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

STONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.2333%/8h= −255.5% APRpaid last 24h −0.303%
Price spread now: Bybit against Aster−0.386%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$390as in the Price arb table
costs, in and out, $10k−$3493.489% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.220%−$22 on $10k
Price spread, last 4 days (all we have)+0.306%+$31 · spread now −0.386%, 7d avg +0.029%
Together, before fees+0.087%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$70 a day on $10k at the current rate, and Bybit is 0.415% cheaper against Aster than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.220% in total (about -20.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster STONKUSDT0.36240.3059pay 0.0382% / 1h33m 02s$497K$1.1M10x
ShortBybit STONKUSDT0.36100.0726get 0.0363% / 4h2h 33m$1.6M$6.9M5x

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
−$489.93
Price spread: −0.386% → +0.029%
−$41.49
Slippage, 4 orders
−$329.88
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$880.3
Costs to cover
3.489%
Break-even
never at this rate
Slippage from Aster: live order book, 5 min ago; Bybit: live order book, 5 min ago.

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 live order book, 5 min ago12.45 bp106.2 bp −$1061866.2 bp −$18.7Kdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago6.93 bp61.1 bp −$61257.8 bp −$2,578doesn't fitdoesn't fit

STONK on 8 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
MEXC STONK_USDT−0.1916%4h0.3613−0.295%$847K$1.1M20xas long as short
Gate STONK_USDT+0.0060%4h0.3654+0.833%$892K$1.8M10xas long as short
Bitget STONKUSDT+0.0100%4h0.3611−0.350%$365K$2.6M10xas long as short
Bybit STONKUSDTshort+0.0726%4h0.3610−0.386%$1.6M$6.9M5x
BingX STONK-USDT+0.0948%4h0.3623−0.028%$931Kas long as short
Phoenix STONK+0.1557%1h0.3626+0.066%$204K$249K3xas long as short
Aster STONKUSDTlong+0.3059%1h0.3624long leg$497K$1.1M10x
Lighter STONK+0.3728%1h0.3634+0.276%$433K$585K5xas long as short