PLAY

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AsterPLAYUSDT	0.01515	−0.1103	get 0.0551% / 4h	8m 35s	$1.9M	$344K	5x	Long Aster≤10% back
SHORT	BybitPLAYSOUTUSDT	0.01525	+0.1780	get 0.0890% / 4h	8m 35s	$326K	$231K	12.5x	Short Bybit

Price gap+0.660%

Funding gap+0.2883% /8h

Both sides work: funding pays +$86 a day on $10k, and the gap is 0.500% above its 7d average: +$50 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$51+0.2883% /8h now · paid +0.515% over the last 7D

Price+$50spread +0.660% now, avg +0.160% → +0.500% if it goes back

Costs−$8248.236% of $10k · taker + slippage, in and out

Result−$722−7.22%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.515% in total, about +0.0245%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.660%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PLAY on 7 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

Watch: Thin at this size59.8 / 302.4 bp
At $10k entering Bybit costs 302.4 bp, fee and slippage, 5.1× Aster’s.
Note: Margin at max leverage$2,000 + $800
Aster 5x, Bybit 12.5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$86.50Long Aster: 6 payments, +$33.09; short Bybit: 6 payments, +$53.41.
OK: Entry gap works for you+0.660% vs +0.160%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$326K vs $1.9M OI
Bybit sets your exit cost. Check its book before closing.
OK: Points on a legAster Stage 5
Volume here counts toward the points program.
Watch: KYCAster No · Bybit Yes
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0245%/8h × 21 periods+$51.47

Price spread+0.660% → +0.160% (7d avg)+$49.96

Slippage, 4 orderslive order books−$804.62

Fee Aster bp × 2 orders−$8.00

Fee Bybit bp × 2 orders−$11.00

Net · 7 days · $10k−$722.19

Costs to cover8.236%Break-even105.2 days

Slippage: Aster: live order book, 4 min ago; Bybit: live order book, 30 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGAster23.1659.8 bp−$60doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBybit6.56302.4 bp−$302doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.