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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0403%/8h= +44.1% APRnext payment +$2.01 per $10,000 · paid last 24h +0.141%
Price spread now: Aster against Bybit+0.112%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$950.950% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.477%+$48 on $10k
Price spread, last 7 days−0.201%−$20 · spread now +0.112%, 7d avg +0.042%
Together, before fees+0.276%+ Points / potential airdropAster: Stage 5 · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Aster is 0.070% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BRUSDT1.10320.0100pay 0.0050% / 4h1h 01m$10.7M$25.8M5x
ShortAster BRUSDT1.10450.0503get 0.0251% / 4h1h 01m$723K$2.7M5x

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
$84.56
Price spread: +0.112% → +0.042%
$7.05
Slippage, 4 orders
−$76.01
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$3.41
Costs to cover
0.950%
Break-even
7.3 days
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 2 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 Bybit live order book, 3 min ago2.58 bp22.3 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 2 min ago6.70 bp30.4 bp −$301710.1 bp −$17.1Kdoesn'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%4h1.1036+0.038%$6.3Mas long as short
Bybit BRUSDTlong+0.0100%4h1.1032long leg$10.7M$25.8M5x
Gate BR_USDT+0.0100%4h1.1031−0.010%$7.4M$8.7M20xas long as short
Variational Omni BR+0.0100%4h1.1041+0.083%$262K$296Kas long as short
SunX BR-USDT+0.0100%4h1.1053+0.184%$693K10xas long as short
HTX BR-USDT+0.0100%4h1.1087+0.495%$85K$238K20xas long as short
KuCoin BRUSDTM+0.0208%4h1.1041+0.077%$4.9M$5.4M30xas long as short
Aster BRUSDTshort+0.0503%4h1.1045+0.112%$723K$2.7M5x
Bitget BRUSDT+0.0618%4h1.1047+0.137%$8.1M$12.6M10xas long as short
Binance BRUSDT+0.1261%4h1.1051+0.174%$53.0M$162.5M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.1262%4h1.1062+0.267%$15.3M$7.5M100xas long as short