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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.065%
Price spread now: Binance against Aster−0.055%7-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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.055% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016410.0100pay 0.0050% / 4h2h 29m$12K$54K5x
ShortBinance USUSDT0.016400.0101get 0.0051% / 4h2h 29m$9.2M$3.1M10x

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
$0.23
Price spread: −0.055% → 0.000%
−$5.47
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$23.24
Costs to cover
0.180%
Break-even
724.3 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 10 min ago. 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 Aster no order-book sample
Sell Binance live order book, 10 min ago0.61 bp29.5 bp −$29203.2 bp −$2,032doesn't fitdoesn't fit
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.

US on 11 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
KuCoin USUSDTM−0.0042%4h0.01636−0.305%$4.2M$272K20xas long as short
BloFin US-USDT+0.0097%4h0.01641+0.024%$481K$49K10xas long as short
Aster USUSDTlong+0.0100%4h0.01641long leg$12K$54K5x
Bybit USUSDT+0.0100%4h0.01639−0.079%$3.2M$828K20xas long as short
Gate US_USDT+0.0100%4h0.01638−0.189%$2.1M$542K20xas long as short
MEXC US_USDT+0.0100%4h0.01640−0.055%$5.5M$116K100xas long as short
Variational Omni US+0.0100%4h0.01640−0.053%$16K$3Kas long as short
Binance USUSDTshort+0.0101%4h0.01640−0.055%$9.2M$3.1M10x
Extended US-USD+0.0104%1h0.01640−0.069%$4K$141K5xas long as short
Bitget USUSDT+0.0478%4h0.01642+0.061%$4.3M$243K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX US-USDT+0.0496%4h0.01640−0.067%$1.3Mas long as short