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

BASED

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0207%/8h= −22.7% APRnext payment $1.04 per $10,000 · paid last 24h −0.019%
Price spread now: Binance against Aster−0.069%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
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.069% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BASEDUSDT0.068610.0307pay 0.0154% / 4h2h 09m$29K$6K5x
ShortBinance BASEDUSDT0.068560.0100get 0.0050% / 4h2h 09m$4.2M$3.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$43.51
Price spread: −0.069% → 0.000%
−$6.93
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$68.45
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 13 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 Binance live order book, 13 min ago1.45 bp31.8 bp −$32117.4 bp −$1,174doesn'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.

BASED on 14 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
Binance BASEDUSDTshort+0.0100%4h0.06856−0.069%$4.2M$3.2M25x
Bybit BASEDUSDT+0.0100%4h0.06840−0.304%$2.1M$664K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06853−0.115%$2.7M$3.8M20xas long as short
Gate BASED_USDT+0.0100%4h0.06852−0.129%$538K$574K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06853−0.115%$4.9M$630K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06860−0.013%$570K$71K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06861+0.002%$1.3M$387K25xas long as short
BingX BASED-USDT+0.0100%4h0.06857−0.057%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06864+0.050%$94K$17Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06870+0.135%$93K$372K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDT+0.0100%4h0.06860−0.013%$2K$883K20xas long as short
Extended BASED-USD+0.0104%1h0.06854−0.096%$3K$200K5xas long as short
Orderly PERP_BASED_USDC+0.0248%4h0.06871+0.147%$3K$1K10xas long as short
Aster BASEDUSDTlong+0.0307%4h0.06861long leg$29K$6K5x