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

IN

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0299%/8h= +32.8% APRnext payment +$1.50 per $10,000 · paid last 24h −0.093%
Price spread now: Aster against Bybit−0.171%7-day average −0.115% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.116%−$12 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.171%, 7d avg −0.115%
Together, before fees−0.158%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.056% cheaper against Bybit than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.115%). If the spread goes back, that is −$6 on $10k: about 15 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 5 days funding on this pair cost −0.116%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.116% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.50 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
LongBybit INUSDT0.036600.0100pay 0.0050% / 4h1h 19m$794K$238K20x
ShortAster INUSDT0.036540.0399get 0.0200% / 4h1h 19m$133K$15K5x

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

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$62.82
Price spread: −0.171% → −0.115%
−$5.64
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
$38.18
Costs to cover
0.190%
Break-even
2.7 days
Slippage unknown: Bybit: live order book, 41 min ago; Aster: live order book, 42 min ago. Net counts fees only.

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, 41 min ago6.97 bp41.3 bp −$41863.8 bp −$8,638doesn't fitdoesn't fit
Sell Aster live order book, 42 min ago8.39 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

IN on 9 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 INUSDTlong+0.0100%4h0.03660long leg$794K$238K20x
KuCoin INUSDTM+0.0100%4h0.03662+0.055%$305K$79K30xas long as short
Bitget INUSDT+0.0100%4h0.03670+0.273%$868K$214K25xas long as short
Variational Omni IN+0.0100%4h0.03643−0.456%$1K$6as long as short
Aster INUSDTshort+0.0399%4h0.03654−0.171%$133K$15K5x
BingX IN-USDT+0.0526%4h0.03662+0.055%$2.3Mas long as short
MEXC IN_USDT+0.0560%4h0.03665+0.137%$287K$97K20xas long as short
Binance INUSDT+0.0567%4h0.03664+0.109%$2.0M$1.5M25xas long as short
Gate IN_USDT+0.0660%4h0.03663+0.082%$241K$151K50xas long as short