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

C

all C markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0401%/8h= +43.9% APRnext payment +$2.01 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster+0.024%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$355as in the Funding arb table
Net, price: spread back to 7d avg − costs−$384as in the Price arb table
costs, in and out, $10k−$3853.854% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.305%+$31 on $10k
Price spread, last 4 days (all we have)+0.095%+$9 · spread now +0.024%, 7d avg +0.013%
Together, before fees+0.400%+ Points / potential airdropAster: Stage 5 · farm board+$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CUSDT0.081680.0100pay 0.0050% / 4h2h 41m$38K$110K5x
ShortBybit CUSDT0.081700.0501get 0.0251% / 4h2h 41m$1.2M$2.0M13x

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
$84.21
Price spread: +0.024% → +0.013%
$1.18
Slippage, 4 orders
−$366.38
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$299.99
Costs to cover
3.854%
Break-even
31.9 days
Slippage from Aster: live order book, 44 min ago; Bybit: live order book, 5 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 Aster live order book, 44 min ago14.85 bp134.3 bp −$134doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago6.71 bp84.7 bp −$85514.1 bp −$5,141doesn't fitdoesn't fit

C on 9 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
Aster CUSDTlong+0.0100%4h0.08168long leg$38K$110K5x
Binance CUSDT+0.0100%4h0.08159−0.104%$6.7M$14.1M50xas long as short
Gate C_USDT+0.0100%4h0.08163−0.061%$336K$743K20xas long as short
MEXC C_USDT+0.0100%4h0.08163−0.061%$236K$211K50xas long as short
KuCoin CUSDTM+0.0100%4h0.08163−0.061%$589K$128K25xas long as short
Bitget CUSDT+0.0100%4h0.081680.000%$436K$1.0M20xas long as short
Variational Omni C+0.0100%4h0.08204+0.435%$329$13Kas long as short
BingX C-USDT+0.0468%4h0.08171+0.037%$2.4Mas long as short
Bybit CUSDTshort+0.0501%4h0.08170+0.024%$1.2M$2.0M13x