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

RPL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0211%/8h= −23.1% APRnext payment $1.06 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster+0.001%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$591as in the Price arb table
costs, in and out, $10k−$5845.844% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.073%−$7 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.001%, 7d avg +0.069%
Together, before fees−0.059%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.068% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.069%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.073% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.06 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
LongAster RPLUSDT1.98270.0100pay 0.0050% / 4h3h 44m$101K$35K5x
ShortBybit RPLUSDT1.9827−0.0111pay 0.0056% / 4h3h 44m$391K$234K20x

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
−$44.34
Price spread: +0.001% → +0.069%
−$6.8
Slippage, 4 orders
−$565.38
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$635.52
Costs to cover
5.844%
Break-even
never at this rate
Slippage from Aster: live order book, 26 min ago; Bybit: live order book, 20 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 Aster live order book, 26 min ago10.13 bp188.3 bp −$188doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 20 min ago10.08 bp146.4 bp −$146doesn't fitdoesn't fitdoesn't fit

RPL on 9 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 RPLUSDTshort−0.0111%4h1.9827+0.001%$391K$234K20x
Injective RPL/USDC PERP+0.0033%1h1.9480−1.749%$201$4725.5xas long as short
Aster RPLUSDTlong+0.0100%4h1.9827long leg$101K$35K5x
Binance RPLUSDT+0.0100%4h1.9810−0.085%$1.2M$1.4M50xas long as short
MEXC RPL_USDT+0.0100%4h1.9810−0.085%$332K$170K20xas long as short
Bitget RPLUSDT+0.0100%4h1.9820−0.034%$424K$169K50xas long as short
BingX RPL-USDT+0.0100%4h1.9830+0.016%$1.3Mas long as short
Variational Omni RPL+0.0100%4h1.9832+0.026%$15K$2Kas long as short
Gate RPL_USDT+0.0238%8h1.9780−0.236%$65K$26K20xas long as short