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

S

all S markets
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Funding spread now, next payment 15:00 UTC+0.2320%/8h
paid, last 24h+0.511%paid, last 5 days+1.053%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 1.053% in total (about 83.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International S-PERP-INTX0.03811−0.2432get 0.0304% / 1h12m 59s$47K$11K25x
ShortAster SUSDT0.03930−0.0112pay 0.0056% / 4h12m 59s$47K$263K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$487.16
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$469.16
Break-even
0.3 days
Slippage unknown: Coinbase International: no order-book sample; Aster: live order book, 35 min ago. Net counts fees only.

Price risk

price view
Price gap now
+3.113%
Avg gap 7d
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 Coinbase International no order-book sample
Sell Aster live order book, 35 min ago15.02 bp32.2 bp −$32doesn't fitdoesn't fitdoesn't fit
Coinbase International: 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.

S on 25 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
01 Exchange SUSD−1.1240%1h$23K$3K5xas long as short
Kraken Futures PF_SUSD−0.2439%1h$33K$48K10xas long as short
Coinbase International S-PERP-INTXlong−0.2432%1h$47K$11K25x
Variational Omni S−0.1032%4h$610K$121Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0377% / S +0.0349%1h$1K100xas long as short
Deribit S_USDC-PERPETUAL−0.0259%1h$66K$11K10xas long as short
Orderly PERP_S_USDC−0.0201%4h$104K$332K10xas long as short
Aster SUSDTshort−0.0112%4h$47K$263K10x
Reya SRUSDPERP−0.0101%1h$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$606150xas long as short
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective S/USDC PERP+0.0033%1h$2K$161K12xas long as short
Lighter S+0.0096%1h$165K$341K5xas long as short
OKX S-USDT-SWAP+0.0098%4h$1.0M$12.6M20xas long as short
Hyperliquid S+0.0100%1h$1.1M$1.5M5xas long as short
Binance SUSDT+0.0100%4h$5.3M$40.6M75xas long as short
Bybit SUSDT+0.0100%4h$5.7M$9.5M50xas long as short
Gate S_USDT+0.0100%4h$328K$409K50xas long as short
MEXC S_USDT+0.0100%4h$3.5M$3.5M200xas long as short
KuCoin SUSDTM+0.0100%4h$1.8M$3.9M50xas long as short
Bitget SUSDT+0.0100%4h$1.2M$4.7M50xas long as short
BingX S-USDT+0.0100%4h$6.9Mas long as short
Backpack S_USDC_PERP+0.0100%1h$114K$218K5xas long as short
ApeX Omni SUSDT+0.0100%1h$24K$503K50xas long as short
Extended S-USD+0.0104%1h$221K$944K10xas long as short
BloFin S-USDT+0.0340%4h$289K$266K75xas long as short