Funding you earn now, next payment 04:00 UTC+0.0984%/8h= +107.8% APRnext payment +$4.92 per $10,000 · paid last 24h +0.227%
Price spread now: Bybit against Aster−0.096%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
=Funding pays, the price is against you. Bybit is 0.096% cheaper against Aster than usual: you would sell low and buy high (spread −0.096% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 8 hours of funding at the current rate (+$30 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster THEUSDT | 0.08246 | 0.0447 | pay 0.0224% / 4h | 2h 11m | $5K | $9K | 5x |
| Short | Bybit THEUSDT | 0.08238 | 0.1432 | get 0.0716% / 4h | 2h 11m | $564K | $415K | 20x |
Aster THEUSDT
Bybit THEUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $206.75
- Price spread: −0.096% → 0.000%
- −$9.64
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $178.11
- Costs to cover
- 0.190%
- Break-even
- 1.0 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 48 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 48 min ago | 5.65 bp | 172.7 bp −$173 | doesn't fit | doesn't fit | doesn't fit |
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.
THE on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget THEUSDT | +0.0100% | 4h | 0.08244 | −0.024% | $414K | $358K | 10x | as long as short |
| Gate THE_USDT | +0.0168% | 4h | 0.08250 | +0.049% | $67K | $76K | 10x | as long as short |
| Aster THEUSDTlong | +0.0447% | 4h | 0.08246 | long leg | $5K | $9K | 5x | |
| KuCoin THEUSDTM | +0.0466% | 4h | 0.08233 | −0.157% | $123K | $103K | 10x | as long as short |
| MEXC THE_USDT | +0.0488% | 4h | 0.08251 | +0.061% | $186K | $141K | 50x | as long as short |
| Binance THEUSDT | +0.0489% | 4h | 0.08246 | +0.001% | $2.2M | $4.5M | 10x | as long as short |
| BingX THE-USDT | +0.1428% | 4h | 0.08247 | +0.013% | — | $6.5M | — | as long as short |
| Bybit THEUSDTshort | +0.1432% | 4h | 0.08238 | −0.096% | $564K | $415K | 20x |
Bitget THEUSDT
Gate THE_USDT
KuCoin THEUSDTM
MEXC THE_USDT
Binance THEUSDT
BingX THE-USDT