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+0.0635%/8h= +69.5% APRnext payment +$3.17 per $10,000 · paid last 24h +0.175%
Price spread now: Aster against Gate+0.064%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 +$19 a day on $10k at the current rate, and Aster is 0.064% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate US_USDT0.016400.0100pay 0.0050% / 4h6m 42s$2.1M$563K20x
ShortAster USUSDT0.016410.0735get 0.0367% / 4h6m 42s$12K$55K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$133.32
Price spread: +0.064% → 0.000%
$6.38
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
$116.7
Costs to cover
0.230%
Break-even
0.9 days
Slippage unknown: Gate: live order book, 1 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 Gate live order book, 1 min ago8.84 bp73.0 bp −$73doesn't fitdoesn'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%4h0.01643+0.201%$3.2M$868K20xas long as short
Gate US_USDTlong+0.0100%4h0.01640long leg$2.1M$563K20x
KuCoin USUSDTM+0.0100%4h0.01641+0.085%$4.2M$278K20xas long as short
Variational Omni US+0.0100%4h0.01643+0.193%$16K$3Kas long as short
Bitget USUSDT+0.0510%4h0.01645+0.323%$4.3M$254K10xas long as short
Aster USUSDTshort+0.0735%4h0.01641+0.064%$12K$55K5x
BloFin US-USDT+0.0796%4h0.016400.000%$477K$49K10xas long as short
Extended US-USD+0.0832%1h0.01642+0.142%$4K$141K5xas long as short
MEXC US_USDT+0.0834%4h0.01644+0.219%$5.5M$116K100xas long as short
Binance USUSDT+0.0835%4h0.01644+0.219%$9.2M$3.1M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX US-USDT+0.0838%4h0.01643+0.165%$1.3Mas long as short