Funding you earn now, next payment 04:00 UTC−0.0204%/8h= −22.3% APRnext payment −$1.02 per $10,000 · paid last 24h −0.087%
Price spread now: Aster against Bybit−0.180%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.180% cheaper against Bybit than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.080%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.02 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 QUSDT | 0.02582 | 0.1067 | pay 0.0534% / 4h | 1h 19m | $1.6M | $366K | 13x |
| Short | Aster QUSDT | 0.02577 | 0.0863 | get 0.0432% / 4h | 1h 19m | $60K | $52K | 5x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$42.82
- Price spread: −0.180% → 0.000%
- −$18.02
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$79.84
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; Aster: no order-book sample. 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 | 1.94 bp | 68.6 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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 | 0.02577 | −0.209% | $1.2M | $282K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02576 | −0.229% | $682K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02581 | −0.054% | $2.3M | $125K | 20x | as long as short |
| BloFin Q-USDT | +0.0816% | 4h | 0.02580 | −0.066% | $385K | $72K | 40x | as long as short |
| Variational Omni Q | +0.0832% | 4h | 0.02580 | −0.096% | $621 | $2K | — | as long as short |
| BingX Q-USDT | +0.0838% | 4h | 0.02586 | +0.163% | — | $1.3M | — | as long as short |
| MEXC Q_USDT | +0.0860% | 4h | 0.02582 | −0.012% | $123K | $88K | 50x | as long as short |
| Binance QUSDT | +0.0860% | 4h | 0.02582 | −0.009% | $7.1M | $1.4M | 20x | as long as short |
| Aster QUSDTshort | +0.0863% | 4h | 0.02577 | −0.180% | $60K | $52K | 5x | |
| Extended Q-USD | +0.0864% | 1h | 0.02581 | −0.048% | $9K | $165K | 5x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit QUSDTlong | +0.1067% | 4h | 0.02582 | long leg | $1.6M | $366K | 13x |
Bybit QUSDT
Aster QUSDT
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
BloFin Q-USDT
Variational Omni Q
BingX Q-USDT
MEXC Q_USDT
Binance QUSDT
Extended Q-USD