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−0.0032%/8h= −3.5% APRnext payment $0.16 per $10,000 · paid last 24h −0.022%
Price spread now: Aster against Bybit−0.139%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.139% cheaper against Bybit than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit STABLEUSDT0.024960.0100pay 0.0050% / 4h36m 58s$1.5M$755K25x
ShortAster STABLEUSDT0.024930.0068get 0.0034% / 4h36m 58s$19K$6K20x

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
−$6.69
Price spread: −0.139% → 0.000%
−$13.92
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$39.61
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; Aster: no order-book sample. 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 Bybit live order book, 4 min ago4.02 bp43.3 bp −$43417.1 bp −$4,171doesn't fitdoesn't fit
Sell Aster no order-book sample
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
BloFin STABLE-USDT+0.0049%4h0.02495−0.048%$113K$7K75xas long as short
Aster STABLEUSDTshort+0.0068%4h0.02493−0.139%$19K$6K20x
Lighter STABLE+0.0096%1h0.02505+0.369%$115K$3K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02494−0.084%$880K$227K3xas long as short
Binance STABLEUSDT+0.0100%4h0.02493−0.118%$2.4M$2.7M75xas long as short
Bybit STABLEUSDTlong+0.0100%4h0.02496long leg$1.5M$755K25x
OKX STABLE-USDT-SWAP+0.0100%4h0.02495−0.048%$205K$409K20xas long as short
Gate STABLE_USDT+0.0100%4h0.02493−0.128%$172K$88K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.02492−0.168%$665K$155K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02499+0.112%$180K$28K30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget STABLEUSDT+0.0100%4h0.02493−0.128%$294K$115K25xas long as short
BingX STABLE-USDT+0.0100%4h0.02493−0.128%$6.5Mas long as short
Variational Omni STABLE+0.0100%4h0.02490−0.261%$146K$50Kas long as short
SunX STABLE-USDT+0.0100%4h0.02490−0.252%$2K$668K20xas long as short
Extended STABLE-USD+0.0104%1h0.02493−0.137%$12K$175K10xas long as short