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

TMX

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.2061%/8h= +225.7% APRpaid last 24h −0.045%
Price spread now: Aster against Bybit−0.172%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 7 days−0.217%−$22 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.172% cheaper against Bybit than usual: you would sell low and buy high (spread −0.172% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 7 hours of funding at the current rate (+$62 a day). Mind the row above: over the last 7 days funding on this pair cost −0.217%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.217% in total (about -11.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TMXUSDT0.021340.0100pay 0.0050% / 4h3h 59m$912K$834K20x
ShortAster TMXUSDT0.021300.2161get 0.0270% / 1h59m 00s$48K$54K5x

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
$432.9
Price spread: −0.172% → 0.000%
−$17.18
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
$396.72
Costs to cover
0.190%
Break-even
0.6 days
Slippage unknown: Bybit: live order book, 36 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, 36 min ago9.41 bp134.3 bp −$134doesn't fitdoesn'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.

TMX on 3 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
Bybit TMXUSDTlong+0.0100%4h0.02134long leg$912K$834K20x
Aster TMXUSDTshort+0.2161%1h0.02130−0.172%$48K$54K5x
MEXC TMX_USDT+0.2762%4h0.02136+0.094%$302K$395K20xas long as short