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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: Aster against Binance+0.137%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1491.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$7 on $10k
Price spread, last 2 days (all we have)−0.181%−$18 · spread now +0.137%, 7d avg −0.017%
Together, before fees−0.246%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.154% dearer against Binance than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COINUSDT197.730get 0.0000% / 8h6h 16m$14.8M$77.8M20x
ShortAster COINUSDT198.000get 0.0000% / 8h6h 16m$366K$856K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
Price spread: +0.137% → −0.017%
$15.4
Slippage, 4 orders
−$131.17
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$133.77
Costs to cover
1.492%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Aster: live order book, 51 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 Binance live order book, 11 min ago0.25 bp6.5 bp −$715.9 bp −$15964.2 bp −$6,417doesn't fit
Sell Aster live order book, 51 min ago52.73 bp62.3 bp −$62143.1 bp −$1,431doesn't fitdoesn't fit

COIN on 25 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
Bitget COINUSDT−0.0559%8h197.87+0.073%$6.5M$10.1M20xas long as short
Injective COIN/USDC PERP−0.0440%1h197.10−0.317%$43K$48K30xas long as short
Vest COIN-USD-PERP−0.0048%1h197.30−0.216%$290K25xas long as short
Gate COIN_USDT−0.0020%8h197.72−0.003%$1.2M$7.0M50xas long as short
Aster COINUSDTshort0.0000%8h198.00+0.137%$366K$856K20x
Extended COIN_24_5-USD0.0000%1h197.66−0.034%$117K$694K10xas long as short
Binance COINUSDTlong0.0000%8h197.73long leg$14.8M$77.8M20x
Bybit COINUSDT0.0000%8h197.76+0.017%$4.9M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h197.78+0.027%$3.1M$4.6M20xas long as short
Variational Omni COIN0.0000%8h197.75+0.011%$819K$939Kas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h197.57−0.078%$14K$2.1M10xas long as short
QFEX COIN-USD+0.0028%1h197.76+0.017%$1.3M$3.6M10xas long as short
Lighter COIN+0.0032%1h197.66−0.032%$378K$2.0M10xas long as short
Lighter RH COIN+0.0032%1h197.72−0.003%$437K$1.5M10xas long as short
Arcus COIN-USD+0.0040%1h197.82+0.047%$16K$53K5xas long as short
tradeXYZ xyz:COIN+0.0050%1h197.69−0.018%$15.8M$13.5M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h197.68−0.024%$125K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h197.69−0.018%$94$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h197.56−0.084%$351K$3.0M10xas long as short
KuCoin COINUSDTM+0.0100%8h197.73+0.002%$996K$144K20xas long as short
ApeX Omni COINUSDT+0.0100%1h197.60−0.064%$89K$286K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h197.68−0.024%$572$4K10xas long as short
Aevo COIN-PERP+0.0104%1h197.68−0.022%$11710xas long as short
Phoenix COIN+0.0160%1h197.75+0.012%$5K$251K10xas long as short
edgeX COINUSDC+0.0503%4h197.53−0.100%$51K$295K10xas long as short