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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h −0.061%
Price spread now: Binance against Aster+0.309%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.309% dearer against Aster than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016450.0791pay 0.0395% / 4h2h 26m$12K$53K5x
ShortBinance USUSDT0.016500.0805get 0.0402% / 4h2h 26m$9.2M$3.3M10x

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

Funding earned
$3
Price spread: +0.309% → 0.000%
$30.87
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$15.87
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Binance: live order book, 13 min ago. Net counts fees only.

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 no order-book sample
Sell Binance live order book, 13 min ago5.50 bp39.3 bp −$3956.3 bp −$563doesn't fitdoesn'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.

US on 10 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
Bybit USUSDT+0.0100%4h0.01649+0.248%$3.2M$905K20xas long as short
Gate US_USDT+0.0100%4h0.01648+0.145%$2.1M$593K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01646+0.017%$4.2M$289K20xas long as short
Variational Omni US+0.0100%4h0.01652+0.396%$16K$3Kas long as short
Bitget USUSDT+0.0464%4h0.01654+0.540%$4.4M$265K10xas long as short
BingX US-USDT+0.0764%4h0.01652+0.388%$1.3Mas long as short
Aster USUSDTlong+0.0791%4h0.01645long leg$12K$53K5x
Extended US-USD+0.0800%1h0.01651+0.344%$5K$102K5xas long as short
MEXC US_USDT+0.0800%4h0.01651+0.351%$5.5M$114K100xas long as short
Binance USUSDTshort+0.0805%4h0.01650+0.309%$9.2M$3.3M10x