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+0.0228%/8h= +24.9% APRnext payment +$1.14 per $10,000 · paid last 24h +0.086%
Price spread now: Aster against Bitget−0.210%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 pays, the price is against you. Aster is 0.210% cheaper against Bitget than usual: you would sell low and buy high (spread −0.210% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 3.1 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget USUSDT0.016470.0494pay 0.0247% / 4h3m 07s$4.3M$254K10x
ShortAster USUSDT0.016440.0722get 0.0361% / 4h3m 07s$12K$55K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$47.82
Price spread: −0.210% → 0.000%
−$21.02
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$6.79
Costs to cover
0.200%
Break-even
6.0 days
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago14.90 bp50.6 bp −$51458.8 bp −$4,588doesn'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.

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
Bybit USUSDT+0.0100%4h0.01648+0.036%$3.2M$869K20xas long as short
Gate US_USDT+0.0100%4h0.01643−0.267%$2.1M$565K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01640−0.467%$4.2M$278K20xas long as short
Variational Omni US+0.0100%4h0.01645−0.153%$16K$3Kas long as short
Bitget USUSDTlong+0.0494%4h0.01647long leg$4.3M$254K10x
Aster USUSDTshort+0.0722%4h0.01644−0.210%$12K$55K5x
MEXC US_USDT+0.0814%4h0.01646−0.067%$5.5M$117K100xas long as short
Binance USUSDT+0.0815%4h0.01646−0.064%$9.2M$3.2M10xas long as short
Extended US-USD+0.0816%1h0.01646−0.106%$4K$141K5xas long as short
BingX US-USDT+0.0816%4h0.01647−0.012%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin US-USDT+0.0846%4h0.01646−0.055%$479K$49K10xas long as short