Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against Aster−0.102%7-day average −0.024% · 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−$73as in the Price arb table
costs, in and out, $10k−$650.647% of the position
Funding, last 5 days (all we have)−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.102%, 7d avg −0.024%
=Together, before fees−0.126%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.079% cheaper against Aster than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.024%). If the spread goes back, that is −$8 on $10k: about 4.6 days of funding at the current rate (+$2 a day). Mind the row above: over the last 5 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ETHFIUSDT | 0.7201 | 0.0044 | pay 0.0022% / 4h | 36m 54s | $184K | $262K | 10x |
| Short | Bybit ETHFIUSDT | 0.7194 | 0.0100 | get 0.0050% / 4h | 36m 54s | $18.2M | $13.1M | 25x |
Aster ETHFIUSDT
Bybit ETHFIUSDTFunding 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
- $11.86
- Price spread: −0.102% → −0.024%
- −$7.85
- Slippage, 4 orders
- −$45.72
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$60.71
- Costs to cover
- 0.647%
- Break-even
- 42.8 days
Slippage from Aster: live order book, 40 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 40 min ago | 5.58 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.69 bp | 13.6 bp −$14 | 39.6 bp −$396 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0343% | 4h | 0.7187 | −0.199% | $83K | $164K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0306% | 1h | 0.7196 | −0.074% | $42K | $18K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0190% | 4h | 0.7194 | −0.102% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.537% | $321 | $51K | 5.5x | as long as short |
| Extended ETHFI-USD | +0.0040% | 1h | 0.7192 | −0.135% | $93K | $493K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0040% | 4h | 0.7192 | −0.130% | $15.2M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0040% | 4h | 0.7193 | −0.116% | $25.0M | $37.2M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0042% | 8h | 0.7193 | −0.115% | $6K | — | 5x | as long as short |
| Aster ETHFIUSDTlong | +0.0044% | 4h | 0.7201 | long leg | $184K | $262K | 10x | |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7193 | −0.116% | $9K | — | 3x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Paradex ETHFI-USD-PERP
Aevo ETHFI-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7206 | +0.060% | $1.1M | $896K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7206 | +0.067% | $18.2M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDTshort | +0.0100% | 4h | 0.7194 | −0.102% | $18.2M | $13.1M | 25x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7196 | −0.074% | $4.9M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7195 | −0.088% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7194 | −0.102% | $1.2M | $272K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7193 | −0.116% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7195 | −0.088% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7202 | +0.010% | $1.1M | $738K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7198 | −0.049% | $60K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7196 | −0.074% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0162% | 4h | 0.7201 | −0.005% | $1.3M | $291K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +0.495% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0550% | 1h | 0.7206 | +0.067% | $277K | $160K | 20x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD