Funding you earn now, next payment 04:00 UTC−0.0122%/8h= −13.4% APRnext payment −$0.61 per $10,000 · paid last 24h +0.043%
Price spread now: Bybit against Aster+0.048%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Bybit is 0.048% dearer against Aster than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TOWNSUSDT | 0.002072 | 0.0222 | pay 0.0111% / 4h | 2h 32m | $10K | $6K | 5x |
| Short | Bybit TOWNSUSDT | 0.002073 | 0.0100 | get 0.0050% / 4h | 2h 32m | $373K | $115K | 5x |
Aster TOWNSUSDT
Bybit TOWNSUSDTFunding 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
- −$25.65
- Price spread: +0.048% → 0.000%
- $4.83
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$39.82
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 27 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, 27 min ago | 4.85 bp | 1079.2 bp −$1,079 | 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.
TOWNS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TOWNSUSDTshort | +0.0100% | 4h | 0.002073 | +0.048% | $373K | $115K | 5x | |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002065 | −0.338% | $70K | $19K | 10x | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002066 | −0.281% | $193 | $555 | — | as long as short |
| Aster TOWNSUSDTlong | +0.0222% | 4h | 0.002072 | long leg | $10K | $6K | 5x | |
| MEXC TOWNS_USDT | +0.0350% | 4h | 0.002070 | −0.097% | $397K | $125K | 100x | as long as short |
| Binance TOWNSUSDT | +0.0366% | 4h | 0.002071 | −0.024% | $2.0M | $1.3M | 10x | as long as short |
| Coinbase International TOWNS-PERP-INTX | +0.0392% | 1h | 0.002171 | +4.778% | $81K | $4K | 25x | as long as short |
| BingX TOWNS-USDT | +0.0651% | 4h | 0.002068 | −0.193% | — | $2.3M | — | as long as short |
| Bitget TOWNSUSDT | +0.0696% | 4h | 0.002069 | −0.145% | $339K | $48K | 5x | as long as short |
| KuCoin TOWNSUSDTM | +0.0910% | 4h | 0.002067 | −0.241% | $247K | $30K | 10x | as long as short |
Gate TOWNS_USDT
Variational Omni TOWNS
MEXC TOWNS_USDT
Binance TOWNSUSDT
Coinbase International TOWNS-PERP-INTX
BingX TOWNS-USDT
Bitget TOWNSUSDT
KuCoin TOWNSUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TOWNS_USDC-PERPETUAL | +0.4106% | 1h | 0.002075 | +0.145% | — | — | 25x | as long as short |
Deribit TOWNS_USDC-PERPETUAL