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

BIRB

all BIRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.4788%/8h= +524.3% APRnext payment +$23.94 per $10,000 · paid last 24h +0.791%
Price spread now: Bybit against Aster−0.346%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. Bybit is 0.346% cheaper against Aster than usual: you would sell low and buy high (spread −0.346% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$35 on $10k: about 6 hours of funding at the current rate (+$144 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BIRBUSDT0.069270.0100pay 0.0050% / 4h1h 49m$16K$17K5x
ShortBybit BIRBUSDT0.069030.4888get 0.2444% / 4h1h 49m$643K$418K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
$1,005.56
Price spread: −0.346% → 0.000%
−$34.65
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$951.91
Costs to cover
0.190%
Break-even
0.4 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 26 min ago. 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 Aster no order-book sample
Sell Bybit live order book, 26 min ago7.24 bp68.0 bp −$68doesn't fitdoesn't fitdoesn't fit
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.

BIRB on 9 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
Aster BIRBUSDTlong+0.0100%4h0.06927long leg$16K$17K5x
Binance BIRBUSDT+0.0100%4h0.06939+0.173%$1.2M$1.6M50xas long as short
Gate BIRB_USDT+0.0100%4h0.06935+0.115%$62K$56K20xas long as short
MEXC BIRB_USDT+0.0100%4h0.06937+0.144%$143K$100K50xas long as short
KuCoin BIRBUSDTM+0.0100%4h0.06938+0.159%$81K$42K20xas long as short
Bitget BIRBUSDT+0.0100%4h0.06934+0.101%$427K$203K20xas long as short
BingX BIRB-USDT+0.4714%4h0.069270.000%$732Kas long as short
Bybit BIRBUSDTshort+0.4888%4h0.06903−0.346%$643K$418K25x
BloFin BIRB-USDT+0.4960%4h0.06893−0.491%$83K$5K25xas long as short