TUT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0489%/8h= +53.5% APRnext payment +$2.44 per $10,000 · paid last 24h +0.075%

Price spread now: Bybit against Aster+0.166%7-day average +0.100% · you sell dearer than you buy

Net, funding: paid 7d − costs−$224as in the Funding arb table

Net, price: spread back to 7d avg − costs−$220as in the Price arb table

costs, in and out, $10k−$2262.265% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.166%, 7d avg +0.100%

Together, before fees−0.058%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bybit is 0.066% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.100%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.44 per $10,000. 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 TUTUSDT	0.02250	−0.0389	get 0.0194% / 4h	56m 08s	$238K	$47K	10x
Short	Bybit TUTUSDT	0.02254	0.0100	get 0.0050% / 4h	56m 08s	$1.5M	$1.2M	5x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BybitbpOrdersPrice spread, now +0.166%Rate

Funding earned: $102.63
Price spread: +0.166% → +0.100%: $6.63
Slippage, 4 orders: −$207.5
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$117.24
Costs to cover: 2.265%
Break-even: 15.0 days

Slippage from Aster: live order book, 65 min ago; Bybit: live order book, 5 min ago.

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 live order book, 65 min ago	8.85 bp	33.4 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	2.89 bp	66.2 bp −$66	doesn't fit	doesn't fit	doesn't fit

TUT on 10 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 TUTUSDTlong	−0.0389%	4h	0.02250	long leg	$238K	$47K	10x
Binance TUTUSDT	+0.0100%	4h	0.02252	+0.099%	$6.6M	$12.3M	10x	as long as short
Bybit TUTUSDTshort	+0.0100%	4h	0.02254	+0.166%	$1.5M	$1.2M	5x
Gate TUT_USDT	+0.0100%	4h	0.02250	+0.010%	$687K	$718K	10x	as long as short
MEXC TUT_USDT	+0.0100%	4h	0.02252	+0.095%	$2.1M	$566K	100x	as long as short
KuCoin TUTUSDTM	+0.0100%	4h	0.02250	+0.006%	$1.8M	$565K	10x	as long as short
Bitget TUTUSDT	+0.0100%	4h	0.02252	+0.095%	$6.2M	$1.5M	10x	as long as short
BingX TUT-USDT	+0.0100%	4h	0.02253	+0.139%	—	$2.3M	—	as long as short
HTX TUT-USDT	+0.0100%	4h	0.02243	−0.305%	$39K	$219K	10x	as long as short
Extended TUT-USD	+0.0104%	1h	0.02251	+0.072%	$404	—	5x	as long as short