Funding arb · Price arb /

H

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Aster+0.104%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$375as in the Price arb table

costs, in and out, $10k−$3783.781% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.045%+$4 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.104%, 7d avg +0.069%

Together, before fees+0.090%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HUSDT	0.07033	0.0100	pay 0.0050% / 4h	52m 09s	$116K	$53K	5x
Short	Binance HUSDT	0.07040	0.0100	get 0.0050% / 4h	52m 09s	$15.1M	$10.5M	10x

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

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now +0.104%Rate

Funding earned: $0
Price spread: +0.104% → +0.069%: $3.51
Slippage, 4 orders: −$360.13
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$374.62
Costs to cover: 3.781%
Break-even: never at this rate

Slippage from Aster: live order book, 24 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 24 min ago	4.34 bp	44.4 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.71 bp	27.6 bp −$28	233.1 bp −$2,331	doesn't fit	doesn't fit

H on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective H/USDC PERP	+0.0033%	1h	0.06250	−11.129%	$1K	$1	5.5x	as long as short
BloFin H-USDT	+0.0093%	4h	0.07039	+0.090%	$591K	$117K	25x	as long as short
Aster HUSDTlong	+0.0100%	4h	0.07033	long leg	$116K	$53K	5x
Binance HUSDTshort	+0.0100%	4h	0.07040	+0.104%	$15.1M	$10.5M	10x
Bybit HUSDT	+0.0100%	4h	0.07025	−0.104%	$7.7M	$4.6M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.07044	+0.161%	$1.7M	$5.9M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.07030	−0.038%	$2.9M	$1.9M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.07039	+0.090%	$6.3M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.07034	+0.019%	$1.7M	$10.1M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.07028	−0.067%	$1.7M	$449K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.07030	−0.038%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06997	−0.514%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.07012	−0.293%	$1.2M	$437K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.07040	+0.098%	$12K	$107K	5x	as long as short