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+0.0068%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.060%
Price spread now: Aster against Binance−0.341%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 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.341% cheaper against Binance than usual: you would sell low and buy high (spread −0.341% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$34 on $10k: about 17 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance USUSDT0.016450.0215pay 0.0107% / 4h49m 53s$9.2M$3.3M10x
ShortAster USUSDT0.016390.0283get 0.0141% / 4h49m 53s$12K$54K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$14.26
Price spread: −0.341% → 0.000%
−$34.05
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$37.79
Costs to cover
0.180%
Break-even
25.6 days
Slippage unknown: Binance: live order book, 5 min ago; Aster: no order-book sample. 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 Binance live order book, 5 min ago3.05 bp50.7 bp −$51356.5 bp −$3,565doesn't fitdoesn't fit
Sell Aster no order-book sample
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%4h0.01646+0.073%$3.2M$925K20xas long as short
Gate US_USDT+0.0100%4h0.01640−0.298%$2.1M$588K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01638−0.389%$4.1M$288K20xas long as short
Variational Omni US+0.0100%4h0.01646+0.068%$16K$3Kas long as short
BloFin US-USDT+0.0157%4h0.01645+0.036%$485K$49K10xas long as short
MEXC US_USDT+0.0204%4h0.01645+0.006%$5.5M$112K100xas long as short
Binance USUSDTlong+0.0215%4h0.01645long leg$9.2M$3.3M10x
Extended US-USD+0.0216%1h0.01644−0.034%$3K$95K5xas long as short
Aster USUSDTshort+0.0283%4h0.01639−0.341%$12K$54K5x
BingX US-USDT+0.0312%4h0.01645+0.030%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0334%4h0.01646+0.067%$4.3M$260K10xas long as short