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

NIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster+0.156%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$355as in the Price arb table
costs, in and out, $10k−$3613.611% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.156%, 7d avg +0.098%
Together, before fees+0.010%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.058% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NILUSDT0.069610.0100pay 0.0050% / 4h5m 26s$23K$315K5x
ShortBybit NILUSDT0.069720.0100get 0.0050% / 4h5m 26s$3.8M$13.7M20x

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
$0
Price spread: +0.156% → +0.098%
$5.84
Slippage, 4 orders
−$342.06
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$355.22
Costs to cover
3.611%
Break-even
never at this rate
Slippage from Aster: live order book, 52 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, 52 min ago14.72 bp168.2 bp −$168doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago5.73 bp45.2 bp −$45189.8 bp −$1,898doesn't fitdoesn't fit

NIL 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
Aster NILUSDTlong+0.0100%4h0.06961long leg$23K$315K5x
Binance NILUSDT+0.0100%4h0.06964+0.038%$5.4M$74.1M50xas long as short
Bybit NILUSDTshort+0.0100%4h0.06972+0.156%$3.8M$13.7M20x
Gate NIL_USDT+0.0100%4h0.06961−0.002%$448K$2.0M50xas long as short
MEXC NIL_USDT+0.0100%4h0.06965+0.056%$2.3M$4.3M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.06968+0.099%$580K$702K30xas long as short
Bitget NILUSDT+0.0100%4h0.06971+0.142%$1.9M$8.4M50xas long as short
BingX NIL-USDT+0.0100%4h0.06962+0.013%$8.4Mas long as short
Variational Omni NIL+0.0100%4h0.06969+0.117%$184K$264Kas long as short
Extended NIL-USD+0.0104%1h0.06961+0.002%$21K$98K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NIL-USDT+0.0128%4h0.06973+0.171%$350K$125K50xas long as short
Hyperliquid NIL+0.0839%1h0.06986+0.356%$4.4M$4.6M3xas long as short