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+0.1212%/8h= +132.7% APRpaid last 24h +0.303%
Price spread now: Aster against Bybit+0.108%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$307as in the Price arb table
costs, in and out, $10k−$3213.208% 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)−0.028%−$3 · spread now +0.108%, 7d avg −0.029%
Together, before fees+0.192%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Aster is 0.136% dearer against Bybit than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.029%.
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 20.5% 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
LongBybit STONKUSDT0.37110.0100pay 0.0050% / 4h2h 08m$1.7M$6.8M5x
ShortAster STONKUSDT0.37150.1312get 0.0164% / 1h8m 08s$509K$1.1M10x

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
$254.49
Price spread: +0.108% → −0.029%
$13.64
Slippage, 4 orders
−$301.82
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$52.7
Costs to cover
3.208%
Break-even
8.4 days
Slippage from Bybit: live order book, 5 min ago; Aster: 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 Bybit live order book, 5 min ago5.39 bp57.2 bp −$57266.0 bp −$2,660doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago12.09 bp109.8 bp −$110doesn't fitdoesn'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
Gate STONK_USDT−0.0058%4h0.3717+0.162%$917K$1.8M10xas long as short
Bybit STONKUSDTlong+0.0100%4h0.3711long leg$1.7M$6.8M5x
MEXC STONK_USDT+0.0100%4h0.3705−0.164%$870K$1.1M20xas long as short
Bitget STONKUSDT+0.0100%4h0.3707−0.108%$374K$2.5M10xas long as short
BingX STONK-USDT+0.0172%4h0.3705−0.162%$921Kas long as short
Aster STONKUSDTshort+0.1312%1h0.3715+0.108%$509K$1.1M10x
Phoenix STONK+0.1557%1h0.3706−0.137%$210K$249K3xas long as short
Lighter STONK+0.4064%1h0.3723+0.321%$444K$586K5xas long as short