Funding you earn now, next payment 00:00 UTC−0.0436%/8h= −47.8% APRnext payment −$2.18 per $10,000 · paid last 24h +0.076%
Price spread now: Aster against Bybit+0.133%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$484as in the Price arb table
costs, in and out, $10k−$4914.914% of the position
Funding, last 5 days (all we have)+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.133%, 7d avg +0.055%
=Together, before fees+0.197%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.078% dearer against Bybit than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.055%): +$8 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 5 days funding on this pair paid +0.156%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.156% in total (about 10.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 4USDT | 0.02177 | 0.0844 | pay 0.0422% / 4h | 1h 01m | $2.9M | $1.7M | 5x |
| Short | Aster 4USDT | 0.02180 | 0.0408 | get 0.0204% / 4h | 1h 01m | $250K | $95K | 5x |
Bybit 4USDT
Aster 4USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$91.59
- Price spread: +0.133% → +0.055%
- $7.81
- Slippage, 4 orders
- −$472.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$575.16
- Costs to cover
- 4.914%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 15 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 2.53 bp | 189.5 bp −$190 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 15 min ago | 5.33 bp | 47.9 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
4 on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02158 | −0.875% | $52K | $6K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02176 | −0.037% | $2K | $1.0M | 20x | as long as short |
| Aster 4USDTshort | +0.0408% | 4h | 0.02180 | +0.133% | $250K | $95K | 5x | |
| Gate 4_USDT | +0.0472% | 4h | 0.02182 | +0.257% | $595K | $239K | 20x | as long as short |
| MEXC 4_USDT | +0.0484% | 4h | 0.02179 | +0.101% | $1.9M | $858K | 100x | as long as short |
| Binance 4USDT | +0.0485% | 4h | 0.02177 | +0.018% | $8.4M | $11.1M | 20x | as long as short |
| KuCoin 4USDTM | +0.0700% | 4h | 0.02174 | −0.129% | $949K | $13.1M | 20x | as long as short |
| BingX 4-USDT | +0.0728% | 4h | 0.02177 | +0.009% | — | $1.4M | — | as long as short |
| Bybit 4USDTlong | +0.0844% | 4h | 0.02177 | long leg | $2.9M | $1.7M | 5x |
Variational Omni 4
SunX 4-USDT
Gate 4_USDT
MEXC 4_USDT
Binance 4USDT
KuCoin 4USDTM
BingX 4-USDT