Funding arb · Price arb /

IO

all IO markets

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: Aster against BingX+0.173%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Aster

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.173% dearer against BingX than usual: you sell high and buy low, +$17 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX IO-USDT	0.1518	0.0100	pay 0.0050% / 4h	53m 50s	—	$1.3M	—
Short	Aster IOUSDT	0.1521	0.0100	get 0.0050% / 4h	53m 50s	$6K	$32K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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 BingXbpFee AsterbpOrdersPrice spread, now +0.173%Rate

Funding earned: $0
Price spread: +0.173% → 0.000%: $17.26
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$0.74
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 2 min ago	9.87 bp	27.7 bp −$28	67.3 bp −$673	470.2 bp −$47.0K	588.8 bp −$294.4K
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.

IO 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 IO/USDC PERP	−0.0159%	1h	0.1521	+0.198%	$2K	$103	5.5x	as long as short
Hyperliquid IO	+0.0100%	1h	0.1517	−0.040%	$1.0M	$387K	3x	as long as short
Aster IOUSDTshort	+0.0100%	4h	0.1521	+0.173%	$6K	$32K	5x
Binance IOUSDT	+0.0100%	4h	0.1519	+0.088%	$3.0M	$6.5M	50x	as long as short
Bybit IOUSDT	+0.0100%	4h	0.1517	−0.033%	$1.1M	$880K	25x	as long as short
Gate IO_USDT	+0.0100%	4h	0.1520	+0.112%	$245K	$547K	50x	as long as short
MEXC IO_USDT	+0.0100%	4h	0.1518	0.000%	$1.1M	$224K	125x	as long as short
KuCoin IOUSDTM	+0.0100%	4h	0.1520	+0.132%	$391K	$660K	50x	as long as short
Bitget IOUSDT	+0.0100%	4h	0.1520	+0.132%	$1.3M	$1.2M	50x	as long as short
BingX IO-USDTlong	+0.0100%	4h	0.1518	long leg	—	$1.3M	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni IO	+0.0100%	4h	0.1516	−0.113%	$30K	$5K	—	as long as short
Extended IO-USD	+0.0104%	1h	0.1519	+0.081%	$5K	$171K	5x	as long as short
BloFin IO-USDT	+0.0142%	4h	0.1522	+0.264%	$195K	$31K	50x	as long as short
Kraken Futures PF_IOUSD	+1.2530%	1h	0.1522	+0.270%	$39K	$21K	10x	as long as short