Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Bybit against Aster+0.066%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.066% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster COWUSDT | 0.1592 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $30K | $13K | 5x |
| Short | Bybit COWUSDT | 0.1593 | 0.0100 | get 0.0050% / 4h | 2h 21m | $971K | $497K | 25x |
Aster COWUSDT
Bybit COWUSDTFunding 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
- $0
- Price spread: +0.066% → 0.000%
- $6.55
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$12.45
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 26 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 26 min ago | 7.54 bp | 83.1 bp −$83 | 276.5 bp −$2,765 | doesn't fit | doesn't fit |
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.
COW on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COWUSDTlong | +0.0100% | 4h | 0.1592 | long leg | $30K | $13K | 5x | |
| Binance COWUSDT | +0.0100% | 4h | 0.1593 | +0.033% | $2.1M | $3.2M | 50x | as long as short |
| Bybit COWUSDTshort | +0.0100% | 4h | 0.1593 | +0.066% | $971K | $497K | 25x | |
| Gate COW_USDT | +0.0100% | 4h | 0.1591 | −0.073% | $121K | $76K | 50x | as long as short |
| MEXC COW_USDT | +0.0100% | 4h | 0.1592 | −0.010% | $562K | $205K | 20x | as long as short |
| KuCoin COWUSDTM | +0.0100% | 4h | 0.1591 | −0.073% | $217K | $42K | 20x | as long as short |
| Bitget COWUSDT | +0.0100% | 4h | 0.1591 | −0.073% | $372K | $231K | 50x | as long as short |
| BingX COW-USDT | +0.0100% | 4h | 0.1592 | −0.010% | — | $6.6M | — | as long as short |
| Variational Omni COW | +0.0100% | 4h | 0.1590 | −0.109% | $8K | $3K | — | as long as short |
| BloFin COW-USDT | +0.0102% | 4h | 0.1590 | −0.135% | $134K | $31K | 75x | as long as short |
Binance COWUSDT
Gate COW_USDT
MEXC COW_USDT
KuCoin COWUSDTM
Bitget COWUSDT
BingX COW-USDT
Variational Omni COW
BloFin COW-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COWUSD | +0.0664% | 1h | 0.1592 | −0.007% | $5K | $199 | 10x | as long as short |
Kraken Futures PF_COWUSD