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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0139%/8h= +15.2% APRnext payment +$1.39 per $10,000 · paid last 24h +0.008%
Price spread now: Binance against Aster+0.108%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$474as in the Funding arb table
Net, price: spread back to 7d avg − costs−$468as in the Price arb table
costs, in and out, $10k−$4784.781% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 2 days (all we have)−0.202%−$20 · spread now +0.108%, 7d avg +0.007%
Together, before fees−0.162%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.101% dearer against Aster than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BEUSDT274.700get 0.0000% / 8h7h 35m$346K$119K20x
ShortBinance BEUSDT275.000.0139get 0.0139% / 8h7h 35m$8.6M$36.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$29.1
Price spread: +0.108% → +0.007%
$10.1
Slippage, 4 orders
−$460.13
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$438.94
Costs to cover
4.781%
Break-even
112.6 days
Slippage from Aster: live order book, 36 min ago; Binance: live order book, 6 min ago.

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 live order book, 36 min ago26.22 bp385.2 bp −$385doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago0.91 bp12.9 bp −$1332.4 bp −$32484.7 bp −$8,466doesn't fit

BE on 21 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
Aster BEUSDTlong0.0000%8h274.70long leg$346K$119K20x
Gate BE_USDT0.0000%8h274.70−0.002%$1.5M$3.4M50xas long as short
Bitget BEUSDT0.0000%8h274.86+0.057%$1.7M$2.6M20xas long as short
SunX BE-USDT0.0000%8h274.92+0.079%$1K$2.5M10xas long as short
HTX BE-USDT0.0000%8h275.17+0.170%$13K$33K20xas long as short
Bybit BEUSDT+0.0006%8h275.09+0.140%$2.0M$1.2M25xas long as short
Lighter BE+0.0032%1h274.81+0.038%10xas long as short
Lighter RH BE+0.0032%1h274.94+0.086%$251K$300K10xas long as short
QFEX BE-USD+0.0037%1h274.91+0.075%$1.3M$3.7M10xas long as short
Arcus BE-USD+0.0040%1h274.89+0.068%$115K$112K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BE-USD-PERP+0.0046%1h274.98+0.100%10xas long as short
tradeXYZ xyz:BE+0.0080%1h274.89+0.068%$5.9M$2.9M10xas long as short
KuCoin BEUSDTM+0.0100%8h274.85+0.053%$371K$22K20xas long as short
Aevo BE-PERP+0.0104%1h275.03+0.117%10xas long as short
Coinbase International BE-PERP-INTX+0.0128%1h275.39+0.250%$477K$132K10xas long as short
Extended BE-USD+0.0136%1h274.96+0.094%$46K$396K10xas long as short
Binance BEUSDTshort+0.0139%8h275.00+0.108%$8.6M$36.4M25x
BloFin BE-USDT+0.0256%8h275.13+0.155%$45K$142K20xas long as short
OKX BE-USDT-SWAP+0.0265%8h275.04+0.122%$2.6M$6.8M25xas long as short
Deribit BE_USDC-PERPETUAL+0.0332%1h275.00+0.108%$7K$4K10xas long as short
GRVT BE_USDT_Perp+0.0635%8h275.18+0.174%$7K$179K10xas long as short