Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.9178 | +0.0100 | pay 0.0050% / 4h | 0m 31s | $1.7M | $31K | 10x | Long Aster≤10% back | |
| SHORT | 1.9175 | +0.0100 | get 0.0050% / 4h | 0m 31s | $3.1M | $1.5M | 50x | Short Bybit |
Price gap−0.017%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$7 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$130.0000% /8h now · paid −0.133% over the last 7D
Price+$7spread −0.017% now, avg −0.083% → +0.067% if it goes back
Costs−$1401.402% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.017%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCAKE on 17 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Watch: Thin at this size64.0 / 23.2 bpAt $10k entering Aster costs 64.0 bp, fee and slippage, 2.8× Bybit’s.
- Note: Margin at max leverage$1,000 + $200Aster 10x, Bybit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Aster: 6 payments, −$3.00; short Bybit: 6 payments, +$3.00.
- OK: Entry gap works for you−0.017% vs −0.083%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Long leg is thinner$1.7M vs $3.1M OIBoth legs are deep; Aster is the smaller one.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCAster No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0064%/8h × 21 periods−$13.34
Price spread−0.017% → −0.083% (7d avg)+$6.68
Slippage, 4 orderslive order books−$121.20
Fee Aster bp × 2 orders−$8.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$146.86
Costs to cover1.402%Break-evennever at this rate
Slippage: Aster: live order book, 5 min ago; Bybit: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster5.9864.0 bp−$644474.3 bp−$44.7Kdoesn’t fitdoesn’t fit
SELL · SHORTBybit1.8223.2 bp−$2347.8 bp−$478doesn’t fitdoesn’t fit
Closing costs about the same again.
CAKE news
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| 09-24 09:36 | Phemex | Listing | new market CAKEUSDT ($CAKE) seen by our collector |
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