Funding you earn now, next payment 04:00 UTC−0.0089%/8h= −9.8% APRnext payment −$0.45 per $10,000 · paid last 24h +0.060%
Price spread now: Aster against Bybit+0.120%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1911.906% of the position
Funding, last 5 days (all we have)−0.343%−$34 on $10k
+Price spread, last 7 days−0.283%−$28 · spread now +0.120%, 7d avg −0.051%
=Together, before fees−0.626%+ Points / potential airdropAster: Stage 5 · farm board−$63 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.172% dearer against Bybit than usual: you sell high and buy low (spread +0.120% now, against its 7-day average of −0.051%): +$17 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.4 days. At the pace of the last 5 days (−0.343% in total) that is about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BTWUSDT | 0.7657 | 0.0811 | pay 0.0405% / 4h | 2h 09m | $14.5M | $39.4M | 10x |
| Short | Aster BTWUSDT | 0.7666 | 0.0721 | get 0.0361% / 4h | 2h 09m | $2.1M | $3.0M | 5x |
Bybit BTWUSDT
Aster BTWUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$18.74
- Price spread: +0.120% → −0.051%
- $17.16
- Slippage, 4 orders
- −$171.57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$192.16
- Costs to cover
- 1.906%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Aster: live order book, 4 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 Bybit live order book, 4 min ago | 7.50 bp | 63.3 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 4 min ago | 7.68 bp | 26.0 bp −$26 | 529.5 bp −$5,295 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.0100% | 4h | 0.7653 | −0.053% | $3.2M | $16.4M | 10x | as long as short |
| HTX BTW-USDT | +0.0100% | 4h | 0.7645 | −0.159% | $189K | $746K | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0224% | 4h | 0.7658 | +0.015% | $6.9M | $4.8M | 10x | as long as short |
| Bitget BTWUSDT | +0.0616% | 4h | 0.7679 | +0.287% | $24.2M | $13.7M | 5x | as long as short |
| Aster BTWUSDTshort | +0.0721% | 4h | 0.7666 | +0.120% | $2.1M | $3.0M | 5x | |
| Bybit BTWUSDTlong | +0.0811% | 4h | 0.7657 | long leg | $14.5M | $39.4M | 10x | |
| BingX BTW-USDT | +0.0826% | 4h | 0.7670 | +0.168% | — | $4.3M | — | as long as short |
| MEXC BTW_USDT | +0.0866% | 4h | 0.7664 | +0.090% | $9.0M | $6.3M | 20x | as long as short |
| Binance BTWUSDT | +0.0877% | 4h | 0.7666 | +0.111% | $106.6M | $170.9M | 10x | as long as short |
| Extended BTW-USD | +0.0880% | 1h | 0.7661 | +0.052% | $33K | $15K | 5x | as long as short |
Gate BTW_USDT
HTX BTW-USDT
KuCoin BTWUSDTM
Bitget BTWUSDT
BingX BTW-USDT
MEXC BTW_USDT
Binance BTWUSDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.0882% | 4h | 0.7603 | −0.704% | $313K | $503K | 10x | as long as short |
edgeX BTWUSDC