Settings8H · net · $10k
Funding arb · Price arb /

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1731%/8h= +189.5% APRnext payment +$8.65 per $10,000 · paid last 24h +0.411%
Price spread now: KuCoin against Aster−0.798%7-day average −0.795% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$412as in the Price arb table
costs, in and out, $10k−$4124.115% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+2.769%+$277 on $10k
Price spread, last 4 days (all we have)−0.156%−$16 · spread now −0.798%, 7d avg −0.795%
Together, before fees+2.613%+ Points / potential airdropAster: Stage 5 · farm board+$261 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.795%, so right now this pair is about funding alone: +$52 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUSDT1.44820.1301pay 0.0651% / 4h3h 31m$15K$116K5x
ShortKuCoin MUSDTM1.43670.3032get 0.1516% / 4h3h 31m$1.4M$4.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$363.5
Price spread: −0.798% → −0.795%
−$0.29
Slippage, 4 orders
−$391.51
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$48.3
Costs to cover
4.115%
Break-even
7.9 days
Slippage from Aster: live order book, 39 min ago; KuCoin: live order book, 1 min ago.

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 live order book, 39 min ago15.24 bp80.9 bp −$81doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago6.83 bp70.1 bp −$70doesn't fitdoesn't fitdoesn't fit

M on 12 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
Bybit MUSDT+0.0100%4h1.4466−0.111%$4.5M$2.4M20xas long as short
Gate M_USDT+0.0100%8h1.4483+0.006%$2.0M$874K10xas long as short
Variational Omni M+0.0100%4h1.4516+0.232%$90K$43Kas long as short
Orderly PERP_M_USDC+0.0100%4h1.4514+0.220%$2K$59610xas long as short
SunX M-USDT+0.0100%4h1.4548+0.455%$2K$657K20xas long as short
Bitget MUSDT+0.0390%4h1.4508+0.179%$1.9M$350K10xas long as short
Aster MUSDTlong+0.1301%4h1.4482long leg$15K$116K5x
BingX M-USDT+0.1606%4h1.4498+0.110%$2.4Mas long as short
BloFin M-USDT+0.1661%4h1.4500+0.124%$356K$437K10xas long as short
MEXC M_USDT+0.1690%4h1.4502+0.137%$243K$112K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MUSDT+0.1712%4h1.4489+0.048%$5.6M$4.8M10xas long as short
KuCoin MUSDTMshort+0.3032%4h1.4367−0.798%$1.4M$4.2M10x