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: Gate against Aster−0.087%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 Gate is 0.087% cheaper against Aster than usual: you would sell low and buy high (−$9 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 BASEDUSDT0.068800.0307pay 0.0154% / 4h2h 10m$29K$6K5x
ShortGate BASED_USDT0.068740.0100get 0.0050% / 4h2h 10m$540K$573K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.087% → 0.000%
−$8.73
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$75.24
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Gate: live order book, 55 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 Gate live order book, 55 min ago7.27 bp36.9 bp −$37doesn't fitdoesn'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 BASEDUSDT+0.0100%4h0.06872−0.121%$4.2M$3.2M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06862−0.262%$2.1M$664K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06864−0.233%$2.7M$3.8M20xas long as short
Gate BASED_USDTshort+0.0100%4h0.06874−0.087%$540K$573K50x
MEXC BASED_USDT+0.0100%4h0.06872−0.116%$4.9M$630K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06876−0.058%$572K$71K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06874−0.087%$1.3M$387K25xas long as short
BingX BASED-USDT+0.0100%4h0.06875−0.073%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06864−0.228%$94K$17Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06870−0.144%$93K$372K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDT+0.0100%4h0.06878−0.029%$2K$882K20xas long as short
Extended BASED-USD+0.0104%1h0.06870−0.147%$3K$200K5xas long as short
Orderly PERP_BASED_USDC+0.0249%4h0.06881+0.014%$3K$1K10xas long as short
Aster BASEDUSDTlong+0.0307%4h0.06880long leg$29K$6K5x