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

NIL

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Alert: funding
Alert: spread
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: Aster against Bybit−0.346%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$323as in the Price arb table
costs, in and out, $10k−$2982.982% 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)+0.152%+$15 · spread now −0.346%, 7d avg −0.095%
Together, before fees+0.152%+ Points / potential airdropAster: Stage 5 · farm board+$15 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: Aster is 0.251% cheaper against Bybit than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NILUSDT0.068990.0100pay 0.0050% / 4h1h 02m$3.8M$14.3M20x
ShortAster NILUSDT0.068750.0100get 0.0050% / 4h1h 02m$21K$364K5x

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

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: −0.346% → −0.095%
−$25.06
Slippage, 4 orders
−$279.24
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$323.29
Costs to cover
2.982%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 15 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 Bybit live order book, 1 min ago3.61 bp31.8 bp −$32180.4 bp −$1,804doesn't fitdoesn't fit
Sell Aster live order book, 15 min ago14.10 bp132.3 bp −$132doesn't fitdoesn'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
BloFin NIL-USDT+0.0093%4h0.06898−0.014%$349K$150K50xas long as short
Aster NILUSDTshort+0.0100%4h0.06875−0.346%$21K$364K5x
Binance NILUSDT+0.0100%4h0.06881−0.255%$5.3M$81.2M50xas long as short
Bybit NILUSDTlong+0.0100%4h0.06899long leg$3.8M$14.3M20x
Gate NIL_USDT+0.0100%4h0.06887−0.174%$446K$2.1M50xas long as short
MEXC NIL_USDT+0.0100%4h0.06887−0.174%$2.4M$5.3M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.06891−0.116%$516K$715K30xas long as short
Bitget NILUSDT+0.0100%4h0.06884−0.217%$1.8M$9.0M50xas long as short
BingX NIL-USDT+0.0100%4h0.06884−0.217%$8.6Mas long as short
Variational Omni NIL+0.0100%4h0.06888−0.158%$177K$266Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NIL-USD+0.0104%1h0.06875−0.351%$17K$94K5xas long as short
Hyperliquid NIL+0.1259%1h0.06890−0.130%$4.1M$4.6M3xas long as short