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

SIREN

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0744%/8h= −81.5% APRnext payment $3.72 per $10,000 · paid last 24h +0.317%
Price spread now: Aster against Bybit−0.702%7-day average −0.617% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1151.149% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.077%+$8 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.702%, 7d avg −0.617%
Together, before fees+0.130%+ Points / potential airdropAster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Aster is 0.085% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.617%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.077%, 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 5 days it paid 0.077% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.72 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 SIRENUSDT0.024350.1950pay 0.0975% / 4h3m 29s$1.9M$2.6M5x
ShortAster SIRENUSDT0.024180.1206get 0.0603% / 4h3m 29s$213K$81K5x

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
−$156.32
Price spread: −0.702% → −0.617%
−$8.49
Slippage, 4 orders
−$95.86
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$279.67
Costs to cover
1.149%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Aster: live order book, 53 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 Bybit live order book, 4 min ago6.16 bp35.6 bp −$36188.8 bp −$1,888doesn't fitdoesn't fit
Sell Aster live order book, 53 min ago8.30 bp32.4 bp −$32350.3 bp −$3,503doesn't fitdoesn't fit

SIREN 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
SunX SIREN-USDT+0.0100%4h0.02420−0.616%$2K$1.1M20xas long as short
Bitget SIRENUSDT+0.0906%4h0.024350.000%$2.8M$1.4M10xas long as short
Binance SIRENUSDT+0.1197%4h0.02418−0.698%$8.4M$3.4M10xas long as short
Aster SIRENUSDTshort+0.1206%4h0.02418−0.702%$213K$81K5x
MEXC SIREN_USDT+0.1216%4h0.02419−0.657%$690K$131K100xas long as short
BingX SIREN-USDT+0.1294%4h0.02426−0.370%$2.3Mas long as short
KuCoin SIRENUSDTM+0.1446%4h0.02419−0.657%$996K$418K10xas long as short
Gate SIREN_USDT+0.1640%4h0.02414−0.862%$570K$207K10xas long as short
Bybit SIRENUSDTlong+0.1950%4h0.02435long leg$1.9M$2.6M5x