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

BTR

all BTR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0827%/8h= −90.6% APRnext payment $4.14 per $10,000 · paid last 24h −0.208%
Price spread now: Bybit against Aster+0.059%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 7 days−0.413%−$41 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Bybit is 0.059% dearer against Aster than usual: you sell high and buy low (spread +0.059% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.413% in total) that is about 24 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.413% in total (about -21.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BTRUSDT0.050470.0927pay 0.0464% / 4h2h 12m$90K$12K5x
ShortBybit BTRUSDT0.050500.0100get 0.0050% / 4h2h 12m$3.2M$1.1M25x

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
−$173.7
Price spread: +0.059% → 0.000%
$5.94
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$186.75
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 5 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, 5 min ago4.95 bp163.3 bp −$163841.5 bp −$8,415doesn'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.

BTR on 8 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
Bybit BTRUSDTshort+0.0100%4h0.05050+0.059%$3.2M$1.1M25x
Gate BTR_USDT+0.0100%8h0.05044−0.059%$728K$251K20xas long as short
KuCoin BTRUSDTM+0.0100%4h0.05042−0.099%$1.4M$192K10xas long as short
HTX BTR-USDT+0.0100%4h0.05055+0.159%$11K$311K10xas long as short
BingX BTR-USDT+0.0916%4h0.05049+0.040%$6.5Mas long as short
Aster BTRUSDTlong+0.0927%4h0.05047long leg$90K$12K5x
Binance BTRUSDT+0.0943%4h0.05055+0.154%$5.3M$3.9M10xas long as short
MEXC BTR_USDT+0.0954%4h0.05054+0.139%$1.5M$154K20xas long as short