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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0121%/8h= +13.3% APRnext payment +$0.61 per $10,000 · paid last 24h +0.015%
Price spread now: MEXC against Aster−0.187%7-day average +0.080% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1141.136% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.116%+$12 on $10k
Price spread, last 4 days (all we have)+0.045%+$4 · spread now −0.187%, 7d avg +0.080%
Together, before fees+0.161%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.267% cheaper against Aster than usual: you would sell low and buy high (spread −0.187% now, against its 7-day average of +0.080%). If the spread goes back, that is −$27 on $10k: about 7.3 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 4USDT0.021670.0601pay 0.0300% / 4h3h 07m$248K$90K5x
ShortMEXC 4_USDT0.021630.0722get 0.0361% / 4h3h 07m$1.9M$853K100x

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
$25.46
Price spread: −0.187% → +0.080%
−$26.72
Slippage, 4 orders
−$101.6
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$114.86
Costs to cover
1.136%
Break-even
38.6 days
Slippage from Aster: live order book, 64 min ago; MEXC: live order book, 4 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 Aster live order book, 64 min ago6.91 bp32.4 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago4.60 bp15.9 bp −$16104.2 bp −$1,042263.0 bp −$26.3Kdoesn't fit

4 on 9 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
Variational Omni 4+0.0100%4h0.02169+0.110%$50K$8Kas long as short
SunX 4-USDT+0.0100%4h0.02166−0.049%$2K$1.1M20xas long as short
Aster 4USDTlong+0.0601%4h0.02167long leg$248K$90K5x
KuCoin 4USDTM+0.0640%4h0.02166−0.049%$942K$12.7M20xas long as short
Bybit 4USDT+0.0692%4h0.02162−0.234%$2.8M$1.7M5xas long as short
Binance 4USDT+0.0713%4h0.02165−0.081%$8.3M$11.2M20xas long as short
MEXC 4_USDTshort+0.0722%4h0.02163−0.187%$1.9M$853K100x
BingX 4-USDT+0.0788%4h0.02160−0.335%$1.4Mas long as short
Gate 4_USDT+0.1202%4h0.02166−0.054%$593K$245K20xas long as short