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

GENIUS

all GENIUS markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GENIUSUSDT0.35130.0775pay 0.0388% / 4h43m 22s$256K$379K20x
ShortBybit GENIUSUSDT0.35100.0100get 0.0050% / 4h43m 22s$1.4M$2.2M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 59 min ago6.97 bp41.3 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.85 bp74.3 bp −$74231.8 bp −$2,318doesn't fitdoesn't fit

GENIUS on 12 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
Bybit GENIUSUSDTshort+0.0100%4h0.3510−0.085%$1.4M$2.2M25x
Gate GENIUS_USDT+0.0100%4h0.3507−0.171%$240K$369K20xas long as short
KuCoin GENIUSUSDTM+0.0100%4h0.3508−0.157%$525K$1.8M20xas long as short
Bitget GENIUSUSDT+0.0100%4h0.3510−0.085%$729K$1.1M20xas long as short
Variational Omni GENIUS+0.0100%4h0.3507−0.176%$92K$40Kas long as short
SunX GENIUS-USDT+0.0100%4h0.3511−0.057%$2K$774K20xas long as short
BloFin GENIUS-USDT+0.0142%4h0.3515+0.057%$503K$23K50xas long as short
Extended GENIUS-USD+0.0160%1h0.3513−0.004%$4K$208K5xas long as short
Binance GENIUSUSDT+0.0161%4h0.3511−0.057%$9.2M$17.2M50xas long as short
MEXC GENIUS_USDT+0.0162%4h0.3512−0.028%$514K$307K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GENIUS-USDT+0.0174%4h0.3511−0.057%$1.7Mas long as short
Aster GENIUSUSDTlong+0.0775%4h0.3513long leg$256K$379K20x