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

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.070%
Price spread now: OKX against Aster−0.056%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1261.264% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.133%+$13 on $10k
Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.056%, 7d avg −0.117%
Together, before fees+0.092%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.061% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.117%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SUSDT0.039090.0093pay 0.0047% / 4h1h 27m$43K$212K10x
ShortOKX S-USDT-SWAP0.039070.0100get 0.0050% / 4h1h 27m$973K$6.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$1.44
Price spread: −0.056% → −0.117%
$6.09
Slippage, 4 orders
−$108.45
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$118.92
Costs to cover
1.264%
Break-even
584.8 days
Slippage from Aster: live order book, 54 min ago; OKX: live order book, 5 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, 54 min ago10.19 bp33.8 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.27 bp36.4 bp −$36doesn't fitdoesn't fitdoesn't fit

S on 25 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
Kraken Futures PF_SUSD−0.1600%1h0.03907−0.062%$33K$26K10xas long as short
Coinbase International S-PERP-INTX−0.1576%1h0.03826−2.129%$47K$5K25xas long as short
Variational Omni S−0.0847%4h0.03915+0.148%$609K$31Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0196% / S +0.0189%1h0.03914+0.133%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03913+0.098%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03916+0.181%$604150xas long as short
Orderly PERP_S_USDC+0.0028%4h0.03914+0.123%$100K$345K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+4.881%$2K$37K12xas long as short
Aster SUSDTlong+0.0093%4h0.03909long leg$43K$212K10x
Lighter S+0.0096%1h0.03916+0.174%$164K$223K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03911+0.051%$981K$757K5xas long as short
Binance SUSDT+0.0100%4h0.03909−0.005%$5.3M$19.5M75xas long as short
Bybit SUSDT+0.0100%4h0.03901−0.210%$5.6M$5.7M50xas long as short
OKX S-USDT-SWAPshort+0.0100%4h0.03907−0.056%$973K$6.0M20x
Gate S_USDT+0.0100%4h0.03905−0.108%$319K$265K50xas long as short
MEXC S_USDT+0.0100%4h0.03909−0.005%$3.5M$2.3M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03904−0.133%$1.8M$3.0M50xas long as short
Bitget SUSDT+0.0100%4h0.03913+0.097%$1.2M$2.7M50xas long as short
BingX S-USDT+0.0100%4h0.03905−0.108%$6.7Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03930+0.532%$25K$464K50xas long as short
Extended S-USD+0.0104%1h0.03904−0.127%$221K$881K10xas long as short
01 Exchange SUSD+0.0128%1h0.03920+0.276%$24K$2K5xas long as short
Deribit S_USDC-PERPETUAL+0.0261%1h0.03918+0.225%$66K$10K10xas long as short
Backpack S_USDC_PERP+0.0270%1h0.03920+0.276%$114K$300K5xas long as short
BloFin S-USDT+0.0340%4h0.03919+0.250%$268K$126K75xas long as short