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

ESPORTS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0904%/8h= +99.0% APRnext payment +$4.52 per $10,000 · paid last 24h +0.089%
Price spread now: Aster against Bybit−0.017%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1831.829% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.308%+$31 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.017%, 7d avg −0.143%
Together, before fees+0.207%+ Points / potential airdropAster: Stage 5 · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Aster is 0.126% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.143%.
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 +$4.52 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
LongBybit ESPORTSUSDT0.010400.1555pay 0.0778% / 4h2h 29m$1.8M$1.1M10x
ShortAster ESPORTSUSDT0.010400.2460get 0.1230% / 4h2h 29m$127K$84K5x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$189.92
Price spread: −0.017% → −0.143%
$12.65
Slippage, 4 orders
−$163.91
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
$19.65
Costs to cover
1.829%
Break-even
6.3 days
Slippage from Bybit: live order book, 2 min ago; Aster: live order book, 36 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 Bybit live order book, 2 min ago4.81 bp47.3 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 36 min ago14.29 bp34.0 bp −$34290.4 bp −$2,904doesn't fitdoesn't fit

ESPORTS on 8 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
Variational Omni ESPORTS+0.1090%4h0.01039−0.064%$31K$507as long as short
Bybit ESPORTSUSDTlong+0.1555%4h0.01040long leg$1.8M$1.1M10x
KuCoin ESPORTSUSDTM+0.1696%4h0.01036−0.385%$787K$52K10xas long as short
Gate ESPORTS_USDT+0.1720%4h0.010400.000%$372K$570K10xas long as short
Aster ESPORTSUSDTshort+0.2460%4h0.01040−0.017%$127K$84K5x
BingX ESPORTS-USDT+0.2902%4h0.010400.000%$1.4Mas long as short
MEXC ESPORTS_USDT+0.2928%4h0.01038−0.192%$1.4M$186K20xas long as short
Binance ESPORTSUSDT+0.2947%4h0.01039−0.096%$5.8M$4.6M10xas long as short