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

M

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0257%/8h= −28.1% APRnext payment $1.28 per $10,000 · paid last 24h −0.052%
Price spread now: Aster against Binance+0.086%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 6 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
The price spread pays, funding is against you. Aster is 0.086% dearer against Binance than usual: you sell high and buy low (spread +0.086% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 27 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUSDT1.37810.0700pay 0.0350% / 4h3h 09m$5.4M$3.9M10x
ShortAster MUSDT1.37930.0443get 0.0221% / 4h3h 09m$14K$83K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
−$53.97
Price spread: +0.086% → 0.000%
$8.61
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$63.36
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 13 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 Binance live order book, 13 min ago0.35 bp38.0 bp −$38395.2 bp −$3,952doesn'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.

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%4h1.3791+0.073%$4.3M$1.8M20xas long as short
Gate M_USDT+0.0100%8h1.3797+0.116%$1.9M$894K10xas long as short
Bitget MUSDT+0.0100%4h1.3789+0.058%$1.8M$249K10xas long as short
Variational Omni M+0.0100%4h1.3815+0.246%$85K$43Kas long as short
Orderly PERP_M_USDC+0.0100%4h1.3830+0.356%$2K$51010xas long as short
SunX M-USDT+0.0100%4h1.3833+0.377%$2K$796K20xas long as short
Aster MUSDTshort+0.0443%4h1.3793+0.086%$14K$83K5x
BingX M-USDT+0.0650%4h1.3785+0.029%$2.4Mas long as short
MEXC M_USDT+0.0692%4h1.3802+0.152%$228K$109K50xas long as short
Binance MUSDTlong+0.0700%4h1.3781long leg$5.4M$3.9M10x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin M-USDT+0.0740%4h1.3806+0.181%$350K$440K10xas long as short
KuCoin MUSDTM+0.1562%4h1.3670−0.809%$1.4M$3.9M10xas long as short