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

Q

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days+0.080%+$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit QUSDT0.025820.1067pay 0.0534% / 4h1h 19m$1.6M$366K13x
ShortAster QUSDT0.025770.0863get 0.0432% / 4h1h 19m$60K$52K5x

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
−$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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago1.94 bp68.6 bp −$69doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate Q_USDT+0.0100%4h0.02577−0.209%$1.2M$282K10xas long as short
KuCoin QUSDTM+0.0100%4h0.02576−0.229%$682K$19K20xas long as short
Bitget QUSDT+0.0100%4h0.02581−0.054%$2.3M$125K20xas long as short
BloFin Q-USDT+0.0816%4h0.02580−0.066%$385K$72K40xas long as short
Variational Omni Q+0.0832%4h0.02580−0.096%$621$2Kas long as short
BingX Q-USDT+0.0838%4h0.02586+0.163%$1.3Mas long as short
MEXC Q_USDT+0.0860%4h0.02582−0.012%$123K$88K50xas long as short
Binance QUSDT+0.0860%4h0.02582−0.009%$7.1M$1.4M20xas long as short
Aster QUSDTshort+0.0863%4h0.02577−0.180%$60K$52K5x
Extended Q-USD+0.0864%1h0.02581−0.048%$9K$165K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit QUSDTlong+0.1067%4h0.02582long leg$1.6M$366K13x