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: Aster against Bybit+0.020%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: Aster is 0.020% dearer against Bybit than usual: you sell high and buy low, +$2 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 | Bybit COWUSDT | 0.1596 | 0.0100 | pay 0.0050% / 4h | 52m 43s | $966K | $449K | 25x |
| Short | Aster COWUSDT | 0.1597 | 0.0100 | get 0.0050% / 4h | 52m 43s | $30K | $11K | 5x |
Bybit COWUSDT
Aster COWUSDTFunding 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
- $0
- Price spread: +0.020% → 0.000%
- $2.05
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$16.95
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 51 min ago; Aster: no order-book sample. 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 Bybit live order book, 51 min ago | 4.36 bp | 46.2 bp −$46 | 199.2 bp −$1,992 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin COW-USDT | +0.0052% | 4h | 0.1593 | −0.207% | $136K | $31K | 75x | as long as short |
| BingX COW-USDT | +0.0070% | 4h | 0.1595 | −0.081% | — | $6.6M | — | as long as short |
| Aster COWUSDTshort | +0.0100% | 4h | 0.1597 | +0.020% | $30K | $11K | 5x | |
| Binance COWUSDT | +0.0100% | 4h | 0.1594 | −0.121% | $2.1M | $3.0M | 50x | as long as short |
| Bybit COWUSDTlong | +0.0100% | 4h | 0.1596 | long leg | $966K | $449K | 25x | |
| Gate COW_USDT | +0.0100% | 4h | 0.1595 | −0.081% | $121K | $66K | 50x | as long as short |
| MEXC COW_USDT | +0.0100% | 4h | 0.1595 | −0.081% | $561K | $188K | 20x | as long as short |
| KuCoin COWUSDTM | +0.0100% | 4h | 0.1593 | −0.207% | $215K | $37K | 20x | as long as short |
| Bitget COWUSDT | +0.0100% | 4h | 0.1593 | −0.207% | $378K | $205K | 50x | as long as short |
| Variational Omni COW | +0.0100% | 4h | 0.1596 | −0.001% | $8K | $3K | — | as long as short |
BloFin COW-USDT
BingX COW-USDT
Binance COWUSDT
Gate COW_USDT
MEXC COW_USDT
KuCoin COWUSDTM
Bitget COWUSDT
Variational Omni COWShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COWUSD | +0.0251% | 1h | 0.1593 | −0.183% | $5K | $95 | 10x | as long as short |
Kraken Futures PF_COWUSD