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

ALCH

all ALCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0467%/8h= +51.1% APRnext payment +$2.34 per $10,000 · paid last 24h +0.253%
Price spread now: Aster against Bybit−0.064%7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$507as in the Price arb table
costs, in and out, $10k−$4934.928% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.358%+$36 on $10k
Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.064%, 7d avg +0.079%
Together, before fees+0.477%+ Points / potential airdropAster: Stage 5 · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.143% cheaper against Bybit than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of +0.079%). If the spread goes back, that is −$14 on $10k: about 25 hours of funding at the current rate (+$14 a day). At the pace of the last 6 days (+0.358% in total) that is about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ALCHUSDT0.050770.0100pay 0.0050% / 4h3h 13m$2.9M$6.2M20x
ShortAster ALCHUSDT0.050740.0567get 0.0284% / 4h3h 13m$11K$112K5x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$98.09
Price spread: −0.064% → +0.079%
−$14.34
Slippage, 4 orders
−$473.78
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$409.04
Costs to cover
4.928%
Break-even
36.2 days
Slippage from Bybit: live order book, 5 min ago; Aster: live order book, 37 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 Bybit live order book, 5 min ago3.94 bp68.8 bp −$69638.9 bp −$6,389doesn't fitdoesn't fit
Sell Aster live order book, 37 min ago16.69 bp153.3 bp −$153doesn't fitdoesn't fitdoesn't fit

ALCH on 11 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
Bybit ALCHUSDTlong+0.0100%4h0.05077long leg$2.9M$6.2M20x
Bitget ALCHUSDT+0.0100%4h0.05098+0.414%$908K$1.9M10xas long as short
Variational Omni ALCH+0.0100%4h0.05075−0.037%$4K$18Kas long as short
Gate ALCH_USDT+0.0152%4h0.05080+0.059%$287K$706K20xas long as short
Aster ALCHUSDTshort+0.0567%4h0.05074−0.064%$11K$112K5x
BingX ALCH-USDT+0.0656%4h0.05095+0.355%$6.7Mas long as short
Binance ALCHUSDT+0.0663%4h0.05089+0.236%$6.0M$27.7M10xas long as short
MEXC ALCH_USDT+0.0672%4h0.05094+0.335%$5.0M$2.5M100xas long as short
BloFin ALCH-USDT+0.0709%4h0.05098+0.414%$390K$115K10xas long as short
KuCoin ALCHUSDTM+0.1218%4h0.05081+0.079%$1.2M$272K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALCHUSD+0.3084%1h0.05084+0.139%$13K$34K10xas long as short