Funding arb · Price arb /

NOT

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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: Binance against Aster−0.061%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Binance

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: Binance is 0.061% cheaper against Aster than usual: you would sell low and buy high, −$6 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	Aster NOTUSDT	0.0005063	0.0100	pay 0.0050% / 4h	1h 38m	$14K	$9K	5x
Short	Binance NOTUSDT	0.0005060	0.0100	get 0.0050% / 4h	1h 38m	$2.1M	$3.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now −0.061%Rate

Funding earned: $0
Price spread: −0.061% → 0.000%: −$6.12
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$24.12
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Binance: live order book, 12 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell Binance live order book, 12 min ago	2.96 bp	20.9 bp −$21	113.1 bp −$1,131	doesn't fit	doesn't fit

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.

NOT on 16 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
Variational Omni NOT	−0.0336%	4h	0.0005057	−0.122%	$71K	$39K	—	as long as short
KuCoin NOTUSDTM	−0.0186%	4h	0.0005053	−0.201%	$464K	$129K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.737%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDT	+0.0069%	4h	0.0005072	+0.174%	$112K	$17K	50x	as long as short
Bybit NOTUSDT	+0.0070%	4h	0.0005053	−0.201%	$2.1M	$862K	25x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005072	+0.168%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005060	−0.063%	$369K	$51K	3x	as long as short
Aster NOTUSDTlong	+0.0100%	4h	0.0005063	long leg	$14K	$9K	5x
Binance NOTUSDTshort	+0.0100%	4h	0.0005060	−0.061%	$2.1M	$3.1M	50x
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005062	−0.024%	$633K	$652K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005062	−0.024%	$143K	$68K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0005060	−0.063%	$1.3M	$439K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005065	+0.036%	$672K	$411K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005062	−0.024%	—	$8.8M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005058	−0.111%	$4K	$491	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1956%	1h	0.0005059	−0.080%	$49K	$9K	10x	as long as short