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 − costs—under 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SIRENUSDT | 0.02435 | 0.1950 | pay 0.0975% / 4h | 3m 29s | $1.9M | $2.6M | 5x |
| Short | Aster SIRENUSDT | 0.02418 | 0.1206 | get 0.0603% / 4h | 3m 29s | $213K | $81K | 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
- −$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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 6.16 bp | 35.6 bp −$36 | 188.8 bp −$1,888 | doesn't fit | doesn't fit |
| Sell Aster live order book, 53 min ago | 8.30 bp | 32.4 bp −$32 | 350.3 bp −$3,503 | doesn't fit | doesn't fit |
SIREN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDT | +0.0100% | 4h | 0.02420 | −0.616% | $2K | $1.1M | 20x | as long as short |
| Bitget SIRENUSDT | +0.0906% | 4h | 0.02435 | 0.000% | $2.8M | $1.4M | 10x | as long as short |
| Binance SIRENUSDT | +0.1197% | 4h | 0.02418 | −0.698% | $8.4M | $3.4M | 10x | as long as short |
| Aster SIRENUSDTshort | +0.1206% | 4h | 0.02418 | −0.702% | $213K | $81K | 5x | |
| MEXC SIREN_USDT | +0.1216% | 4h | 0.02419 | −0.657% | $690K | $131K | 100x | as long as short |
| BingX SIREN-USDT | +0.1294% | 4h | 0.02426 | −0.370% | — | $2.3M | — | as long as short |
| KuCoin SIRENUSDTM | +0.1446% | 4h | 0.02419 | −0.657% | $996K | $418K | 10x | as long as short |
| Gate SIREN_USDT | +0.1640% | 4h | 0.02414 | −0.862% | $570K | $207K | 10x | as long as short |
| Bybit SIRENUSDTlong | +0.1950% | 4h | 0.02435 | long leg | $1.9M | $2.6M | 5x |
Bybit SIRENUSDT
Aster SIRENUSDT
SunX SIREN-USDT
Bitget SIRENUSDT
Binance SIRENUSDT
MEXC SIREN_USDT
BingX SIREN-USDT
KuCoin SIRENUSDTM
Gate SIREN_USDT