data as of
Settings8H · net · $10k
Funding arb /

S

all S markets
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Funding spread now, next payment 18:00 UTC−0.0213%/8h
paid, last 24h−0.105%paid, last 5 days+0.245%to open and close $10k−$105
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack S_USDC_PERP0.038600.0100pay 0.0013% / 1h41m 43s$112K$229K5x
ShortAster SUSDT0.03856−0.0113pay 0.0056% / 4h2h 41m$42K$260K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$44.67
Slippage, 4 orders
−$86.63
Fee Backpack: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$149.3
Break-even
never at this rate
Slippage from Backpack: live order book, 63 min ago; Aster: live order book, 62 min ago.

Price risk

price view
Price gap now
−0.108%
Avg gap 7d
+0.016%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 63 min ago12.77 bp21.2 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 62 min ago10.19 bp29.2 bp −$29doesn't fitdoesn't fitdoesn't fit

S on 25 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International S-PERP-INTX−0.2080%1h$47K$10K25xas long as short
Kraken Futures PF_SUSD−0.1667%1h$33K$43K10xas long as short
Variational Omni S−0.0850%4h$600K$121Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0327% / S +0.0305%1h$1K100xas long as short
Aster SUSDTshort−0.0113%4h$42K$260K10x
Reya SRUSDPERP−0.0101%1h$415xas long as short
Orderly PERP_S_USDC−0.0100%4h$102K$326K10xas long as short
01 Exchange SUSD−0.0080%1h$23K$3K5xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$595150xas long as short
Injective S/USDC PERP+0.0033%1h$2K$120K12xas long as short
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter S+0.0096%1h$162K$309K5xas long as short
Hyperliquid S+0.0100%1h$993K$1.4M5xas long as short
Binance SUSDT+0.0100%4h$5.2M$38.6M75xas long as short
Bybit SUSDT+0.0100%4h$5.6M$9.0M50xas long as short
OKX S-USDT-SWAP+0.0100%4h$974K$11.8M20xas long as short
Gate S_USDT+0.0100%4h$318K$366K50xas long as short
MEXC S_USDT+0.0100%4h$3.5M$3.4M200xas long as short
KuCoin SUSDTM+0.0100%4h$1.8M$3.8M50xas long as short
Bitget SUSDT+0.0100%4h$1.1M$4.6M50xas long as short
BingX S-USDT+0.0100%4h$6.9Mas long as short
Backpack S_USDC_PERPlong+0.0100%1h$112K$229K5x
ApeX Omni SUSDT+0.0100%1h$24K$496K50xas long as short
Extended S-USD+0.0104%1h$216K$946K10xas long as short
Deribit S_USDC-PERPETUAL+0.0269%1h$65K$11K10xas long as short
BloFin S-USDT+0.0340%4h$278K$259K75xas long as short