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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.043%
Price spread now: Aster against Coinbase International+0.190%7-day average +0.275% · 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 7 days−0.227%−$23 on $10k
Price spread, last 3 days (all we have)−0.081%−$8 · spread now +0.190%, 7d avg +0.275%
Together, before fees−0.308%+ Points / potential airdropAster: Stage 5 · farm board−$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.085% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.275%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BE-PERP-INTX274.130.0088pay 0.0011% / 1h23m 48s$469K$123K10x
ShortAster BEUSDT274.650get 0.0000% / 8h23m 48s$345K$118K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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
−$18.48
Price spread: +0.190% → +0.275%
−$8.52
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$45
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 54 min ago; Aster: live order book, 53 min ago. 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 Coinbase International live order book, 54 min ago5.86 bp12.9 bp −$1319.5 bp −$195doesn't fitdoesn't fit
Sell Aster live order book, 53 min ago10.44 bp51.8 bp −$52doesn't fitdoesn'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 BEUSDTshort0.0000%8h274.65+0.190%$345K$118K20x
Bybit BEUSDT0.0000%8h274.32+0.069%$2.0M$1.2M25xas long as short
Gate BE_USDT0.0000%8h274.10−0.011%$1.5M$3.7M50xas long as short
Bitget BEUSDT0.0000%8h274.23+0.036%$1.7M$2.7M20xas long as short
SunX BE-USDT0.0000%8h274.27+0.051%$1K$2.6M10xas long as short
HTX BE-USDT0.0000%8h274.32+0.069%$13K$33K20xas long as short
Lighter BE+0.0032%1h274.06−0.026%10xas long as short
Lighter RH BE+0.0032%1h274.23+0.036%$250K$380K10xas long as short
Arcus BE-USD+0.0040%1h274.12−0.004%$114K$122K10xas long as short
Vest BE-USD-PERP+0.0046%1h274.29+0.058%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:BE+0.0050%1h274.17+0.015%$5.9M$2.9M10xas long as short
QFEX BE-USD+0.0073%1h274.24+0.040%$1.3M$3.9M10xas long as short
Coinbase International BE-PERP-INTXlong+0.0088%1h274.13long leg$469K$123K10x
Binance BEUSDT+0.0092%8h274.34+0.078%$8.5M$36.9M25xas long as short
Extended BE-USD+0.0096%1h274.29+0.057%$46K$270K10xas long as short
KuCoin BEUSDTM+0.0100%8h274.25+0.044%$371K$23K20xas long as short
Aevo BE-PERP+0.0104%1h274.23+0.038%10xas long as short
GRVT BE_USDT_Perp+0.0132%8h274.28+0.056%$6K$182K10xas long as short
BloFin BE-USDT+0.0214%8h274.29+0.058%$45K$141K20xas long as short
OKX BE-USDT-SWAP+0.0248%8h274.37+0.088%$2.6M$6.8M25xas long as short
Deribit BE_USDC-PERPETUAL+0.0261%1h274.24+0.040%$7K$4K10xas long as short