Funding you earn now, next payment 04:00 UTC+0.0841%/8h= +92.1% APRnext payment +$4.21 per $10,000 · paid last 24h +0.028%
Price spread now: Bybit against Aster+0.219%7-day average +0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.233%−$23 · spread now +0.219%, 7d avg +0.020%
=Together, before fees−0.213%+ Points / potential airdropAster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Bybit is 0.199% dearer against Aster than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.020%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.020% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster OPENUSDT | 0.1442 | 0.0100 | pay 0.0050% / 4h | 55m 14s | $252K | $4K | 5x |
| Short | Bybit OPENUSDT | 0.1445 | 0.0941 | get 0.0470% / 4h | 55m 14s | $1.5M | $690K | 25x |
Aster OPENUSDT
Bybit OPENUSDTFunding 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
- $176.61
- Price spread: +0.219% → +0.020%
- $19.89
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $177.5
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Aster: live order book, 1 min ago; 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 live order book, 1 min ago | 13.83 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.15 bp | 209.5 bp −$209 | doesn't fit | doesn't fit | doesn't fit |
OPEN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OPENUSDTlong | +0.0100% | 4h | 0.1442 | long leg | $252K | $4K | 5x | |
| Binance OPENUSDT | +0.0100% | 4h | 0.1442 | −0.003% | $7.1M | $2.5M | 75x | as long as short |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1444 | +0.136% | $828K | $196K | 75x | as long as short |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1444 | +0.129% | $2.4M | $46K | 30x | as long as short |
| Bitget OPENUSDT | +0.0100% | 4h | 0.1444 | +0.136% | $2.2M | $181K | 20x | as long as short |
| Extended OPEN-USD | +0.0104% | 1h | 0.1442 | +0.013% | $2K | $109K | 5x | as long as short |
| BloFin OPEN-USDT | +0.0113% | 4h | 0.1444 | +0.136% | $678K | $12K | 75x | as long as short |
| Bybit OPENUSDTshort | +0.0941% | 4h | 0.1445 | +0.219% | $1.5M | $690K | 25x | |
| Kraken Futures PF_OPENUSD | +0.0975% | 1h | 0.1443 | +0.046% | $14K | $55K | 10x | as long as short |
Binance OPENUSDT
Gate OPEN_USDT
KuCoin OPENUSDTM
Bitget OPENUSDT
Extended OPEN-USD
BloFin OPEN-USDT
Kraken Futures PF_OPENUSD