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

FORM

all FORM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.048%
Price spread now: Aster against Bybit+0.114%7-day average −0.091% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$2102.095% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.069%−$7 on $10k
Price spread, last 4 days (all we have)−0.281%−$28 · spread now +0.114%, 7d avg −0.091%
Together, before fees−0.350%+ Points / potential airdropAster: Stage 5 · farm board−$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.205% dearer against Bybit than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FORMUSDT0.31630.0100pay 0.0050% / 4h3h 36m$1.9M$14.2M20x
ShortAster FORMUSDT0.31660.0100get 0.0050% / 4h3h 36m$40K$1.0M5x

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
$0
Price spread: +0.114% → −0.091%
$20.5
Slippage, 4 orders
−$190.52
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$189.02
Costs to cover
2.095%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Aster: live order book, 1 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 ago4.73 bp68.8 bp −$69160.8 bp −$1,608doesn't fitdoesn't fit
Sell Aster live order book, 1 min ago9.46 bp34.6 bp −$35doesn't fitdoesn't fitdoesn't fit

FORM on 10 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
gTrade (Gains Network) FORM/USDL −0.0007% / S +0.0008%1h0.3171+0.273%as long as short
Aster FORMUSDTshort+0.0100%4h0.3166+0.114%$40K$1.0M5x
Binance FORMUSDT+0.0100%4h0.3164+0.048%$15.7M$168.1M50xas long as short
Bybit FORMUSDTlong+0.0100%4h0.3163long leg$1.9M$14.2M20x
Gate FORM_USDT+0.0100%4h0.3166+0.101%$684K$5.2M50xas long as short
MEXC FORM_USDT+0.0100%4h0.3163+0.006%$1.2M$9.6M100xas long as short
KuCoin FORMUSDTM+0.0100%4h0.3163+0.006%$221K$1.5M30xas long as short
Bitget FORMUSDT+0.0100%4h0.3163+0.006%$989K$10.3M50xas long as short
BingX FORM-USDT+0.0100%4h0.3165+0.070%$3.9Mas long as short
BloFin FORM-USDT+0.0153%4h0.3177+0.449%$894K$402K50xas long as short