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

ESPORTS

all ESPORTS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0052%/8h= −5.7% APRnext payment $0.26 per $10,000 · paid last 24h −0.065%
Price spread now: Bybit against Aster−0.226%7-day average +0.136% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1501.497% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.350%−$35 on $10k
Price spread, last 4 days (all we have)+0.539%+$54 · spread now −0.226%, 7d avg +0.136%
Together, before fees+0.189%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.363% cheaper against Aster than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.136%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ESPORTSUSDT0.010190.0152pay 0.0076% / 4h3h 35m$124K$91K5x
ShortBybit ESPORTSUSDT0.010170.0100get 0.0050% / 4h3h 35m$1.8M$1.2M10x

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

Funding earned
−$10.98
Price spread: −0.226% → +0.136%
−$36.28
Slippage, 4 orders
−$130.69
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$196.94
Costs to cover
1.497%
Break-even
never at this rate
Slippage from Aster: live order book, 61 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 61 min ago9.77 bp38.2 bp −$38479.4 bp −$4,794doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago4.91 bp39.1 bp −$39502.3 bp −$5,023doesn't fitdoesn't fit

ESPORTS on 8 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
Bybit ESPORTSUSDTshort+0.0100%4h0.01017−0.226%$1.8M$1.2M10x
Gate ESPORTS_USDT+0.0100%4h0.01018−0.138%$361K$564K10xas long as short
KuCoin ESPORTSUSDTM+0.0100%4h0.01019−0.040%$764K$37K10xas long as short
Variational Omni ESPORTS+0.0100%4h0.01018−0.106%$31K$1Kas long as short
Aster ESPORTSUSDTlong+0.0152%4h0.01019long leg$124K$91K5x
MEXC ESPORTS_USDT+0.0442%4h0.01017−0.236%$1.3M$193K20xas long as short
Binance ESPORTSUSDT+0.0450%4h0.01018−0.112%$5.7M$4.7M10xas long as short
BingX ESPORTS-USDT+0.0450%4h0.01017−0.236%$1.4Mas long as short