Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.010%
Price spread now: Bybit against Aster−0.173%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$240.237% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 7 days+0.076%+$8 · spread now −0.173%, 7d avg −0.115%
=Together, before fees+0.041%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.057% cheaper against Aster than usual: you would sell low and buy high (spread −0.173% now, against its 7-day average of −0.115%). If the spread goes back, that is −$6 on $10k: about 10 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BNBUSDT | 794.07 | 0.0037 | pay 0.0037% / 8h | 6h 57m | $6.1M | $19.8M | 200x |
| Short | Bybit BNBUSDT | 792.70 | 0.0055 | get 0.0055% / 8h | 6h 57m | $137.6M | $76.8M | 75x |
Aster BNBUSDT
Bybit BNBUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.85
- Price spread: −0.173% → −0.115%
- −$5.71
- Slippage, 4 orders
- −$4.74
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$25.6
- Costs to cover
- 0.237%
- Break-even
- 53.5 days
Slippage from Aster: live order book, 2 min ago; Bybit: live order book, 2 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 Aster live order book, 2 min ago | 1.01 bp | 5.1 bp −$5 | 6.4 bp −$64 | 18.5 bp −$1,854 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.63 bp | 6.3 bp −$6 | 9.0 bp −$90 | 24.3 bp −$2,425 | 135.0 bp −$67.5K |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0159% / S +0.0335% | 1h | 793.52 | −0.069% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0132% | 1h | 793.46 | −0.076% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 794.71 | +0.081% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0015% | 8h | 792.55 | −0.191% | $35.6M | $54.7M | 75x | as long as short |
| dYdX BNB-USD | 0.0000% | 1h | 793.84 | −0.029% | $160K | $63K | 10x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 794.94 | +0.110% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 794.65 | +0.073% | $859K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 793.54 | −0.066% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0009% | 8h | 794.01 | −0.007% | $4.1M | $5.1M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.388% | $19K | $789K | 30x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Gate BNB_USDT
dYdX BNB-USD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
Injective BNB/USDC PERPShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDTlong | +0.0037% | 8h | 794.07 | long leg | $6.1M | $19.8M | 200x | |
| Phemex BNBUSDT | +0.0043% | 8h | 794.17 | +0.013% | $69.4M | $50.4M | 50x | as long as short |
| Bybit BNBUSDTshort | +0.0055% | 8h | 792.70 | −0.173% | $137.6M | $76.8M | 75x | |
| BingX BNB-USDC | +0.0055% | 8h | 793.25 | −0.103% | — | $13.3M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 794.00 | −0.009% | $610K | $1.1M | 50x | as long as short |
| Binance BNBUSDT | +0.0064% | 8h | 793.98 | −0.011% | $493.3M | $816.9M | 75x | as long as short |
| MEXC BNB_USDT | +0.0065% | 8h | 793.60 | −0.059% | $82.3M | $12.6M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 793.59 | −0.060% | $2.8M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 794.51 | +0.055% | $171K | $36K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 793.49 | −0.073% | $383K | $468K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 794.00 | −0.009% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 794.29 | +0.028% | $1.2M | $932K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 792.70 | −0.173% | $53.4M | $110.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 794.50 | +0.054% | $52K | $127K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 793.40 | −0.084% | $27.7M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 792.43 | −0.207% | $77.6M | $28.1M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 794.75 | +0.085% | $4.1M | $75.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 795.45 | +0.174% | $160K | $434K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 794.14 | +0.009% | $113K | $889K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 793.63 | −0.055% | $32K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 794.12 | +0.006% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 793.70 | −0.047% | $390K | $995K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 793.38 | −0.087% | $8.1M | $8.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 794.49 | +0.053% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 793.11 | −0.121% | $1.8M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 793.56 | −0.064% | $381K | $110K | 10x | as long as short |
| Hyperliquid BNB | +0.0120% | 1h | 793.59 | −0.060% | $52.7M | $20.2M | 10x | as long as short |
| RISEx BNB/USDC | +0.0131% | 1h | 794.33 | +0.033% | $1.1M | $1.4M | 20x | as long as short |
| Bulk BNB-USD | +0.0139% | 1h | 794.97 | +0.113% | $646K | $10K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0162% | 8h | 794.60 | +0.067% | $96K | $2.8M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0184% | 8h | 794.15 | +0.010% | $18.1M | $2.5M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 793.92 | −0.018% | $1.6M | $161K | 25x | as long as short |
| 01 Exchange BNBUSD | +0.0208% | 1h | 794.38 | +0.039% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0329% | 1h | 793.41 | −0.084% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0424% | 1h | 794.48 | +0.051% | $68K | $38K | 12x | as long as short |
| Backpack BNB_USDC_PERP | +0.0497% | 1h | 793.79 | −0.035% | $2.7M | $5.7M | 40x | as long as short |
Phemex BNBUSDT
BingX BNB-USDC
Coinbase International BNB-PERP-INTX
Binance BNBUSDT
MEXC BNB_USDT
Lighter BNB
Phoenix BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Hyperliquid BNB
RISEx BNB/USDC
Bulk BNB-USD
Kalshi KXBNBPERP
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
01 Exchange BNBUSD
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
Backpack BNB_USDC_PERP