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+0.0029%/8h= +3.2% APRnext payment +$0.15 per $10,000 · paid last 24h −0.051%
Price spread now: BingX against Aster+0.305%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 +$1 a day on $10k at the current rate, and BingX is 0.305% 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 USUSDT0.016390.0283pay 0.0141% / 4h49m 22s$12K$54K5x
ShortBingX US-USDT0.016440.0312get 0.0156% / 4h49m 22s$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$6.11
Price spread: +0.305% → 0.000%
$30.51
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$18.62
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; BingX: live order book, 9 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 BingX live order book, 9 min ago7.95 bp39.8 bp −$4046.5 bp −$465566.9 bp −$56.7K1029.8 bp −$514.9K
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 11 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%4h0.01643+0.238%$3.2M$925K20xas long as short
Gate US_USDT+0.0100%4h0.01640+0.055%$2.1M$588K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01639−0.031%$4.1M$288K20xas long as short
Variational Omni US+0.0100%4h0.01646+0.410%$16K$3Kas long as short
BloFin US-USDT+0.0157%4h0.01645+0.378%$485K$49K10xas long as short
MEXC US_USDT+0.0214%4h0.01643+0.250%$5.5M$112K100xas long as short
Binance USUSDT+0.0215%4h0.01641+0.134%$9.1M$3.3M10xas long as short
Extended US-USD+0.0216%1h0.01639+0.028%$3K$95K5xas long as short
Aster USUSDTlong+0.0283%4h0.01639long leg$12K$54K5x
BingX US-USDTshort+0.0312%4h0.01644+0.305%$1.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0348%4h0.01645+0.372%$4.3M$260K10xas long as short