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

USD1

all USD1 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h +0.050%
Price spread now: Aster against Bybit+0.078%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.078% dearer against Bybit than usual: you sell high and buy low (spread +0.078% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit USD1USDT0.99910.0042pay 0.0021% / 4h31m 16s$577K$19K50x
ShortAster USD1USDT0.9999−0.0033pay 0.0033% / 8h4h 31m$22K$5K20x

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
−$15.76
Price spread: +0.078% → 0.000%
$7.76
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$27
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 19 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, 19 min ago0.50 bp7.3 bp −$718.5 bp −$185doesn'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.

USD1 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
Aster USD1USDTshort−0.0033%8h0.9999+0.078%$22K$5K20x
Gate USD1_USDT+0.0022%4h0.9994+0.030%$105K$3K50xas long as short
Bybit USD1USDTlong+0.0042%4h0.9991long leg$577K$19K50x