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: Aster against Bybit−0.218%7-day average −0.020% · you buy dearer than you sell
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 −0.218%, 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 against this trade now: funding costs −$25 a day on $10k at the current rate, and Aster is 0.198% cheaper against Bybit than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
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 | Bybit OPENUSDT | 0.1445 | 0.0941 | pay 0.0470% / 4h | 55m 13s | $1.5M | $690K | 25x |
| Short | Aster OPENUSDT | 0.1442 | 0.0100 | get 0.0050% / 4h | 55m 13s | $252K | $4K | 5x |
Bybit OPENUSDT
Aster OPENUSDTFunding 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
- −$176.61
- Price spread: −0.218% → −0.020%
- −$19.84
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$215.45
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; Aster: 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 Bybit live order book, 1 min ago | 4.15 bp | 251.1 bp −$251 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 13.83 bp | 56.0 bp −$56 | 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 OPENUSDTshort | +0.0100% | 4h | 0.1442 | −0.218% | $252K | $4K | 5x | |
| Binance OPENUSDT | +0.0100% | 4h | 0.1442 | −0.221% | $7.1M | $2.5M | 75x | as long as short |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1444 | −0.083% | $828K | $196K | 75x | as long as short |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1444 | −0.090% | $2.4M | $46K | 30x | as long as short |
| Bitget OPENUSDT | +0.0100% | 4h | 0.1444 | −0.083% | $2.2M | $181K | 20x | as long as short |
| Extended OPEN-USD | +0.0104% | 1h | 0.1442 | −0.205% | $2K | $109K | 5x | as long as short |
| BloFin OPEN-USDT | +0.0113% | 4h | 0.1444 | −0.083% | $678K | $12K | 75x | as long as short |
| Bybit OPENUSDTlong | +0.0941% | 4h | 0.1445 | long leg | $1.5M | $690K | 25x | |
| Kraken Futures PF_OPENUSD | +0.0975% | 1h | 0.1443 | −0.173% | $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