Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.3% APRnext payment −$0.40 per $10,000 · paid last 24h −0.052%
Price spread now: Bybit against Aster+0.121%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.363%−$36 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Bybit is 0.121% dearer against Aster than usual: you sell high and buy low (spread +0.121% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.363% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TENCENTUSDT | 57.760 | 0.0040 | pay 0.0040% / 8h | 2h 37m | $46K | $12K | 20x |
| Short | Bybit TENCENTUSDT | 57.830 | 0 | get 0.0000% / 8h | 2h 37m | $251K | $264K | 25x |
Aster TENCENTUSDT
Bybit TENCENTUSDTFunding 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
- −$8.34
- Price spread: +0.121% → 0.000%
- $12.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$15.22
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 2 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, 2 min ago | 9.51 bp | 92.2 bp −$92 | 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.
TENCENT on 9 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 TENCENTUSDTshort | 0.0000% | 8h | 57.830 | +0.121% | $251K | $264K | 25x | |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.830 | +0.121% | $1.7M | $673K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.760 | 0.000% | $1.2M | $3.1M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.920 | +0.277% | $10K | $43K | 10x | as long as short |
| Aster TENCENTUSDTlong | +0.0040% | 8h | 57.760 | long leg | $46K | $12K | 20x | |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 57.740 | −0.035% | $122K | $688K | 20x | as long as short |
| Binance TENCENTUSDT | +0.0642% | 4h | 57.800 | +0.069% | $2.9M | $5.2M | 25x | as long as short |
| edgeX TENCENTUSDC | +0.1066% | 4h | 57.854 | +0.163% | $119K | $213K | 10x | as long as short |
| Lighter TENCENT | +0.1512% | 1h | 57.962 | +0.350% | $67K | $4K | 10x | as long as short |
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
KuCoin TENCENTUSDTM
Binance TENCENTUSDT
edgeX TENCENTUSDC
Lighter TENCENT