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

DEXE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0268%/8h= +29.3% APRnext payment +$1.34 per $10,000 · paid last 24h +0.048%
Price spread now: Bybit against Aster−0.040%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1741.744% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.045%+$4 on $10k
Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.040%, 7d avg +0.069%
Together, before fees+0.255%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.109% cheaper against Aster than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.069%). If the spread goes back, that is −$11 on $10k: about 32 hours of funding at the current rate (+$8 a day). At the pace of the last 6 days (+0.045% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.045% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DEXEUSDT1.95380.0131pay 0.0065% / 4h3h 34m$173K$30K5x
ShortBybit DEXEUSDT1.95300.0398get 0.0199% / 4h3h 34m$2.4M$915K20x

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
$56.19
Price spread: −0.040% → +0.069%
−$10.87
Slippage, 4 orders
−$155.36
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$129.04
Costs to cover
1.744%
Break-even
23.1 days
Slippage from Aster: live order book, 17 min ago; Bybit: live order book, 2 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, 17 min ago5.12 bp29.8 bp −$30486.6 bp −$4,866doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.56 bp53.4 bp −$531192.8 bp −$11.9Kdoesn't fitdoesn't fit

DEXE on 12 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
Kraken Futures PF_DEXEUSD−0.0185%1h1.9511−0.138%$43K$50K20xas long as short
Injective DEXE/USDC PERP+0.0033%1h1.8600−4.800%$3K5.5xas long as short
Binance DEXEUSDT+0.0100%4h1.9509−0.145%$7.0M$8.5M20xas long as short
Gate DEXE_USDT+0.0100%4h1.9520−0.091%$473K$817K20xas long as short
MEXC DEXE_USDT+0.0100%4h1.9510−0.142%$1.8M$229K20xas long as short
Bitget DEXEUSDT+0.0100%4h1.9510−0.142%$3.2M$485K10xas long as short
BingX DEXE-USDT+0.0100%4h1.9530−0.040%$1.8Mas long as short
Variational Omni DEXE+0.0100%4h1.9537−0.006%$35K$388as long as short
Orderly PERP_DEXE_USDC_mythos+0.0100%4h1.9500−0.193%$8K10xas long as short
Aster DEXEUSDTlong+0.0131%4h1.9538long leg$173K$30K5x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin DEXE-USDT+0.0340%4h1.9500−0.193%$398K$36K20xas long as short
Bybit DEXEUSDTshort+0.0398%4h1.9530−0.040%$2.4M$915K20x