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

PTB

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0601%/8h= +65.8% APRnext payment +$3.00 per $10,000 · paid last 24h +0.048%
Price spread now: Aster against Bybit−0.093%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2552.550% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.138%−$14 on $10k
Price spread, last 4 days (all we have)+0.141%+$14 · spread now −0.093%, 7d avg −0.100%
Together, before fees+0.004%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.100%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.138%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.138% in total (about -9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PTBUSDT0.0012360.0100pay 0.0050% / 4h34m 18s$2.0M$27.5M25x
ShortAster PTBUSDT0.0012340.0701get 0.0350% / 4h34m 18s$74K$1.0M5x

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
$126.18
Price spread: −0.093% → −0.100%
$0.72
Slippage, 4 orders
−$236.04
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$128.14
Costs to cover
2.550%
Break-even
14.1 days
Slippage from Bybit: live order book, 4 min ago; Aster: live order book, 4 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, 4 min ago4.43 bp69.6 bp −$70494.4 bp −$4,944doesn't fitdoesn't fit
Sell Aster live order book, 4 min ago5.65 bp40.5 bp −$41345.5 bp −$3,455doesn't fitdoesn't fit

PTB on 10 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
Bybit PTBUSDTlong+0.0100%4h0.001236long leg$2.0M$27.5M25x
Variational Omni PTB+0.0100%4h0.001241+0.417%$41K$71Kas long as short
Aster PTBUSDTshort+0.0701%4h0.001234−0.093%$74K$1.0M5x
BloFin PTB-USDT+0.0776%4h0.001240+0.372%$530K$1.1M20xas long as short
BingX PTB-USDT+0.0818%4h0.001237+0.146%$2.5Mas long as short
Extended kPTB-USD+0.0832%1h0.001237+0.082%$4K$45K5xas long as short
MEXC PTB_USDT+0.0832%4h0.001238+0.194%$463K$1.2M20xas long as short
Binance PTBUSDT+0.0833%4h0.001237+0.108%$9.2M$184.5M20xas long as short
KuCoin PTBUSDTM+0.0902%4h0.001238+0.186%$2.0M$8.7M20xas long as short
Gate PTB_USDT+0.1204%4h0.001236+0.057%$2.1M$7.6M25xas long as short