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

STO

all STO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0301%/8h= −33.0% APRnext payment $1.51 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bybit−0.133%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 −$9 a day on $10k at the current rate, and Aster is 0.133% cheaper against Bybit than usual: you would sell low and buy high (−$13 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 STOUSDT0.042170.0401pay 0.0201% / 4h1h 17m$722K$268K13x
ShortAster STOUSDT0.042110.0100get 0.0050% / 4h1h 17m$26K$1K5x

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
−$63.28
Price spread: −0.133% → 0.000%
−$13.25
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$95.53
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 42 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, 42 min ago4.77 bp45.7 bp −$46238.5 bp −$2,385doesn'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.

STO on 9 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 STOUSDTshort+0.0100%4h0.04211−0.133%$26K$1K5x
Binance STOUSDT+0.0100%4h0.04210−0.171%$3.4M$1.4M20xas long as short
Gate STO_USDT+0.0100%4h0.04212−0.119%$254K$117K25xas long as short
MEXC STO_USDT+0.0100%4h0.04209−0.190%$791K$98K50xas long as short
Bitget STOUSDT+0.0100%4h0.04214−0.071%$324K$28K10xas long as short
Bybit STOUSDTlong+0.0401%4h0.04217long leg$722K$268K13x
BingX STO-USDT+0.0414%4h0.04214−0.071%$6.5Mas long as short
Variational Omni STO+0.0516%4h0.04222+0.112%$4K$213as long as short
KuCoin STOUSDTM+0.0984%4h0.04222+0.119%$1.0M$17K25xas long as short