Funding you earn now, next payment 04:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h −0.060%
Price spread now: Bybit against Aster−0.009%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1681.676% of the position
Funding, last 5 days (all we have)+0.343%+$34 on $10k
+Price spread, last 7 days+0.172%+$17 · spread now −0.009%, 7d avg +0.054%
=Together, before fees+0.515%+ Points / potential airdropAster: Stage 5 · farm board+$52 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.063% cheaper against Aster than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTWUSDT | 0.7736 | 0.0724 | pay 0.0362% / 4h | 2h 51m | $2.1M | $2.9M | 5x |
| Short | Bybit BTWUSDT | 0.7735 | 0.0730 | get 0.0365% / 4h | 2h 51m | $14.7M | $39.1M | 10x |
Aster BTWUSDT
Bybit BTWUSDTFunding 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
- $1.39
- Price spread: −0.009% → +0.054%
- −$6.31
- Slippage, 4 orders
- −$148.63
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$172.54
- Costs to cover
- 1.676%
- Break-even
- 873.2 days
Slippage from Aster: live order book, 2 min ago; Bybit: live order book, 3 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 | 3.54 bp | 20.6 bp −$21 | 247.3 bp −$2,473 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.42 bp | 53.7 bp −$54 | 253.6 bp −$2,536 | doesn't fit | doesn't fit |
BTW on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.7776 | +0.510% | $193K | $742K | 10x | as long as short |
| Gate BTW_USDT | +0.0166% | 4h | 0.7726 | −0.135% | $3.2M | $16.2M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0542% | 4h | 0.7718 | −0.233% | $7.0M | $4.8M | 10x | as long as short |
| Aster BTWUSDTlong | +0.0724% | 4h | 0.7736 | long leg | $2.1M | $2.9M | 5x | |
| Bybit BTWUSDTshort | +0.0730% | 4h | 0.7735 | −0.009% | $14.7M | $39.1M | 10x | |
| Bitget BTWUSDT | +0.0770% | 4h | 0.7754 | +0.225% | $24.4M | $13.6M | 5x | as long as short |
| BingX BTW-USDT | +0.0878% | 4h | 0.7746 | +0.128% | — | $4.3M | — | as long as short |
| Binance BTWUSDT | +0.0909% | 4h | 0.7744 | +0.103% | $107.7M | $169.3M | 10x | as long as short |
| edgeX BTWUSDC | +0.0911% | 4h | 0.7781 | +0.576% | $321K | $500K | 10x | as long as short |
| Extended BTW-USD | +0.0912% | 1h | 0.7734 | −0.026% | $33K | $15K | 5x | as long as short |
HTX BTW-USDT
Gate BTW_USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
BingX BTW-USDT
Binance BTWUSDT
edgeX BTWUSDC
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BTW_USDT | +0.0920% | 4h | 0.7739 | +0.037% | $9.2M | $6.2M | 20x | as long as short |
MEXC BTW_USDT