Funding you earn now, next payment 12:00 UTC+0.0292%/8h= +31.9% APRnext payment +$1.46 per $10,000 · paid last 24h +0.129%
Price spread now: Binance against Bybit−0.036%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,266as in the Price arb table
costs, in and out, $10k−$1,26612.658% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.036%, 7d avg −0.036%
=The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.129% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.46 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ASRUSDT | 0.8730 | 0.0102 | pay 0.0051% / 4h | 2h 21m | $140K | $79K | 25x |
| Short | Binance ASRUSDT | 0.8727 | 0.0393 | get 0.0197% / 4h | 2h 21m | $1.9M | $737K | 10x |
Bybit ASRUSDT
Binance ASRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $61.22
- Price spread: −0.036% → −0.036%
- −$0.04
- Slippage, 4 orders
- −$1,244.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,204.63
- Costs to cover
- 12.658%
- Break-even
- 144.7 days
Slippage from Bybit: live order book, 24 min ago; Binance: live order book, 5 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, 24 min ago | 6.30 bp | 842.7 bp −$843 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.57 bp | 29.0 bp −$29 | 436.6 bp −$4,366 | doesn't fit | doesn't fit |
ASR on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ASR_USDT | +0.0100% | 4h | 0.8710 | −0.229% | $30K | $4K | 20x | as long as short |
| KuCoin ASRUSDTM | +0.0100% | 4h | 0.8720 | −0.115% | $190K | $36K | 10x | as long as short |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8730 | 0.000% | $197K | $40K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8729 | −0.009% | $4K | $5K | — | as long as short |
| Bybit ASRUSDTlong | +0.0102% | 4h | 0.8730 | long leg | $140K | $79K | 25x | |
| MEXC ASR_USDT | +0.0392% | 4h | 0.8726 | −0.046% | $643K | $93K | 50x | as long as short |
| BingX ASR-USDT | +0.0392% | 4h | 0.8724 | −0.069% | — | $1.3M | — | as long as short |
| Binance ASRUSDTshort | +0.0393% | 4h | 0.8727 | −0.036% | $1.9M | $737K | 10x |
Gate ASR_USDT
KuCoin ASRUSDTM
Bitget ASRUSDT
Variational Omni ASR
MEXC ASR_USDT
BingX ASR-USDT