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

TUT

all TUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0301%/8h= +32.9% APRnext payment +$1.50 per $10,000 · paid last 24h +0.066%
Price spread now: BingX against Aster+0.025%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1031.030% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.881%+$88 on $10k
Price spread, last 4 days (all we have)−0.158%−$16 · spread now +0.025%, 7d avg +0.068%
Together, before fees+0.724%+ Points / potential airdropAster: Stage 5 · farm board+$72 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.044% cheaper against Aster than usual: you would sell low and buy high (spread +0.025% now, against its 7-day average of +0.068%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TUTUSDT0.02277−0.0199get 0.0099% / 4h1h 28m$242K$46K10x
ShortBingX TUT-USDT0.022780.0102get 0.0051% / 4h1h 28m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$63.17
Price spread: +0.025% → +0.068%
−$4.36
Slippage, 4 orders
−$85.03
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$44.23
Costs to cover
1.030%
Break-even
11.9 days
Slippage from Aster: live order book, 53 min ago; BingX: live order book, 5 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, 53 min ago6.57 bp34.2 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago6.57 bp22.3 bp −$2267.5 bp −$675735.7 bp −$73.6Kdoesn't fit

TUT on 10 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 TUTUSDTlong−0.0199%4h0.02277long leg$242K$46K10x
Binance TUTUSDT+0.0100%4h0.02278+0.014%$6.7M$12.8M10xas long as short
Gate TUT_USDT+0.0100%4h0.02277−0.024%$676K$806K10xas long as short
MEXC TUT_USDT+0.0100%4h0.02276−0.063%$2.3M$604K100xas long as short
KuCoin TUTUSDTM+0.0100%4h0.02278+0.025%$1.8M$621K10xas long as short
Bitget TUTUSDT+0.0100%4h0.02276−0.063%$6.3M$1.5M10xas long as short
HTX TUT-USDT+0.0100%4h0.02266−0.502%$40K$232K10xas long as short
Bybit TUTUSDT+0.0101%4h0.02279+0.082%$1.5M$1.1M5xas long as short
BingX TUT-USDTshort+0.0102%4h0.02278+0.025%$2.3M
Extended TUT-USD+0.0104%1h0.02277−0.039%$4105xas long as short