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

NIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.2% APRnext payment $0.24 per $10,000 · paid last 24h −0.006%
Price spread now: Aster against BloFin−0.038%62s7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2862.863% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.020%−$2 on $10k
Price spread, last 3 days (all we have)+0.132%+$13 · spread now −0.038%, 7d avg +0.069%
Together, before fees+0.112%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.106% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.069%). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NIL-USDT0.068670.0147pay 0.0074% / 4h50m 04s$352K$149K50x
ShortAster NILUSDT0.068640.0100get 0.0050% / 4h50m 04s$21K$361K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$9.93
Price spread: −0.038% → +0.069%
−$10.65
Slippage, 4 orders
−$266.33
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$306.91
Costs to cover
2.863%
Break-even
never at this rate
Slippage from BloFin: live order book, 25 min ago; Aster: live order book, 27 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 BloFin live order book, 25 min ago2.23 bp23.2 bp −$2390.5 bp −$905doesn't fitdoesn't fit
Sell Aster live order book, 27 min ago14.10 bp132.3 bp −$132doesn't fitdoesn't fitdoesn't fit

NIL 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
Aster NILUSDTshort+0.0100%4h0.06864−0.038%$21K$361K5x
Binance NILUSDT+0.0100%4h0.06863−0.063%$5.3M$80.6M50xas long as short
Bybit NILUSDT+0.0100%4h0.06874+0.102%$3.8M$14.2M20xas long as short
Gate NIL_USDT+0.0100%4h0.06874+0.102%$445K$2.0M50xas long as short
MEXC NIL_USDT+0.0100%4h0.06871+0.058%$2.4M$5.0M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.06873+0.087%$514K$704K30xas long as short
Bitget NILUSDT+0.0100%4h0.068670.000%$1.8M$8.8M50xas long as short
BingX NIL-USDT+0.0100%4h0.06868+0.015%$8.6Mas long as short
Variational Omni NIL+0.0100%4h0.06874+0.104%$177K$266Kas long as short
Extended NIL-USD+0.0104%1h0.06859−0.122%$17K$94K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NIL-USDTlong+0.0147%4h0.06867long leg$352K$149K50x
Hyperliquid NIL+0.1580%1h0.06883+0.236%$4.1M$4.6M3xas long as short