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−0.0055%/8h= −6.0% APRnext payment $0.27 per $10,000 · paid last 24h +0.051%
Price spread now: Aster against BingX−0.443%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.443% cheaper against BingX than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX US-USDT0.016460.0312pay 0.0156% / 4h51m 02s$1.3M
ShortAster USUSDT0.016390.0257get 0.0129% / 4h51m 02s$12K$54K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
−$11.49
Price spread: −0.443% → 0.000%
−$44.34
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$73.83
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 8 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 BingX live order book, 8 min ago7.95 bp55.2 bp −$55246.3 bp −$2,4631100.2 bp −$110.0K1439.7 bp −$719.8K
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%4h0.01647+0.018%$3.2M$925K20xas long as short
Gate US_USDT+0.0100%4h0.01640−0.358%$2.1M$587K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01637−0.571%$4.1M$288K20xas long as short
Variational Omni US+0.0100%4h0.01646−0.036%$16K$3Kas long as short
BloFin US-USDT+0.0157%4h0.01645−0.067%$485K$49K10xas long as short
Binance USUSDT+0.0205%4h0.01646−0.049%$9.2M$3.3M10xas long as short
Extended US-USD+0.0208%1h0.01645−0.058%$3K$98K5xas long as short
MEXC US_USDT+0.0212%4h0.01646−0.049%$5.5M$112K100xas long as short
Aster USUSDTshort+0.0257%4h0.01639−0.443%$12K$54K5x
BingX US-USDTlong+0.0312%4h0.01646long leg$1.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0318%4h0.01646−0.036%$4.3M$260K10xas long as short