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

BTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0609%/8h= +66.7% APRnext payment +$3.04 per $10,000 · paid last 24h +0.208%
Price spread now: Aster against Bybit−0.179%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 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
Funding pays, the price is against you. Aster is 0.179% cheaper against Bybit than usual: you would sell low and buy high (spread −0.179% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 24 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.413% in total) that is about 3.0 days.
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 +$3.04 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
LongBybit BTRUSDT0.050270.0100pay 0.0050% / 4h1h 22m$3.1M$1.1M25x
ShortAster BTRUSDT0.050180.0709get 0.0354% / 4h1h 22m$89K$12K5x

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
$127.84
Price spread: −0.179% → 0.000%
−$17.9
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
$90.93
Costs to cover
0.190%
Break-even
2.0 days
Slippage unknown: Bybit: live order book, 5 min ago; Aster: no order-book sample. 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 Bybit live order book, 5 min ago4.99 bp178.6 bp −$179doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
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 BTRUSDTlong+0.0100%4h0.05027long leg$3.1M$1.1M25x
KuCoin BTRUSDTM+0.0100%4h0.05010−0.338%$1.4M$190K10xas long as short
HTX BTR-USDT+0.0100%4h0.05030+0.060%$11K$312K10xas long as short
Gate BTR_USDT+0.0135%8h0.05019−0.159%$731K$283K20xas long as short
BingX BTR-USDT+0.0698%4h0.05020−0.139%$6.5Mas long as short
Aster BTRUSDTshort+0.0709%4h0.05018−0.179%$89K$12K5x
Binance BTRUSDT+0.0728%4h0.05030+0.060%$5.3M$4.0M10xas long as short
MEXC BTR_USDT+0.0734%4h0.05029+0.040%$1.5M$153K20xas long as short