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

ALGO

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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 0.000%
Price spread now: Bitget against Aster−0.051%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.051% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ALGOUSDT0.11090.0100pay 0.0100% / 8h4h 46m$44K$38K5x
ShortBitget ALGOUSDT0.11080.0100get 0.0100% / 8h4h 46m$5.5M$3.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: −0.051% → 0.000%
−$5.08
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$25.08
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 1 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 no order-book sample
Sell Bitget live order book, 1 min ago4.51 bp24.6 bp −$2551.9 bp −$519doesn't fitdoesn't fit
Aster: 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.

ALGO on 22 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
Deribit ALGO_USDC-PERPETUAL−0.0291%1h0.1108−0.087%$88K$44K25xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1109+0.048%$16K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+1.032%$834$233K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0080%1h0.1116+0.707%$88K$291K50xas long as short
Hyperliquid ALGO+0.0100%1h0.1110+0.103%$3.7M$2.0M5xas long as short
Aster ALGOUSDTlong+0.0100%8h0.1109long leg$44K$38K5x
Binance ALGOUSDT+0.0100%8h0.1108−0.071%$9.7M$34.7M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1107−0.114%$11.3M$12.5M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1108−0.087%$2.8M$7.7M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1108−0.087%$858K$886K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1108−0.042%$23.0M$3.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1109+0.012%$3.5M$1.5M50xas long as short
Bitget ALGOUSDTshort+0.0100%8h0.1108−0.051%$5.5M$3.5M75x
BingX ALGO-USDT+0.0100%8h0.1108−0.096%$3.3Mas long as short
Variational Omni ALGO+0.0100%8h0.1110+0.157%$61K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1109+0.030%$59K$140K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1111+0.220%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1108−0.087%$4K$227K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1108−0.042%$487K$888K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0342% / S −0.0313%1h0.1109−0.002%$7K100xas long as short
Kraken Futures PF_ALGOUSD+0.0379%1h0.1108−0.084%$817K$1.0M50xas long as short
dYdX ALGO-USD+0.1143%1h0.1110+0.094%$160K$4K5xas long as short