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

STABLE

all STABLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.006%
Price spread now: Aster against BloFin−0.070%72s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.070% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin STABLE-USDT0.025090.0126pay 0.0063% / 4h3h 08m$117K$8K75x
ShortAster STABLEUSDT0.025070.0100get 0.0050% / 4h3h 08m$19K$7K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$5.53
Price spread: −0.070% → 0.000%
−$7.02
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$32.56
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 47 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 47 min ago3.99 bp25.9 bp −$2668.7 bp −$687doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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.

STABLE on 15 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
Lighter STABLE+0.0096%1h0.02520+0.426%$116K$8K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02507−0.080%$884K$209K3xas long as short
Aster STABLEUSDTshort+0.0100%4h0.02507−0.070%$19K$7K20x
Binance STABLEUSDT+0.0100%4h0.02506−0.139%$2.5M$2.9M75xas long as short
Bybit STABLEUSDT+0.0100%4h0.02508−0.040%$1.5M$764K25xas long as short
OKX STABLE-USDT-SWAP+0.0100%4h0.02507−0.080%$203K$428K20xas long as short
Gate STABLE_USDT+0.0100%4h0.02507−0.080%$174K$72K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.02506−0.120%$622K$172K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02515+0.239%$186K$30K30xas long as short
Bitget STABLEUSDT+0.0100%4h0.02505−0.159%$293K$96K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STABLE-USDT+0.0100%4h0.02506−0.120%$6.5Mas long as short
Variational Omni STABLE+0.0100%4h0.02509+0.003%$147K$50Kas long as short
SunX STABLE-USDT+0.0100%4h0.02504−0.203%$1K$790K20xas long as short
Extended STABLE-USD+0.0104%1h0.02505−0.163%$14K$146K10xas long as short
BloFin STABLE-USDTlong+0.0126%4h0.02509long leg$117K$8K75x