Funding you earn now, next payment 04:00 UTC−0.0346%/8h= −37.9% APRnext payment −$1.73 per $10,000 · paid last 24h −0.045%
Price spread now: Aster against Bybit−0.040%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1651.652% of the position
Funding, last 5 days (all we have)−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now −0.040%, 7d avg −0.070%
=Together, before fees−0.158%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.030% dearer against Bybit than usual: you sell high and buy low (spread −0.040% now, against its 7-day average of −0.070%): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 5 days (−0.030% in total) that is about 5.4 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.030% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.73 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DEXEUSDT | 1.9418 | 0.0446 | pay 0.0223% / 4h | 1h 45m | $2.4M | $913K | 20x |
| Short | Aster DEXEUSDT | 1.9410 | 0.0100 | get 0.0050% / 4h | 1h 45m | $172K | $30K | 5x |
Bybit DEXEUSDT
Aster DEXEUSDTFunding 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
- −$72.6
- Price spread: −0.040% → −0.070%
- $3.01
- Slippage, 4 orders
- −$146.22
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$234.8
- Costs to cover
- 1.652%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 16 min ago.
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, 1 min ago | 5.15 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 16 min ago | 5.13 bp | 21.2 bp −$21 | 258.1 bp −$2,581 | doesn't fit | doesn't fit |
DEXE on 12 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −4.213% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDTshort | +0.0100% | 4h | 1.9410 | −0.040% | $172K | $30K | 5x | |
| Binance DEXEUSDT | +0.0100% | 4h | 1.9392 | −0.133% | $7.0M | $8.6M | 20x | as long as short |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9390 | −0.144% | $471K | $797K | 20x | as long as short |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9390 | −0.144% | $1.8M | $229K | 20x | as long as short |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9390 | −0.144% | $3.2M | $502K | 10x | as long as short |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9400 | −0.093% | — | $1.8M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9412 | −0.033% | $35K | $388 | — | as long as short |
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9380 | −0.196% | $8K | — | 10x | as long as short |
| BloFin DEXE-USDT | +0.0340% | 4h | 1.9370 | −0.247% | — | $36K | 20x | as long as short |
Injective DEXE/USDC PERP
Binance DEXEUSDT
Gate DEXE_USDT
MEXC DEXE_USDT
Bitget DEXEUSDT
BingX DEXE-USDT
Variational Omni DEXE
Orderly PERP_DEXE_USDC_mythos
BloFin DEXE-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DEXEUSDTlong | +0.0446% | 4h | 1.9418 | long leg | $2.4M | $913K | 20x | |
| Kraken Futures PF_DEXEUSD | +0.0481% | 1h | 1.9385 | −0.172% | $42K | $53K | 20x | as long as short |
Kraken Futures PF_DEXEUSD