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

BR

all BR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0359%/8h= −39.3% APRnext payment $1.80 per $10,000 · paid last 24h −0.137%
Price spread now: Bybit against Aster−0.148%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1231.234% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.506%−$51 on $10k
Price spread, last 7 days+0.223%+$22 · spread now −0.148%, 7d avg −0.046%
Together, before fees−0.283%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bybit is 0.102% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BRUSDT1.14390.0459pay 0.0230% / 4h3h 34m$670K$2.4M5x
ShortBybit BRUSDT1.14220.0100get 0.0050% / 4h3h 34m$10.9M$22.4M5x

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
−$75.46
Price spread: −0.148% → −0.046%
−$10.16
Slippage, 4 orders
−$104.43
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$209.05
Costs to cover
1.234%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; Bybit: live order book, 4 min ago.

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 live order book, 4 min ago9.01 bp18.8 bp −$19229.2 bp −$2,292doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.32 bp38.5 bp −$38doesn't fitdoesn't fitdoesn't fit

BR on 11 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
BingX BR-USDT+0.0080%4h1.1439+0.003%$5.8Mas long as short
Bybit BRUSDTshort+0.0100%4h1.1422−0.148%$10.9M$22.4M5x
Bitget BRUSDT+0.0100%4h1.1443+0.038%$8.4M$10.6M10xas long as short
Variational Omni BR+0.0100%4h1.1416−0.203%$267K$244Kas long as short
SunX BR-USDT+0.0100%4h1.1449+0.086%$709K10xas long as short
HTX BR-USDT+0.0100%4h1.1503+0.563%$88K$239K20xas long as short
KuCoin BRUSDTM+0.0132%4h1.1437−0.021%$5.0M$4.9M30xas long as short
Gate BR_USDT+0.0252%4h1.1433−0.051%$7.6M$8.1M20xas long as short
Aster BRUSDTlong+0.0459%4h1.1439long leg$670K$2.4M5x
MEXC BR_USDT+0.0770%4h1.1449+0.087%$15.6M$6.5M100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.0773%4h1.1443+0.036%$54.6M$137.0M25xas long as short