Funding you earn now, next payment 00:00 UTC+0.0323%/8h= +35.3% APRnext payment +$3.23 per $10,000 · paid last 24h +0.001%
Price spread now: Aster against Bybit−0.033%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now −0.033%, 7d avg +0.040%
=Together, before fees+0.052%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.073% cheaper against Bybit than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.040%). If the spread goes back, that is −$7 on $10k: about 18 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.104% in total) that is about 5.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.23 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 ARBUSDT | 0.2233 | −0.0223 | get 0.0223% / 8h | 2h 40m | $57.0M | $135.9M | 50x |
| Short | Aster ARBUSDT | 0.2232 | 0.0100 | get 0.0100% / 8h | 2h 40m | $694K | $1.8M | 20x |
Bybit ARBUSDT
Aster ARBUSDTFunding 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
- $67.77
- Price spread: −0.033% → +0.040%
- −$7.34
- Slippage, 4 orders
- −$20.39
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $21.03
- Costs to cover
- 0.394%
- Break-even
- 4.8 days
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 3 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, 3 min ago | 0.22 bp | 9.7 bp −$10 | 23.1 bp −$231 | 55.4 bp −$5,541 | doesn't fit |
| Sell Aster live order book, 3 min ago | 2.25 bp | 6.6 bp −$7 | 22.1 bp −$221 | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1675% | 1h | 0.2219 | −0.636% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0352% | 1h | 0.2231 | −0.081% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDTlong | −0.0223% | 8h | 0.2233 | long leg | $57.0M | $135.9M | 50x | |
| Variational Omni ARB | −0.0187% | 8h | 0.2221 | −0.553% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0067% | 8h | 0.2233 | −0.022% | $22.2M | $165.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0066% | 8h | 0.2234 | +0.022% | $37.7M | $63.3M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0063% | 1h | 0.2235 | +0.058% | $37K | $18K | 25x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2236 | +0.109% | $1.1M | $5.3M | 50x | as long as short |
| SoDEX ARB-USD | −0.0053% | 1h | 0.2233 | 0.000% | $4K | $2.9M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0013% | 1h | 0.2232 | −0.045% | $77K | $2.3M | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
Polymarket Perps ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ARBUSDT | −0.0011% | 1h | 0.2222 | −0.502% | $120K | $297K | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0010% | 8h | 0.2233 | −0.009% | $10K | $385K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2236 | +0.111% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2234 | +0.035% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0005% | 8h | 0.2235 | +0.092% | $63.6M | $326.3M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2231 | −0.110% | $355K | $2.5M | 25x | as long as short |
| Gate ARB_USDT | +0.0018% | 8h | 0.2234 | +0.036% | $5.5M | $21.5M | 60x | as long as short |
| BloFin ARB-USDT | +0.0022% | 8h | 0.2233 | +0.013% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2234 | +0.042% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDT | +0.0083% | 8h | 0.2233 | +0.009% | — | $54.0M | — | as long as short |
| Bitget ARBUSDT | +0.0084% | 8h | 0.2233 | −0.009% | $21.0M | $38.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2236 | +0.107% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2237 | +0.179% | $40.1M | $53.3M | 10x | as long as short |
| Aster ARBUSDTshort | +0.0100% | 8h | 0.2232 | −0.033% | $694K | $1.8M | 20x | |
| Pacifica ARB | +0.0100% | 1h | 0.2236 | +0.109% | $46K | $207K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2235 | +0.085% | $20.6M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2221 | −0.525% | $38K | $451K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2222 | −0.484% | $477K | $4.2M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2233 | −0.009% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2233 | −0.004% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2229 | −0.188% | $5.4M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2234 | +0.034% | $819K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2235 | +0.058% | $507K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2232 | −0.069% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0513% | 1h | 0.2238 | +0.219% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2233 | −0.029% | $490K | $2.9M | 10x | as long as short |
ApeX Omni ARBUSDT
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Gate ARB_USDT
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC