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

BASED

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.90 per $10,000 · paid last 24h +0.010%
Price spread now: Aster against Bybit+0.069%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aster is 0.069% 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BASEDUSDT0.068140.0100pay 0.0050% / 4h16m 33s$2.1M$594K25x
ShortAster BASEDUSDT0.068190.0280get 0.0140% / 4h16m 33s$29K$6K5x

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
$37.72
Price spread: +0.069% → 0.000%
$6.89
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
$25.62
Costs to cover
0.190%
Break-even
2.2 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago1.47 bp78.2 bp −$78doesn't fitdoesn't fitdoesn'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.

BASED on 15 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
Binance BASEDUSDT+0.0100%4h0.06821+0.103%$4.2M$3.0M25xas long as short
Bybit BASEDUSDTlong+0.0100%4h0.06814long leg$2.1M$594K25x
OKX BASED-USDT-SWAP+0.0100%4h0.06820+0.088%$2.6M$3.6M20xas long as short
Gate BASED_USDT+0.0100%4h0.06817+0.044%$542K$538K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06825+0.161%$4.8M$645K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06807−0.103%$571K$69K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06833+0.279%$1.3M$370K25xas long as short
BingX BASED-USDT+0.0100%4h0.06819+0.073%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06795−0.278%$93K$21Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06811−0.037%$99K$374K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDT+0.0100%4h0.06812−0.029%$1K$823K20xas long as short
Extended BASED-USD+0.0104%1h0.06825+0.157%$5K$226K5xas long as short
BloFin BASED-USDT+0.0121%4h0.06826+0.176%$252K$41K25xas long as short
Aster BASEDUSDTshort+0.0280%4h0.06819+0.069%$29K$6K5x
Orderly PERP_BASED_USDC+0.0321%4h0.06819+0.073%$3K$65210xas long as short