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

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0128%/8h= +14.1% APRnext payment +$0.64 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bybit+0.104%7-day average +0.275% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$1911.906% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.060%+$6 on $10k
Price spread, last 7 days+0.213%+$21 · spread now +0.104%, 7d avg +0.275%
Together, before fees+0.273%+ Points / potential airdropAster: Stage 5 · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.171% cheaper against Bybit than usual: you would sell low and buy high (spread +0.104% now, against its 7-day average of +0.275%). If the spread goes back, that is −$17 on $10k: about 4.4 days of funding at the current rate (+$4 a day). At the pace of the last 5 days (+0.060% in total) that is about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FFUSDT0.1273−0.0028get 0.0014% / 4h1h 02m$14.3M$11.1M20x
ShortAster FFUSDT0.12740.0100get 0.0050% / 4h1h 02m$1.2M$31K5x

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
$26.98
Price spread: +0.104% → +0.275%
−$17.06
Slippage, 4 orders
−$171.59
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$180.67
Costs to cover
1.906%
Break-even
53.9 days
Slippage from Bybit: live order book, 11 min ago; Aster: live order book, 5 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, 11 min ago0.39 bp46.4 bp −$46311.5 bp −$3,115doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago8.24 bp30.8 bp −$31doesn't fitdoesn't fitdoesn't fit

FF on 11 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
Binance FFUSDT−0.0204%4h0.1272−0.055%$43.0M$43.8M20xas long as short
MEXC FF_USDT−0.0198%4h0.1272−0.047%$10.1M$3.6M50xas long as short
BloFin FF-USDT−0.0156%4h0.1273+0.008%$2.3M$414K20xas long as short
Bybit FFUSDTlong−0.0028%4h0.1273long leg$14.3M$11.1M20x
Aster FFUSDTshort+0.0100%4h0.1274+0.104%$1.2M$31K5x
Gate FF_USDT+0.0100%4h0.1275+0.173%$26.9M$3.5M50xas long as short
KuCoin FFUSDTM+0.0100%4h0.1275+0.181%$8.6M$6.4M20xas long as short
Bitget FFUSDT+0.0100%4h0.1273+0.047%$18.5M$4.1M5xas long as short
BingX FF-USDT+0.0100%4h0.1273+0.024%$7.0Mas long as short
SunX FF-USDT+0.0100%4h0.1272−0.047%$2K$2.5M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0144%1h0.1276+0.275%$135K$65K3xas long as short