Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster−0.139%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.139% cheaper against Aster than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster INITUSDT | 0.08173 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $27K | $36K | 5x |
| Short | Bybit INITUSDT | 0.08162 | 0.0100 | get 0.0050% / 4h | 2h 19m | $1.4M | $1.4M | 25x |
Aster INITUSDT
Bybit INITUSDTFunding 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
- $0
- Price spread: −0.139% → 0.000%
- −$13.86
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$32.86
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 3.07 bp | 43.3 bp −$43 | 99.1 bp −$991 | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid INIT | +0.0100% | 1h | 0.08168 | −0.069% | $297K | $234K | 3x | as long as short |
| Aster INITUSDTlong | +0.0100% | 4h | 0.08173 | long leg | $27K | $36K | 5x | |
| Binance INITUSDT | +0.0100% | 4h | 0.08179 | +0.070% | $3.4M | $3.6M | 25x | as long as short |
| Bybit INITUSDTshort | +0.0100% | 4h | 0.08162 | −0.139% | $1.4M | $1.4M | 25x | |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08172 | −0.016% | $132K | $630K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08169 | −0.053% | $83K | $56K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08178 | +0.057% | $444K | $216K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08176 | +0.033% | $325K | $55K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08172 | −0.016% | $427K | $311K | 25x | as long as short |
| BingX INIT-USDT | +0.0100% | 4h | 0.08171 | −0.028% | — | $6.6M | — | as long as short |
Hyperliquid INIT
Binance INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDT
BingX INIT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni INIT | +0.0100% | 4h | 0.08162 | −0.144% | $26K | $23K | — | as long as short |
| BloFin INIT-USDT | +0.0118% | 4h | 0.08170 | −0.041% | $154K | $110K | 25x | as long as short |
| Kraken Futures PF_INITUSD | +0.0535% | 1h | 0.08176 | +0.033% | $6K | $17K | 10x | as long as short |
Variational Omni INIT
BloFin INIT-USDT
Kraken Futures PF_INITUSD