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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0892%/8h= +97.6% APRnext payment +$4.46 per $10,000 · paid last 24h +0.236%
Price spread now: Aster against BloFin−0.048%72s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1321.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.207%+$121 on $10k
Price spread, last 4 days (all we have)+0.790%+$79 · spread now −0.048%, 7d avg +0.012%
Together, before fees+1.997%+ Points / potential airdropAster: Stage 5 · farm board+$200 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.060% cheaper against BloFin than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.012%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$27 a day). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin B-USDT0.20890.0377pay 0.0189% / 4h3h 52m$628K$42K20x
ShortAster BUSDT0.20880.1269get 0.0634% / 4h3h 52m$1.9M$241K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
$187.24
Price spread: −0.048% → +0.012%
−$5.99
Slippage, 4 orders
−$111.52
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$49.74
Costs to cover
1.315%
Break-even
5.1 days
Slippage from BloFin: live order book, 24 min ago; Aster: live order book, 1 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 BloFin live order book, 24 min ago7.19 bp30.8 bp −$31175.4 bp −$1,754doesn't fitdoesn't fit
Sell Aster live order book, 1 min ago2.39 bp27.2 bp −$27doesn't fitdoesn't fitdoesn't fit

B on 11 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 BUSDT+0.0100%4h0.2088−0.048%$1.8M$1.1M13xas long as short
Gate B_USDT+0.0100%4h0.2087−0.096%$3.5M$662K20xas long as short
Binance BUSDT+0.0374%4h0.2091+0.096%$12.2M$2.4M20xas long as short
Extended B-USD+0.0376%1h0.2090+0.030%$15K$302K5xas long as short
BloFin B-USDTlong+0.0377%4h0.2089long leg$628K$42K20x
MEXC B_USDT+0.0380%4h0.2090+0.048%$1.3M$484K100xas long as short
edgeX BUSDC+0.0383%4h0.2086−0.127%$3K$387K5xas long as short
KuCoin BUSDTM+0.0406%4h0.2088−0.034%$1.9M$85K10xas long as short
Bitget BUSDT+0.0518%4h0.2091+0.096%$2.9M$451K10xas long as short
Aster BUSDTshort+0.1269%4h0.2088−0.048%$1.9M$241K5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX B-USDT+0.1742%4h0.2092+0.144%$1.3Mas long as short