Funding you earn now, next payment 04:00 UTC−0.1011%/8h= −110.7% APRnext payment −$5.06 per $10,000 · paid last 24h −0.089%
Price spread now: Bybit against Aster+0.092%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1771.767% of the position
Funding, last 5 days (all we have)−0.308%−$31 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.092%, 7d avg +0.143%
=Together, before fees−0.283%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Bybit is 0.051% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.143%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.308% in total (about -20.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.06 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 | Aster ESPORTSUSDT | 0.01039 | 0.2431 | pay 0.1215% / 4h | 2h 07m | $127K | $84K | 5x |
| Short | Bybit ESPORTSUSDT | 0.01040 | 0.1419 | get 0.0710% / 4h | 2h 07m | $1.8M | $1.1M | 10x |
Aster ESPORTSUSDT
Bybit ESPORTSUSDTFunding 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
- −$212.37
- Price spread: +0.092% → +0.143%
- −$5.1
- Slippage, 4 orders
- −$157.7
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$394.17
- Costs to cover
- 1.767%
- Break-even
- never at this rate
Slippage from Aster: live order book, 59 min ago; Bybit: live order book, 4 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 Aster live order book, 59 min ago | 14.29 bp | 61.3 bp −$61 | 563.9 bp −$5,639 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.80 bp | 42.4 bp −$42 | 403.5 bp −$4,035 | doesn't fit | doesn't fit |
ESPORTS on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ESPORTS | +0.1208% | 4h | 0.01041 | +0.219% | $31K | $507 | — | as long as short |
| Gate ESPORTS_USDT | +0.1302% | 4h | 0.01039 | −0.004% | $371K | $578K | 10x | as long as short |
| Bybit ESPORTSUSDTshort | +0.1419% | 4h | 0.01040 | +0.092% | $1.8M | $1.1M | 10x | |
| KuCoin ESPORTSUSDTM | +0.1754% | 4h | 0.01035 | −0.389% | $786K | $43K | 10x | as long as short |
| Aster ESPORTSUSDTlong | +0.2431% | 4h | 0.01039 | long leg | $127K | $84K | 5x | |
| Binance ESPORTSUSDT | +0.2989% | 4h | 0.01037 | −0.196% | $5.8M | $4.6M | 10x | as long as short |
| MEXC ESPORTS_USDT | +0.3008% | 4h | 0.01038 | −0.100% | $1.4M | $188K | 20x | as long as short |
| BingX ESPORTS-USDT | +0.3008% | 4h | 0.01039 | −0.004% | — | $1.4M | — | as long as short |
Variational Omni ESPORTS
Gate ESPORTS_USDT
KuCoin ESPORTSUSDTM
Binance ESPORTSUSDT
MEXC ESPORTS_USDT
BingX ESPORTS-USDT