Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Bybit against BloFin−0.055%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Funding, last 7 days−0.491%−$49 on $10k
+Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.055%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.051% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ASTER-USDT | 0.7307 | 0.0340 | pay 0.0170% / 4h | 3h 32m | $3.5M | $2.1M | 75x |
| Short | Bybit ASTERUSDT | 0.7303 | 0.0100 | get 0.0050% / 4h | 3h 32m | $49.1M | $25.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$50.4
- Price spread: −0.055% → −0.004%
- −$5.12
- Slippage, 4 orders
- −$20.91
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$99.43
- Costs to cover
- 0.439%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 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 BloFin live order book, 5 min ago | 0.69 bp | 8.8 bp −$9 | 14.5 bp −$145 | 44.3 bp −$4,434 | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.69 bp | 11.6 bp −$12 | 42.4 bp −$424 | 256.0 bp −$25.6K | doesn't fit |
ASTER on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ASTER-PERP-INTX | −0.0064% | 1h | 0.7303 | −0.060% | $253K | $1.1M | 50x | as long as short |
| Aster ASTERUSDT | 0.0000% | 4h | 0.7304 | −0.040% | $52.8M | $111.5M | 200x | as long as short |
| dYdX ASTER-USD | 0.0000% | 1h | 0.7303 | −0.059% | $14K | $1K | 5x | as long as short |
| Deribit ASTER_USDC-PERPETUAL | 0.0000% | 1h | 0.7306 | −0.010% | $11K | $72K | 25x | as long as short |
| gTrade (Gains Network) ASTER/USD | L +0.0006% / S −0.0005% | 1h | 0.7304 | −0.040% | $24K | — | 150x | as long as short |
| Injective ASTER/USDC PERP | +0.0033% | 1h | 0.7390 | +1.136% | $9 | $133K | 5.5x | as long as short |
| Orderly PERP_ASTER_USDC | +0.0067% | 4h | 0.7307 | 0.000% | $13K | $1K | 10x | as long as short |
| 01 Exchange ASTERUSD | +0.0072% | 1h | 0.7306 | −0.014% | $8K | $4K | 10x | as long as short |
| Lighter ASTER | +0.0096% | 1h | 0.7308 | +0.011% | $884K | $919K | 5x | as long as short |
| Nado ASTER-PERP | +0.0100% | 1h | 0.7302 | −0.067% | $362K | $272K | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ASTER | +0.0100% | 1h | 0.7308 | +0.016% | $255K | $81K | 10x | as long as short |
| Binance ASTERUSDT | +0.0100% | 4h | 0.7304 | −0.034% | $90.3M | $121.6M | 75x | as long as short |
| Bybit ASTERUSDTshort | +0.0100% | 4h | 0.7303 | −0.055% | $49.1M | $25.2M | 75x | |
| OKX ASTER-USDT-SWAP | +0.0100% | 4h | 0.7305 | −0.027% | $12.5M | $20.3M | 50x | as long as short |
| Gate ASTER_USDT | +0.0100% | 4h | 0.7304 | −0.041% | $6.4M | $5.7M | 75x | as long as short |
| MEXC ASTER_USDT | +0.0100% | 4h | 0.7305 | −0.027% | $34.0M | $20.1M | 100x | as long as short |
| KuCoin ASTERUSDTM | +0.0100% | 4h | 0.7305 | −0.023% | $10.8M | $3.3M | 75x | as long as short |
| Bitget ASTERUSDT | +0.0100% | 4h | 0.7302 | −0.068% | $17.8M | $7.8M | 50x | as long as short |
| BingX ASTER-USDT | +0.0100% | 4h | 0.7305 | −0.027% | — | $9.9M | — | as long as short |
| Backpack ASTER_USDC_PERP | +0.0100% | 1h | 0.7309 | +0.022% | $208K | $498K | 10x | as long as short |
| Variational Omni ASTER | +0.0100% | 4h | 0.7293 | −0.189% | $2.1M | $416K | — | as long as short |
| GRVT ASTER_USDT_Perp | +0.0100% | 4h | 0.7306 | −0.012% | $457K | $4.0M | 10x | as long as short |
| ApeX Omni ASTERUSDT | +0.0100% | 1h | 0.7300 | −0.096% | $99K | $732K | 50x | as long as short |
| SunX ASTER-USDT | +0.0100% | 4h | 0.7310 | +0.041% | $2K | $1.7M | 20x | as long as short |
| SoDEX ASTER-USD | +0.0100% | 1h | 0.7305 | −0.027% | $13K | $8K | 5x | as long as short |
| HTX ASTER-USDT | +0.0100% | 4h | 0.7300 | −0.096% | $243K | $142K | 20x | as long as short |
| Hyperliquid ASTER | +0.0104% | 1h | 0.7311 | +0.060% | $24.9M | $8.0M | 5x | as long as short |
| Extended ASTER-USD | +0.0104% | 1h | 0.7304 | −0.034% | $365K | $635K | 25x | as long as short |
| edgeX ASTERUSDC | +0.0109% | 4h | 0.7302 | −0.070% | $212K | $2.2M | 10x | as long as short |
| Kraken Futures PF_ASTERUSD | +0.0205% | 1h | 0.7309 | +0.024% | $339K | $610K | 20x | as long as short |
| GMX ASTER/USD [WBTC.b-USDC] | L +0.0304% / S −0.0215% | 1h | 0.7303 | −0.052% | $28K | — | 100x | as long as short |
| BloFin ASTER-USDTlong | +0.0340% | 4h | 0.7307 | long leg | $3.5M | $2.1M | 75x |
BloFin ASTER-USDT
Bybit ASTERUSDT
Coinbase International ASTER-PERP-INTX
Aster ASTERUSDT
Deribit ASTER_USDC-PERPETUAL
gTrade (Gains Network) ASTER/USD
Injective ASTER/USDC PERP
01 Exchange ASTERUSD
Lighter ASTER
Pacifica ASTER
Binance ASTERUSDT
OKX ASTER-USDT-SWAP
Gate ASTER_USDT
MEXC ASTER_USDT
KuCoin ASTERUSDTM
Bitget ASTERUSDT
BingX ASTER-USDT
Backpack ASTER_USDC_PERP
Variational Omni ASTER
GRVT ASTER_USDT_Perp
ApeX Omni ASTERUSDT
SunX ASTER-USDT
SoDEX ASTER-USD
HTX ASTER-USDT
Hyperliquid ASTER
Extended ASTER-USD
edgeX ASTERUSDC
Kraken Futures PF_ASTERUSD
GMX ASTER/USD [WBTC.b-USDC]