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

RARE

all RARE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster+0.182%7-day average · you sell dearer than you buy
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 6 days (all we have)no history yet
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.182% dearer against Aster than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster RAREUSDT0.013220.0100pay 0.0050% / 4h2h 00m$8K$3K5x
ShortBybit RAREUSDT0.013250.0117get 0.0058% / 4h2h 00m$309K$87K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$3.53
Price spread: +0.182% → 0.000%
$18.2
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$2.74
Costs to cover
0.190%
Break-even
1.6 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 39 min ago. 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 Aster no order-book sample
Sell Bybit live order book, 39 min ago6.08 bp117.4 bp −$117doesn't fitdoesn't fitdoesn'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.

RARE 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
BloFin RARE-USDT+0.0065%4h0.01323+0.061%$105K$12K25xas long as short
BingX RARE-USDT+0.0070%4h0.01322−0.015%$1.3Mas long as short
Aster RAREUSDTlong+0.0100%4h0.01322long leg$8K$3K5x
Binance RAREUSDT+0.0100%4h0.01323+0.055%$1.6M$1.1M25xas long as short
Gate RARE_USDT+0.0100%4h0.01322−0.015%$49K$28K20xas long as short
MEXC RARE_USDT+0.0100%4h0.01322−0.015%$623K$171K100xas long as short
KuCoin RAREUSDTM+0.0100%4h0.01326+0.288%$203K$71K30xas long as short
Bitget RAREUSDT+0.0100%4h0.01322−0.015%$234K$71K20xas long as short
Variational Omni RARE+0.0100%4h0.01325+0.224%$1K$2Kas long as short
Bybit RAREUSDTshort+0.0117%4h0.01325+0.182%$309K$87K25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAREUSD+1.2348%1h0.01335+0.992%$3K$2K10xas long as short