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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0079%/8h= −8.7% APRnext payment $0.40 per $10,000 · paid last 24h −0.092%
Price spread now: SunX against Aster+0.065%7-day average −0.059% · 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 6 days (all we have)−0.481%−$48 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.065%, 7d avg −0.059%
Together, before fees−0.517%+ Points / potential airdropAster: Stage 5 · farm board−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.125% dearer against Aster than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of −0.059%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.2 days. At the pace of the last 6 days (−0.481% in total) that is about 34 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 4USDT0.019970.0179pay 0.0090% / 4h3h 02m$238K$112K5x
ShortSunX 4-USDT0.019980.0100get 0.0050% / 4h3h 02m$2K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$16.66
Price spread: +0.065% → −0.059%
$12.46
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$20.2
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 49 min ago; SunX: live order book, 2 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 live order book, 49 min ago6.44 bp33.3 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 2 min ago503.24 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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
Bybit 4USDT+0.0100%4h0.01995−0.110%$2.6M$2.0M5xas long as short
Gate 4_USDT+0.0100%4h0.01999+0.095%$534K$300K20xas long as short
Variational Omni 4+0.0100%4h0.02009+0.604%$45K$8Kas long as short
SunX 4-USDTshort+0.0100%4h0.01998+0.065%$2K$1.4M20x
Aster 4USDTlong+0.0179%4h0.01997long leg$238K$112K5x
Binance 4USDT+0.0216%4h0.01999+0.097%$7.8M$13.3M20xas long as short
MEXC 4_USDT+0.0220%4h0.01997+0.015%$1.6M$936K100xas long as short
BingX 4-USDT+0.0228%4h0.02000+0.166%$1.4Mas long as short
KuCoin 4USDTM+0.0528%4h0.01994−0.135%$852K$12.3M20xas long as short