Funding you earn now, next payment 08:00 UTC−0.0675%/8h= −73.9% APRnext payment −$3.38 per $10,000 · paid last 24h −0.147%
Price spread now: Bybit against Aster−0.085%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2272.266% of the position
Funding, last 7 days−0.427%−$43 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.085%, 7d avg −0.111%
=Together, before fees−0.391%+ Points / potential airdropAster: Stage 5 · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.025% dearer against Aster than usual: you sell high and buy low (spread −0.085% now, against its 7-day average of −0.111%): +$3 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.427% in total) that is about 10 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.427% in total (about -22.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.38 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 GENIUSUSDT | 0.3513 | 0.0775 | pay 0.0388% / 4h | 43m 22s | $256K | $379K | 20x |
| Short | Bybit GENIUSUSDT | 0.3510 | 0.0100 | get 0.0050% / 4h | 43m 22s | $1.4M | $2.2M | 25x |
Funding 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
- −$141.78
- Price spread: −0.085% → −0.111%
- $2.55
- Slippage, 4 orders
- −$207.57
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$365.8
- Costs to cover
- 2.266%
- Break-even
- never at this rate
Slippage from Aster: live order book, 59 min ago; Bybit: live order book, 3 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 | 6.97 bp | 41.3 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.85 bp | 74.3 bp −$74 | 231.8 bp −$2,318 | doesn't fit | doesn't fit |
GENIUS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GENIUSUSDTshort | +0.0100% | 4h | 0.3510 | −0.085% | $1.4M | $2.2M | 25x | |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3507 | −0.171% | $240K | $369K | 20x | as long as short |
| KuCoin GENIUSUSDTM | +0.0100% | 4h | 0.3508 | −0.157% | $525K | $1.8M | 20x | as long as short |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3510 | −0.085% | $729K | $1.1M | 20x | as long as short |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3507 | −0.176% | $92K | $40K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3511 | −0.057% | $2K | $774K | 20x | as long as short |
| BloFin GENIUS-USDT | +0.0142% | 4h | 0.3515 | +0.057% | $503K | $23K | 50x | as long as short |
| Extended GENIUS-USD | +0.0160% | 1h | 0.3513 | −0.004% | $4K | $208K | 5x | as long as short |
| Binance GENIUSUSDT | +0.0161% | 4h | 0.3511 | −0.057% | $9.2M | $17.2M | 50x | as long as short |
| MEXC GENIUS_USDT | +0.0162% | 4h | 0.3512 | −0.028% | $514K | $307K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GENIUS-USDT | +0.0174% | 4h | 0.3511 | −0.057% | — | $1.7M | — | as long as short |
| Aster GENIUSUSDTlong | +0.0775% | 4h | 0.3513 | long leg | $256K | $379K | 20x |
Aster GENIUSUSDT
Bybit GENIUSUSDT
Gate GENIUS_USDT
KuCoin GENIUSUSDTM
Bitget GENIUSUSDT
Variational Omni GENIUS
SunX GENIUS-USDT
BloFin GENIUS-USDT
Extended GENIUS-USD
Binance GENIUSUSDT
MEXC GENIUS_USDT
BingX GENIUS-USDT