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

LUMIA

all LUMIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0309%/8h= +33.8% APRnext payment +$1.54 per $10,000 · paid last 24h +0.050%
Price spread now: Bybit against Aster+0.174%7-day average +0.139% · you sell dearer than you buy
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 6 days (all we have)+0.045%+$5 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.174%, 7d avg +0.139%
Together, before fees+0.014%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bybit is 0.034% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.139%.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.045% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.54 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 LUMIAUSDT0.084390.0100pay 0.0050% / 4h3h 12m$989K$2K5x
ShortBybit LUMIAUSDT0.084540.0409get 0.0204% / 4h3h 12m$732K$304K25x

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
$64.8
Price spread: +0.174% → +0.139%
$3.44
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$49.24
Costs to cover
0.190%
Break-even
1.7 days
Slippage unknown: Aster: live order book, 36 min ago; Bybit: live order book, 38 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 Aster live order book, 36 min ago8.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 38 min ago8.80 bp100.1 bp −$100doesn't fitdoesn't fitdoesn't fit

LUMIA on 8 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
Aster LUMIAUSDTlong+0.0100%4h0.08439long leg$989K$2K5x
Binance LUMIAUSDT+0.0100%4h0.08434−0.066%$4.8M$1.9M10xas long as short
Gate LUMIA_USDT+0.0100%4h0.08433−0.075%$305K$38K20xas long as short
MEXC LUMIA_USDT+0.0100%4h0.08434−0.063%$188K$125K100xas long as short
Variational Omni LUMIA+0.0208%4h0.08439−0.010%$6K$5Kas long as short
Bitget LUMIAUSDT+0.0220%4h0.08439−0.004%$2.7M$340K10xas long as short
BingX LUMIA-USDT+0.0326%4h0.08446+0.079%$1.3Mas long as short
Bybit LUMIAUSDTshort+0.0409%4h0.08454+0.174%$732K$304K25x