Funding arb · Price arb /

NOT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against BingX−0.006%7-day average — · you buy dearer than you sell

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 6 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX NOT-USDC	0.0005073	0.0100	pay 0.0050% / 4h	3h 58m	—	$721K	—
Short	Aster NOTUSDT	0.0005073	0.0100	get 0.0050% / 4h	3h 58m	$14K	$9K	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 −0.006%Rate

Funding earned: $0
Price spread: −0.006% → 0.000%: −$0.59
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$18.59
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 45 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, 45 min ago	5.96 bp	128.0 bp −$128	doesn't fit	doesn't fit	doesn'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.

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	−0.0381%	4h	0.0005065	−0.165%	$72K	$38K	—	as long as short
KuCoin NOTUSDTM	−0.0256%	4h	0.0005061	−0.237%	$471K	$129K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.923%	$1K	$13K	5.5x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005077	+0.075%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005070	−0.059%	$360K	$54K	3x	as long as short
Aster NOTUSDTshort	+0.0100%	4h	0.0005073	−0.006%	$14K	$9K	5x
Binance NOTUSDT	+0.0100%	4h	0.0005068	−0.099%	$2.1M	$3.0M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005063	−0.197%	$2.1M	$855K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005068	−0.099%	$641K	$667K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005070	−0.059%	$141K	$69K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDT	+0.0100%	4h	0.0005067	−0.118%	$1.3M	$424K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005073	0.000%	$672K	$413K	50x	as long as short
BingX NOT-USDClong	+0.0100%	4h	0.0005073	long leg	—	$721K	—
Extended kNOT-USD	+0.0104%	1h	0.0005067	−0.125%	$4K	—	5x	as long as short
BloFin NOT-USDT	+0.0141%	4h	0.0005070	−0.059%	$111K	$16K	50x	as long as short
Kraken Futures PF_NOTUSD	+0.1120%	1h	0.0005103	+0.587%	$50K	$8K	10x	as long as short