Funding arb · Price arb /

H

all H markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against MEXC+0.075%7-day average −0.073% · 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−$407as in the Price arb table

costs, in and out, $10k−$4224.216% of the position

Long on MEXC Short on Aster

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)−0.191%−$19 · spread now +0.075%, 7d avg −0.073%

Together, before fees−0.236%+ Points / potential airdropAster: Stage 5 · farm board−$24 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: Aster is 0.148% dearer against MEXC than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC H_USDT	0.06673	0.0100	pay 0.0050% / 4h	23m 11s	$6.0M	$1.1M	20x
Short	Aster HUSDT	0.06678	0.0100	get 0.0050% / 4h	23m 11s	$109K	$54K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.075%Rate

Funding earned: $0
Price spread: +0.075% → −0.073%: $14.78
Slippage, 4 orders: −$409.55
Fee MEXC: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$406.77
Costs to cover: 4.216%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Aster: live order book, 33 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 MEXC live order book, 4 min ago	0.75 bp	15.9 bp −$16	58.2 bp −$582	119.2 bp −$11.9K	doesn't fit
Sell Aster live order book, 33 min ago	4.47 bp	353.1 bp −$353	doesn't fit	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	−6.339%	$1K	$1	5.5x	as long as short
KuCoin HUSDTM	+0.0046%	4h	0.06669	−0.060%	$1.6M	$10.0M	8x	as long as short
BloFin H-USDT	+0.0049%	4h	0.06671	−0.030%	$580K	$108K	25x	as long as short
Aster HUSDTshort	+0.0100%	4h	0.06678	+0.075%	$109K	$54K	5x
Binance HUSDT	+0.0100%	4h	0.06674	+0.015%	$14.3M	$11.0M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06661	−0.172%	$7.4M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06678	+0.075%	$1.8M	$6.0M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06665	−0.120%	$2.7M	$1.8M	10x	as long as short
MEXC H_USDTlong	+0.0100%	4h	0.06673	long leg	$6.0M	$1.1M	20x
Bitget HUSDT	+0.0100%	4h	0.06654	−0.285%	$1.7M	$447K	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	0.06667	−0.090%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06677	+0.056%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06682	+0.135%	$1.1M	$423K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06672	−0.011%	$10K	$102K	5x	as long as short