Funding you earn now, next payment 00:00 UTC+0.0246%/8h= +27.0% APRnext payment +$2.46 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bybit+0.071%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aster is 0.071% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ALGOUSDT | 0.1124 | −0.0146 | get 0.0146% / 8h | 8m 24s | $11.3M | $11.9M | 75x |
| Short | Aster ALGOUSDT | 0.1124 | 0.0100 | get 0.0100% / 8h | 8m 24s | $44K | $36K | 5x |
Bybit ALGOUSDT
Aster ALGOUSDTFunding 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
- $51.69
- Price spread: +0.071% → 0.000%
- $7.11
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $39.8
- Costs to cover
- 0.190%
- Break-even
- 1.6 days
Slippage unknown: Bybit: live order book, 5 min ago; Aster: no order-book sample. Net counts fees only.
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, 5 min ago | 0.45 bp | 11.7 bp −$12 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0461% | 1h | 0.1125 | +0.134% | $102K | $50K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0157% | 1h | 0.1125 | +0.128% | $837K | $1.1M | 50x | as long as short |
| Bybit ALGOUSDTlong | −0.0146% | 8h | 0.1124 | long leg | $11.3M | $11.9M | 75x | |
| Variational Omni ALGO | −0.0127% | 8h | 0.1122 | −0.152% | $62K | $12K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0112% | 1h | 0.1124 | +0.071% | $62K | $299K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1125 | +0.169% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0026% | 1h | 0.1120 | −0.312% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1126 | +0.231% | $3.8M | $1.9M | 5x | as long as short |
| Aster ALGOUSDTshort | +0.0100% | 8h | 0.1124 | +0.071% | $44K | $36K | 5x | |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1124 | +0.089% | $10.0M | $34.2M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1124 | +0.062% | $3.0M | $7.6M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1125 | +0.125% | $884K | $837K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1124 | +0.053% | $23.1M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1125 | +0.169% | $3.6M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1125 | +0.134% | $5.7M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1124 | +0.062% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1124 | +0.009% | $66K | $107K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1126 | +0.223% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1124 | +0.038% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1124 | +0.045% | $491K | $799K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0331% / S −0.0330% | 1h | 0.1125 | +0.175% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1333% | 1h | 0.1125 | +0.122% | $161K | $3K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD