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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0226%/8h= −24.7% APRnext payment $1.13 per $10,000 · paid last 24h −0.086%
Price spread now: Bitget against Aster+0.231%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
The price spread pays, funding is against you. Bitget is 0.231% dearer against Aster than usual: you sell high and buy low (spread +0.231% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016410.0744pay 0.0372% / 4h7m 26s$12K$55K5x
ShortBitget USUSDT0.016450.0518get 0.0259% / 4h7m 26s$4.3M$254K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$47.39
Price spread: +0.231% → 0.000%
$23.05
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$44.34
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 6 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 Bitget live order book, 6 min ago16.70 bp45.2 bp −$45207.1 bp −$2,071doesn'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 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+0.103%$3.2M$868K20xas long as short
Gate US_USDT+0.0100%4h0.01640−0.050%$2.1M$563K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01641+0.036%$4.2M$279K20xas long as short
Variational Omni US+0.0100%4h0.01643+0.143%$16K$3Kas long as short
Bitget USUSDTshort+0.0518%4h0.01645+0.231%$4.3M$254K10x
Aster USUSDTlong+0.0744%4h0.01641long leg$12K$55K5x
Binance USUSDT+0.0835%4h0.01642+0.042%$9.2M$3.1M10xas long as short
BingX US-USDT+0.0838%4h0.01643+0.109%$1.3Mas long as short
MEXC US_USDT+0.0846%4h0.01642+0.084%$5.5M$116K100xas long as short
Extended US-USD+0.0848%1h0.01641+0.021%$4K$141K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin US-USDT+0.0893%4h0.01641−0.019%$477K$49K10xas long as short