Funding you earn now, next payment 08:00 UTC+0.0507%/8h= +55.5% APRnext payment +$2.53 per $10,000 · paid last 24h +0.088%
Price spread now: Bybit against Aster+0.171%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bybit is 0.171% dearer against Aster than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.068%, 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 7 days it paid -0.068% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.53 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 QUSDT | 0.02570 | 0.0308 | pay 0.0154% / 4h | 3h 08m | $59K | $46K | 5x |
| Short | Bybit QUSDT | 0.02574 | 0.0814 | get 0.0407% / 4h | 3h 08m | $1.6M | $389K | 13x |
Aster QUSDT
Bybit QUSDTFunding 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
- $106.4
- Price spread: +0.171% → 0.000%
- $17.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $104.52
- Costs to cover
- 0.190%
- Break-even
- 0.1 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 2 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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 3.88 bp | 64.5 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02574 | +0.152% | $1.2M | $299K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02570 | 0.000% | $684K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02575 | +0.206% | $2.3M | $141K | 20x | as long as short |
| Aster QUSDTlong | +0.0308% | 4h | 0.02570 | long leg | $59K | $46K | 5x | |
| Extended Q-USD | +0.0344% | 1h | 0.02574 | +0.158% | $10K | $247K | 5x | as long as short |
| Binance QUSDT | +0.0347% | 4h | 0.02575 | +0.187% | $7.1M | $1.4M | 20x | as long as short |
| MEXC Q_USDT | +0.0348% | 4h | 0.02575 | +0.187% | $122K | $89K | 50x | as long as short |
| BloFin Q-USDT | +0.0379% | 4h | 0.02576 | +0.261% | $386K | $72K | 40x | as long as short |
| BingX Q-USDT | +0.0750% | 4h | 0.02575 | +0.198% | — | $1.3M | — | as long as short |
| Bybit QUSDTshort | +0.0814% | 4h | 0.02574 | +0.171% | $1.6M | $389K | 13x |
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
Extended Q-USD
Binance QUSDT
MEXC Q_USDT
BloFin Q-USDT
BingX Q-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni Q | +0.0851% | 4h | 0.02576 | +0.223% | $621 | $2K | — | as long as short |
Variational Omni Q