Funding you earn now, next payment 08:00 UTC−0.0552%/8h= −60.5% APRnext payment −$2.76 per $10,000 · paid last 24h −0.253%
Price spread now: Bybit against Aster−0.171%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$549as in the Price arb table
costs, in and out, $10k−$5395.393% of the position
Funding, last 6 days (all we have)−0.358%−$36 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.171%, 7d avg −0.076%
=Together, before fees−0.260%+ Points / potential airdropAster: Stage 5 · farm board−$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bybit is 0.095% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.076%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ALCHUSDT | 0.05156 | 0.0652 | pay 0.0326% / 4h | 2h 31m | $11K | $120K | 5x |
| Short | Bybit ALCHUSDT | 0.05147 | 0.0100 | get 0.0050% / 4h | 2h 31m | $3.0M | $6.3M | 20x |
Aster ALCHUSDT
Bybit ALCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$116.02
- Price spread: −0.171% → −0.076%
- −$9.5
- Slippage, 4 orders
- −$520.27
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$664.78
- Costs to cover
- 5.393%
- Break-even
- never at this rate
Slippage from Aster: live order book, 14 min ago; Bybit: live order book, 1 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 Aster live order book, 14 min ago | 16.46 bp | 157.5 bp −$157 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.78 bp | 76.6 bp −$77 | 316.3 bp −$3,163 | doesn't fit | doesn't fit |
ALCH on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDTshort | +0.0100% | 4h | 0.05147 | −0.171% | $3.0M | $6.3M | 20x | |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05151 | −0.093% | $292K | $715K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05155 | −0.016% | $912K | $1.9M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05152 | −0.070% | $4K | $18K | — | as long as short |
| Aster ALCHUSDTlong | +0.0652% | 4h | 0.05156 | long leg | $11K | $120K | 5x | |
| BingX ALCH-USDT | +0.0747% | 4h | 0.05157 | +0.023% | — | $6.7M | — | as long as short |
| Binance ALCHUSDT | +0.0790% | 4h | 0.05155 | −0.008% | $6.1M | $28.0M | 10x | as long as short |
| MEXC ALCH_USDT | +0.0800% | 4h | 0.05145 | −0.210% | $5.1M | $2.5M | 100x | as long as short |
| BloFin ALCH-USDT | +0.0827% | 4h | 0.05158 | +0.042% | $395K | $117K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.0920% | 4h | 0.05144 | −0.229% | $1.2M | $287K | 10x | as long as short |
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
BingX ALCH-USDT
Binance ALCHUSDT
MEXC ALCH_USDT
BloFin ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.3347% | 1h | 0.05139 | −0.327% | $13K | $34K | 10x | as long as short |
Kraken Futures PF_ALCHUSD