Funding you earn now, next payment 04:00 UTC+0.0231%/8h= +25.3% APRnext payment +$1.15 per $10,000 · paid last 24h +0.007%
Price spread now: Bybit against Aster−0.089%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Bybit is 0.089% cheaper against Aster than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 31 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.097% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.15 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 | Aster SPKUSDT | 0.02163 | −0.0131 | get 0.0065% / 4h | 1h 45m | $12K | $72K | 5x |
| Short | Bybit SPKUSDT | 0.02161 | 0.0100 | get 0.0050% / 4h | 1h 45m | $1.8M | $2.2M | 25x |
Aster SPKUSDT
Bybit SPKUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $48.45
- Price spread: −0.089% → 0.000%
- −$8.94
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $20.51
- Costs to cover
- 0.190%
- Break-even
- 4.0 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 4.63 bp | 36.6 bp −$37 | 137.2 bp −$1,372 | doesn't fit | doesn'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.
SPK on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SPK_USDT | −0.0530% | 4h | 0.02160 | −0.136% | $140K | $130K | 50x | as long as short |
| Aster SPKUSDTlong | −0.0131% | 4h | 0.02163 | long leg | $12K | $72K | 5x | |
| BloFin SPK-USDT | +0.0059% | 4h | 0.02159 | −0.182% | — | $31K | 50x | as long as short |
| Binance SPKUSDT | +0.0100% | 4h | 0.02162 | −0.040% | $3.7M | $5.7M | 50x | as long as short |
| Bybit SPKUSDTshort | +0.0100% | 4h | 0.02161 | −0.089% | $1.8M | $2.2M | 25x | |
| OKX SPK-USDT-SWAP | +0.0100% | 4h | 0.02162 | −0.043% | $762K | $2.0M | 20x | as long as short |
| MEXC SPK_USDT | +0.0100% | 4h | 0.02163 | +0.003% | $2.2M | $641K | 50x | as long as short |
| KuCoin SPKUSDTM | +0.0100% | 4h | 0.02166 | +0.142% | $1.1M | $476K | 30x | as long as short |
| Bitget SPKUSDT | +0.0100% | 4h | 0.02162 | −0.043% | $1.2M | $1.5M | 50x | as long as short |
| BingX SPK-USDT | +0.0100% | 4h | 0.02162 | −0.043% | — | $2.3M | — | as long as short |
Gate SPK_USDT
BloFin SPK-USDT
Binance SPKUSDT
OKX SPK-USDT-SWAP
MEXC SPK_USDT
KuCoin SPKUSDTM
Bitget SPKUSDT
BingX SPK-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SPK | +0.0100% | 4h | 0.02163 | −0.014% | $175K | $76K | — | as long as short |
| SunX SPK-USDT | +0.0100% | 4h | 0.02206 | +1.991% | $931 | $1.2M | 20x | as long as short |
| Extended SPK-USD | +0.0104% | 1h | 0.02162 | −0.036% | $723 | $147K | 5x | as long as short |
| Kraken Futures PF_SPKUSD | +0.2757% | 1h | 0.02175 | +0.571% | $23K | $28K | 10x | as long as short |
Variational Omni SPK
SunX SPK-USDT
Extended SPK-USD
Kraken Futures PF_SPKUSD