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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h −0.060%
Price spread now: MEXC against Aster+0.063%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.063% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016400.0637pay 0.0319% / 4h2h 01m$12K$53K5x
ShortMEXC US_USDT0.016410.0660get 0.0330% / 4h2h 01m$5.5M$115K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$4.75
Price spread: +0.063% → 0.000%
$6.26
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$0.99
Costs to cover
0.120%
Break-even
8.5 days
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago0.91 bp11.6 bp −$1266.0 bp −$660491.7 bp −$49.2Kdoesn'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 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
Bybit USUSDT+0.0100%4h0.01640+0.032%$3.2M$909K20xas long as short
Gate US_USDT+0.0100%4h0.01639−0.041%$2.1M$598K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01640+0.002%$4.1M$289K20xas long as short
Variational Omni US+0.0100%4h0.01642+0.112%$16K$3Kas long as short
Bitget USUSDT+0.0526%4h0.01643+0.215%$4.3M$261K10xas long as short
Aster USUSDTlong+0.0637%4h0.01640long leg$12K$53K5x
MEXC US_USDTshort+0.0660%4h0.01641+0.063%$5.5M$115K100x
Binance USUSDT+0.0661%4h0.01640+0.008%$9.1M$3.3M10xas long as short
Extended US-USD+0.0664%1h0.01641+0.039%$5K$99K5xas long as short
BingX US-USDT+0.0684%4h0.01640+0.038%$1.3Mas long as short