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
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STABLEUSDT | 0.02496 | 0.0100 | pay 0.0050% / 4h | 36m 58s | $1.5M | $755K | 25x |
| Short | Aster STABLEUSDT | 0.02493 | 0.0068 | get 0.0034% / 4h | 36m 58s | $19K | $6K | 20x |
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
- −$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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 4.02 bp | 43.3 bp −$43 | 417.1 bp −$4,171 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin STABLE-USDT | +0.0049% | 4h | 0.02495 | −0.048% | $113K | $7K | 75x | as long as short |
| Aster STABLEUSDTshort | +0.0068% | 4h | 0.02493 | −0.139% | $19K | $6K | 20x | |
| Lighter STABLE | +0.0096% | 1h | 0.02505 | +0.369% | $115K | $3K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02494 | −0.084% | $880K | $227K | 3x | as long as short |
| Binance STABLEUSDT | +0.0100% | 4h | 0.02493 | −0.118% | $2.4M | $2.7M | 75x | as long as short |
| Bybit STABLEUSDTlong | +0.0100% | 4h | 0.02496 | long leg | $1.5M | $755K | 25x | |
| OKX STABLE-USDT-SWAP | +0.0100% | 4h | 0.02495 | −0.048% | $205K | $409K | 20x | as long as short |
| Gate STABLE_USDT | +0.0100% | 4h | 0.02493 | −0.128% | $172K | $88K | 50x | as long as short |
| MEXC STABLE_USDT | +0.0100% | 4h | 0.02492 | −0.168% | $665K | $155K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02499 | +0.112% | $180K | $28K | 30x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget STABLEUSDT | +0.0100% | 4h | 0.02493 | −0.128% | $294K | $115K | 25x | as long as short |
| BingX STABLE-USDT | +0.0100% | 4h | 0.02493 | −0.128% | — | $6.5M | — | as long as short |
| Variational Omni STABLE | +0.0100% | 4h | 0.02490 | −0.261% | $146K | $50K | — | as long as short |
| SunX STABLE-USDT | +0.0100% | 4h | 0.02490 | −0.252% | $2K | $668K | 20x | as long as short |
| Extended STABLE-USD | +0.0104% | 1h | 0.02493 | −0.137% | $12K | $175K | 10x | as long as short |
Bybit STABLEUSDT
Aster STABLEUSDT
BloFin STABLE-USDT
Lighter STABLE
Hyperliquid STABLE
Binance STABLEUSDT
OKX STABLE-USDT-SWAP
Gate STABLE_USDT
MEXC STABLE_USDT
KuCoin STABLEUSDTM
Bitget STABLEUSDT
BingX STABLE-USDT
Variational Omni STABLE
SunX STABLE-USDT
Extended STABLE-USD