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

ERA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster+0.055%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.055% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ERAUSDT0.067180.0100pay 0.0050% / 4h2h 57m$5K$12K5x
ShortBybit ERAUSDT0.067220.0100get 0.0050% / 4h2h 57m$748K$780K25x

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
$0
Price spread: +0.055% → 0.000%
$5.5
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$13.5
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 8 min ago. Net counts fees only.

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 no order-book sample
Sell Bybit live order book, 8 min ago4.43 bp80.2 bp −$80201.9 bp −$2,019doesn't fitdoesn'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.

ERA on 9 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
Aster ERAUSDTlong+0.0100%4h0.06718long leg$5K$12K5x
Binance ERAUSDT+0.0100%4h0.06721+0.040%$2.1M$4.4M25xas long as short
Bybit ERAUSDTshort+0.0100%4h0.06722+0.055%$748K$780K25x
Gate ERA_USDT+0.0100%4h0.06715−0.049%$148K$663K25xas long as short
MEXC ERA_USDT+0.0100%4h0.06720+0.025%$524K$141K20xas long as short
KuCoin ERAUSDTM+0.0100%4h0.06718−0.005%$137K$53K25xas long as short
Bitget ERAUSDT+0.0100%4h0.06724+0.085%$805K$245K25xas long as short
BingX ERA-USDT+0.0100%4h0.06719+0.010%$6.5Mas long as short
Variational Omni ERA+0.0100%4h0.067180.000%$10K$594as long as short