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

S

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −11.0% APRnext payment $0.50 per $10,000 · paid last 24h −0.070%
Price spread now: Aster against OKX+0.198%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1291.289% 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)−0.145%−$14 · spread now +0.198%, 7d avg +0.117%
Together, before fees−0.277%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.081% dearer against OKX than usual: you sell high and buy low (spread +0.198% now, against its 7-day average of +0.117%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX S-USDT-SWAP0.039170.0100pay 0.0050% / 4h2h 22m$975K$7.3M20x
ShortAster SUSDT0.039250.0000pay 0.0000% / 4h2h 22m$43K$212K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
−$21.06
Price spread: +0.198% → +0.117%
$8.1
Slippage, 4 orders
−$110.94
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$141.89
Costs to cover
1.289%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Aster: live order book, 63 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 OKX live order book, 5 min ago1.28 bp32.3 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 63 min ago8.83 bp31.0 bp −$31doesn'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−0.1455%1h0.03922+0.123%$33K$30K10xas long as short
Coinbase International S-PERP-INTX−0.1264%1h0.03826−2.323%$47K$5K25xas long as short
Variational Omni S−0.0986%4h0.03913−0.106%$607K$34Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0190% / S +0.0184%1h0.03924+0.181%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03918+0.034%$415xas long as short
Orderly PERP_S_USDC−0.0016%4h0.03921+0.102%$101K$337K10xas long as short
Deribit S_USDC-PERPETUAL−0.0005%1h0.03924+0.179%$66K$10K10xas long as short
Aster SUSDTshort0.0000%4h0.03925+0.198%$43K$212K10x
01 Exchange SUSD0.0000%1h0.03920+0.077%$24K$3K5xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03925+0.192%$605150xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective S/USDC PERP+0.0033%1h0.04100+4.672%$2K$37K12xas long as short
Lighter S+0.0096%1h0.03924+0.179%$164K$240K5xas long as short
Hyperliquid S+0.0100%1h0.03919+0.043%$989K$898K5xas long as short
Binance SUSDT+0.0100%4h0.03918+0.025%$5.3M$23.5M75xas long as short
Bybit SUSDT+0.0100%4h0.03913−0.102%$5.6M$6.3M50xas long as short
OKX S-USDT-SWAPlong+0.0100%4h0.03917long leg$975K$7.3M20x
Gate S_USDT+0.0100%4h0.039170.000%$320K$292K50xas long as short
MEXC S_USDT+0.0100%4h0.03918+0.026%$3.5M$2.6M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03916−0.026%$1.8M$3.1M50xas long as short
Bitget SUSDT+0.0100%4h0.03922+0.128%$1.2M$3.0M50xas long as short
BingX S-USDT+0.0100%4h0.03919+0.051%$6.8Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03920+0.077%$19K$469K50xas long as short
Extended S-USD+0.0104%1h0.03918+0.026%$221K$883K10xas long as short
BloFin S-USDT+0.0340%4h0.039170.000%$268K$158K75xas long as short
Backpack S_USDC_PERP+0.0362%1h0.03930+0.332%$114K$291K5xas long as short