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+0.0028%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.019%
Price spread now: Aster against OKX+0.093%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.093% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BASED-USDT-SWAP0.068700.0100pay 0.0050% / 4h1h 16m$2.7M$3.8M20x
ShortAster BASEDUSDT0.068760.0127get 0.0064% / 4h1h 16m$29K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
$5.77
Price spread: +0.093% → 0.000%
$9.26
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$2.96
Costs to cover
0.180%
Break-even
10.6 days
Slippage unknown: OKX: live order book, 1 min ago; Aster: no order-book sample. 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 OKX live order book, 1 min ago2.18 bp23.3 bp −$23122.4 bp −$1,224doesn't fitdoesn't fit
Sell Aster no order-book sample
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 15 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
BloFin BASED-USDT+0.0075%4h0.06887+0.247%$262K$48K25xas long as short
Binance BASEDUSDT+0.0100%4h0.06876+0.087%$4.2M$3.1M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06864−0.087%$2.1M$682K25xas long as short
OKX BASED-USDT-SWAPlong+0.0100%4h0.06870long leg$2.7M$3.8M20x
Gate BASED_USDT+0.0100%4h0.06871+0.015%$537K$585K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06875+0.073%$4.9M$613K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06864−0.087%$573K$74K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06882+0.175%$1.3M$371K25xas long as short
BingX BASED-USDT+0.0100%4h0.06871+0.015%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06873+0.047%$95K$15Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BASED_USDT_Perp+0.0100%4h0.06830−0.581%$95K$380K10xas long as short
SunX BASED-USDT+0.0100%4h0.06871+0.015%$2K$882K20xas long as short
Extended BASED-USD+0.0104%1h0.06876+0.087%$1K$199K5xas long as short
Aster BASEDUSDTshort+0.0127%4h0.06876+0.093%$29K$6K5x
Orderly PERP_BASED_USDC+0.0236%4h0.06876+0.087%$3K$66410xas long as short