Funding you earn now, next payment 12:00 UTC−0.0163%/8h= −17.9% APRnext payment −$0.82 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against Aster−0.057%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 6 days (all we have)−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.057%, 7d avg −0.023%
=Together, before fees−0.133%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.035% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ETHFIUSDT | 0.6970 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $178K | $224K | 10x |
| Short | Bybit ETHFIUSDT | 0.6966 | −0.0063 | pay 0.0032% / 4h | 3h 58m | $17.1M | $12.9M | 25x |
Aster ETHFIUSDT
Bybit ETHFIUSDTFunding 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
- −$34.33
- Price spread: −0.057% → −0.023%
- −$3.47
- Slippage, 4 orders
- −$50.62
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$107.43
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from Aster: live order book, 38 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, 38 min ago | 4.33 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.72 bp | 18.7 bp −$19 | 48.9 bp −$489 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0325% | 1h | 0.6957 | −0.187% | $41K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0283% | 4h | 0.6965 | −0.072% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0254% | 4h | 0.6963 | −0.107% | $917K | $785K | — | as long as short |
| HTX ETHFI-USDT | −0.0229% | 4h | 0.6949 | −0.301% | $82K | $149K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0119% | 8h | 0.6967 | −0.043% | $6K | — | 5x | as long as short |
| Bybit ETHFIUSDTshort | −0.0063% | 4h | 0.6966 | −0.057% | $17.1M | $12.9M | 25x | |
| Binance ETHFIUSDT | 0.0000% | 4h | 0.6965 | −0.072% | $24.3M | $36.0M | 75x | as long as short |
| Extended ETHFI-USD | 0.0000% | 1h | 0.6964 | −0.088% | $95K | $505K | 10x | as long as short |
| MEXC ETHFI_USDT | 0.0000% | 4h | 0.6968 | −0.029% | $15.7M | $4.1M | 125x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.874% | $321 | $51K | 5.5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6965 | −0.072% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6975 | +0.076% | $1.1M | $823K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6977 | +0.100% | $16.7M | $8.7M | 5x | as long as short |
| Aster ETHFIUSDTlong | +0.0100% | 4h | 0.6970 | long leg | $178K | $224K | 10x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6972 | +0.029% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6969 | −0.014% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6967 | −0.043% | $1.2M | $215K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6965 | −0.072% | $6.1M | $4.7M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6967 | −0.043% | — | $10.8M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6978 | +0.115% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6967 | −0.043% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0239% | 4h | 0.6950 | −0.287% | $1.2M | $241K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0336% | 1h | 0.6990 | +0.287% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0867% | 1h | 0.6969 | −0.016% | $291K | $283K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD