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−0.0023%/8h= −2.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.033%
Price spread now: Aster against KuCoin+0.014%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1901.902% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.413%−$41 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.014%, 7d avg +0.023%
Together, before fees−0.430%+ Points / potential airdropAster: Stage 5 · farm board−$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 4USDTM0.021690.0538pay 0.0269% / 4h3h 34m$943K$12.8M20x
ShortAster 4USDT0.021690.0515get 0.0257% / 4h3h 34m$248K$95K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
−$4.89
Price spread: +0.014% → +0.023%
−$0.87
Slippage, 4 orders
−$170.25
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$196.01
Costs to cover
1.902%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Aster: live order book, 38 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 KuCoin live order book, 4 min ago4.61 bp63.5 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 38 min ago6.91 bp49.6 bp −$50doesn'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
Variational Omni 4+0.0100%4h0.02170+0.024%$50K$8Kas long as short
SunX 4-USDT+0.0100%4h0.02171+0.092%$2K$1.1M20xas long as short
Aster 4USDTshort+0.0515%4h0.02169+0.014%$248K$95K5x
KuCoin 4USDTMlong+0.0538%4h0.02169long leg$943K$12.8M20x
Bybit 4USDT+0.0567%4h0.02169+0.023%$2.9M$1.7M5xas long as short
BingX 4-USDT+0.0618%4h0.02173+0.175%$1.4Mas long as short
MEXC 4_USDT+0.0666%4h0.02174+0.231%$1.9M$844K100xas long as short
Binance 4USDT+0.0673%4h0.02172+0.148%$8.4M$11.2M20xas long as short
Gate 4_USDT+0.1562%4h0.02171+0.078%$594K$243K20xas long as short