Funding you earn now, next payment 08:00 UTC−0.0969%/8h= −106.1% APRnext payment −$9.69 per $10,000 · paid last 24h −0.056%
Price spread now: Bybit against Aster+0.242%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2882.879% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 4 days (all we have)−0.272%−$27 · spread now +0.242%, 7d avg +0.149%
=Together, before fees−0.105%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.093% dearer against Aster than usual: you sell high and buy low (spread +0.242% now, against its 7-day average of +0.149%): +$9 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.167%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.167% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.69 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 GPROUSD1 | 1.3019 | 0.0969 | pay 0.0969% / 8h | 1h 39m | $7.7M | $16.8M | 20x |
| Short | Bybit GPROUSDT | 1.3050 | 0 | get 0.0000% / 8h | 1h 39m | $361K | $225K | 25x |
Aster GPROUSD1
Bybit GPROUSDTFunding 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
- −$203.53
- Price spread: +0.242% → +0.149%
- $9.26
- Slippage, 4 orders
- −$268.93
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$482.19
- Costs to cover
- 2.879%
- Break-even
- never at this rate
Slippage from Aster: live order book, 5 min ago; Bybit: live order book, 60 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, 5 min ago | 11.52 bp | 24.2 bp −$24 | 92.7 bp −$927 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 60 min ago | 7.27 bp | 119.8 bp −$120 | doesn't fit | doesn't fit | doesn't fit |
GPRO on 12 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 GPROUSDTshort | 0.0000% | 8h | 1.3050 | +0.242% | $361K | $225K | 25x | |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.626% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3004 | −0.112% | $54K | $130K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3020 | +0.011% | $463K | $2.6M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3010 | −0.066% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3020 | +0.011% | $8K | $208K | 20x | as long as short |
| Entropy io:GPRO | +0.0550% | 1h | 1.3012 | −0.050% | $483K | $30.6M | 5x | as long as short |
| Binance GPROUSDT | +0.0791% | 8h | 1.3017 | −0.015% | $875K | $1.7M | 20x | as long as short |
| OKX GPRO-USDT-SWAP | +0.0803% | 8h | 1.2950 | −0.526% | $546K | $693K | 10x | as long as short |
| Variational Omni GPRO | +0.0810% | 8h | 1.3013 | −0.045% | $37K | $33K | — | as long as short |
QFEX GPRO-USD
Gate GPRO_USDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Entropy io:GPRO
Binance GPROUSDT
OKX GPRO-USDT-SWAP
Variational Omni GPROShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTM | +0.0860% | 8h | 1.3020 | +0.011% | $64K | $1.2M | 20x | as long as short |
| Aster GPROUSD1long | +0.0969% | 8h | 1.3019 | long leg | $7.7M | $16.8M | 20x |
KuCoin GPROUSDTM