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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.029%
Price spread now: Coinbase International against Aster−0.058%7-day average −0.292% · you buy dearer than you sell
Net, funding: paid 7d − costs−$408as in the Funding arb table
Net, price: spread back to 7d avg − costs−$407as in the Price arb table
costs, in and out, $10k−$4304.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.224%+$22 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.058%, 7d avg −0.292%
Together, before fees+0.214%+ Points / potential airdropAster: Stage 5 · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.234% dearer against Aster than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.292%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BEUSDT273.760get 0.0000% / 8h3h 24m$345K$119K20x
ShortCoinbase International BE-PERP-INTX273.600.0064get 0.0008% / 1h24m 58s$477K$136K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$13.44
Price spread: −0.058% → −0.292%
$23.39
Slippage, 4 orders
−$412.27
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$393.44
Costs to cover
4.303%
Break-even
211.9 days
Slippage from Aster: live order book, 27 min ago; Coinbase International: live order book, 28 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, 27 min ago32.20 bp342.9 bp −$343doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 28 min ago4.55 bp9.6 bp −$1019.3 bp −$193doesn't fitdoesn'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%8h273.76long leg$345K$119K20x
Gate BE_USDT0.0000%8h273.50−0.095%$1.4M$3.4M50xas long as short
Bitget BEUSDT0.0000%8h273.45−0.113%$1.6M$2.6M20xas long as short
GRVT BE_USDT_Perp0.0000%8h274.48+0.263%$7K$163K10xas long as short
SunX BE-USDT0.0000%8h274.01+0.091%$1K$2.4M10xas long as short
Deribit BE_USDC-PERPETUAL0.0000%1h273.42−0.124%$7K$4K10xas long as short
HTX BE-USDT0.0000%8h273.90+0.051%$13K$35K20xas long as short
Binance BEUSDT+0.0021%8h273.66−0.036%$8.4M$36.7M25xas long as short
Extended BE-USD+0.0024%1h273.49−0.097%$47K$262K10xas long as short
Bybit BEUSDT+0.0027%8h273.68−0.029%$2.0M$1.1M25xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BE+0.0032%1h273.39−0.135%10xas long as short
Lighter RH BE+0.0032%1h273.54−0.080%$250K$290K10xas long as short
QFEX BE-USD+0.0036%1h273.45−0.113%$1.3M$2.6M10xas long as short
Arcus BE-USD+0.0040%1h273.79+0.011%$114K$109K10xas long as short
Vest BE-USD-PERP+0.0046%1h273.61−0.055%10xas long as short
tradeXYZ xyz:BE+0.0050%1h273.52−0.087%$5.9M$2.7M10xas long as short
Coinbase International BE-PERP-INTXshort+0.0064%1h273.60−0.058%$477K$136K10x
BloFin BE-USDT+0.0086%8h273.61−0.055%$45K$142K20xas long as short
KuCoin BEUSDTM+0.0100%8h273.69−0.025%$370K$20K20xas long as short
Aevo BE-PERP+0.0104%1h273.62−0.052%10xas long as short
OKX BE-USDT-SWAP+0.0111%8h273.74−0.007%$2.7M$6.9M25xas long as short