Funding you earn now, next payment 09:00 UTC+0.0588%/8h= +64.3% APRpaid last 24h +0.162%
Price spread now: Bybit against Aster+0.340%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.275%+$28 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Bybit is 0.340% dearer against Aster than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.275% in total (about 14.3% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TMXUSDT | 0.02087 | 0.2024 | pay 0.0253% / 1h | 14m 13s | $47K | $50K | 5x |
| Short | Bybit TMXUSDT | 0.02094 | 0.2612 | get 0.1306% / 4h | 3h 14m | $904K | $819K | 20x |
Aster TMXUSDT
Bybit TMXUSDTFunding 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
- $123.38
- Price spread: +0.340% → 0.000%
- $34.03
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $138.41
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 16 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, 16 min ago | 4.78 bp | 123.1 bp −$123 | 810.6 bp −$8,106 | 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.
TMX on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TMXUSDTlong | +0.2024% | 1h | 0.02087 | long leg | $47K | $50K | 5x | |
| MEXC TMX_USDT | +0.2356% | 4h | 0.02096 | +0.436% | $291K | $401K | 20x | as long as short |
| Bybit TMXUSDTshort | +0.2612% | 4h | 0.02094 | +0.340% | $904K | $819K | 20x |
MEXC TMX_USDT