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

ANSEM

RWAall ANSEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0144%/8h= −15.7% APRnext payment $0.18 per $10,000 · paid last 24h −0.026%
Price spread now: Aster against Phoenix−0.026%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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.026% cheaper against Phoenix than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix ANSEM0.16550.0244pay 0.0030% / 1h3m 30s$68K$37K3x
ShortAster ANSEMUSDT0.16550.0100get 0.0013% / 1h3m 30s$211K$340K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Phoenix. 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
−$30.14
Price spread: −0.026% → 0.000%
−$2.56
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$47.7
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Aster: live order book, 13 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 Phoenix no order-book sample
Sell Aster live order book, 13 min ago59.30 bp316.8 bp −$317doesn't fitdoesn't fitdoesn't fit
Phoenix: 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.

ANSEM on 8 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
Paragon para:ANSEM−0.0515%1h0.1648−0.435%$1.2M$845K3xas long as short
Lighter ANSEM+0.0096%1h0.1663+0.483%$317K$259K3xas long as short
Lighter RH ANSEM+0.0096%1h0.1647−0.471%$43K$181K3xas long as short
Aster ANSEMUSDTshort+0.0100%1h0.1655−0.026%$211K$340K10x
Gate ANSEM_USDT+0.0100%4h0.1644−0.677%$39K$73K10xas long as short
Phoenix ANSEMlong+0.0244%1h0.1655long leg$68K$37K3x
MEXC ANSEM_USDT+0.0400%4h0.1660+0.290%$877K$404K20xas long as short
BingX ANSEM-USDT+0.0400%4h0.1669+0.834%$727Kas long as short