Funding you earn now, next payment 00:00 UTC+0.0391%/8h= +42.8% APRnext payment +$1.95 per $10,000 · paid last 24h +0.101%
Price spread now: Aster against Bybit+0.132%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2862.857% of the position
Funding, last 5 days (all we have)+0.222%+$22 on $10k
+Price spread, last 4 days (all we have)+0.143%+$14 · spread now +0.132%, 7d avg +0.044%
=Together, before fees+0.365%+ Points / potential airdropAster: Stage 5 · farm board+$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Aster is 0.087% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUSDT | 1.4744 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $4.7M | $2.3M | 20x |
| Short | Aster MUSDT | 1.4763 | 0.0491 | get 0.0245% / 4h | 1h 56m | $15K | $116K | 5x |
Bybit MUSDT
Aster MUSDTFunding 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
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
- $82.02
- Price spread: +0.132% → +0.044%
- $8.71
- Slippage, 4 orders
- −$266.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$195.01
- Costs to cover
- 2.857%
- Break-even
- 23.6 days
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 24 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 Bybit live order book, 1 min ago | 2.04 bp | 47.9 bp −$48 | 386.0 bp −$3,860 | doesn't fit | doesn't fit |
| Sell Aster live order book, 24 min ago | 16.27 bp | 87.0 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
M 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 MUSDTlong | +0.0100% | 4h | 1.4744 | long leg | $4.7M | $2.3M | 20x | |
| Gate M_USDT | +0.0100% | 8h | 1.4741 | −0.020% | $2.0M | $880K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4755 | +0.075% | $1.9M | $347K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4623 | −0.817% | $90K | $42K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4715 | −0.197% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4709 | −0.237% | $2K | $549K | 20x | as long as short |
| Aster MUSDTshort | +0.0491% | 4h | 1.4763 | +0.132% | $15K | $116K | 5x | |
| BingX M-USDT | +0.0740% | 4h | 1.4752 | +0.054% | — | $2.4M | — | as long as short |
| KuCoin MUSDTM | +0.0766% | 4h | 1.4614 | −0.883% | $1.4M | $4.4M | 10x | as long as short |
| MEXC M_USDT | +0.0802% | 4h | 1.4737 | −0.047% | $247K | $109K | 50x | as long as short |
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
BingX M-USDT
KuCoin MUSDTM
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDT | +0.0818% | 4h | 1.4746 | +0.014% | $5.5M | $4.5M | 10x | as long as short |
| BloFin M-USDT | +0.0841% | 4h | 1.4713 | −0.210% | $351K | $405K | 10x | as long as short |
Binance MUSDT
BloFin M-USDT