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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0059%/8h= +6.4% APRpaid last 24h −0.084%
Price spread now: Extended against Aster−0.166%7-day average · you buy dearer than you sell
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 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.166% cheaper against Aster than usual: you would sell low and buy high (spread −0.166% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 9.4 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016350.0757pay 0.0379% / 4h3h 12m$12K$53K5x
ShortExtended US-USD0.016320.0816get 0.0102% / 1h12m 12s$4K$95K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$12.34
Price spread: −0.166% → 0.000%
−$16.62
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$17.28
Costs to cover
0.130%
Break-even
16.8 days
Slippage unknown: Aster: no order-book sample; Extended: live order book, 58 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 Extended live order book, 58 min ago6.71 bp104.9 bp −$105doesn't fitdoesn'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%4h0.01633−0.144%$3.2M$880K20xas long as short
Gate US_USDT+0.0100%4h0.01632−0.163%$2.0M$566K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01633−0.144%$4.2M$276K20xas long as short
Variational Omni US+0.0100%4h0.01640+0.280%$16K$3Kas long as short
Bitget USUSDT+0.0390%4h0.01634−0.059%$4.3M$250K10xas long as short
Aster USUSDTlong+0.0757%4h0.01635long leg$12K$53K5x
BingX US-USDT+0.0780%4h0.01632−0.163%$1.3Mas long as short
BloFin US-USDT+0.0784%4h0.01639+0.253%$478K$49K10xas long as short
Extended US-USDshort+0.0816%1h0.01632−0.166%$4K$95K5x
MEXC US_USDT+0.0818%4h0.01633−0.126%$5.5M$114K100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance USUSDT+0.0818%4h0.01633−0.133%$9.1M$3.1M10xas long as short