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

STABLE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0394%/8h= +43.1% APRnext payment +$1.97 per $10,000 · paid last 24h +0.022%
Price spread now: Bybit against Aster+0.176%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 5 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 +$12 a day on $10k at the current rate, and Bybit is 0.176% 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 STABLEUSDT0.02470−0.0294get 0.0147% / 4h2h 42m$19K$7K20x
ShortBybit STABLEUSDT0.024740.0100get 0.0050% / 4h2h 42m$1.5M$819K25x

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
$82.7
Price spread: +0.176% → 0.000%
$17.61
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$81.31
Costs to cover
0.190%
Break-even
0.1 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 4 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, 4 min ago6.07 bp34.0 bp −$34222.1 bp −$2,221doesn'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.

STABLE on 15 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
Aster STABLEUSDTlong−0.0294%4h0.02470long leg$19K$7K20x
Lighter STABLE+0.0096%1h0.02489+0.783%$114K$3K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02471+0.047%$872K$235K3xas long as short
Binance STABLEUSDT+0.0100%4h0.02469−0.028%$2.4M$2.7M75xas long as short
Bybit STABLEUSDTshort+0.0100%4h0.02474+0.176%$1.5M$819K25x
OKX STABLE-USDT-SWAP+0.0100%4h0.02474+0.172%$204K$417K20xas long as short
Gate STABLE_USDT+0.0100%4h0.02472+0.091%$171K$87K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.02470+0.010%$659K$157K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02479+0.374%$175K$27K30xas long as short
Bitget STABLEUSDT+0.0100%4h0.02474+0.172%$291K$116K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STABLE-USDT+0.0100%4h0.02474+0.172%$6.5Mas long as short
Variational Omni STABLE+0.0100%4h0.02474+0.173%$145K$51Kas long as short
SunX STABLE-USDT+0.0100%4h0.02471+0.038%$1K$644K20xas long as short
Extended STABLE-USD+0.0104%1h0.02469−0.015%$12K$175K10xas long as short
BloFin STABLE-USDT+0.0127%4h0.02469−0.030%$115K$8K75xas long as short