.337% → +0.087%
$25
Slippage, 4 orders
−$311.58
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$236.49
Costs to cover
3.296%
Break-even
31.3 days
Slippage from Aster: live order book, 5 min ago; Binance: live order book, 2 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 Aster live order book, 5 min ago1.76 bp53.0 bp −$535122.1 bp −$51.2Kdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago1.76 bp43.6 bp −$44265.1 bp −$2,651doesn't fitdoesn't fit

PLAY on 5 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 PLAYUSDTlong−0.0224%4h0.02832long leg$1.8M$1.0M5x
Binance PLAYUSDTshort+0.0100%4h0.02841+0.337%$4.5M$10.7M10x
MEXC PLAY_USDT+0.0100%4h0.02840+0.297%$7.8M$622K20xas long as short
Extended PLAY-USD+0.0104%1h0.02839+0.273%$2K$119K5xas long as short
Gate PLAY_USDT+0.1446%4h0.02849+0.615%$497K$516K10xas long as short