Funding you earn now, next payment 12:00 UTC−0.0064%/8h= −7.1% APRpaid last 24h −0.011%
Price spread now: Bybit against Aster−0.029%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.029% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster GMTUSDT | 0.008585 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $7K | $22K | 10x |
| Short | Bybit GMTUSDT | 0.008583 | 0.0036 | get 0.0036% / 8h | 7h 13m | $1.1M | $2.1M | 50x |
Aster GMTUSDT
Bybit GMTUSDTFunding 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
- −$13.54
- Price spread: −0.029% → 0.000%
- −$2.88
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$35.42
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 3 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, 3 min ago | 3.49 bp | 30.4 bp −$30 | 188.7 bp −$1,887 | 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.
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1396% | 1h | 0.008591 | +0.059% | $43K | $13K | 20x | as long as short |
| Variational Omni GMT | −0.0133% | 8h | 0.008587 | +0.015% | $4K | $6K | — | as long as short |
| KuCoin GMTUSDTM | −0.0032% | 4h | 0.008570 | −0.180% | $243K | $205K | 50x | as long as short |
| Bybit GMTUSDTshort | +0.0036% | 8h | 0.008583 | −0.029% | $1.1M | $2.1M | 50x | |
| Hyperliquid GMT | +0.0100% | 1h | 0.008577 | −0.099% | $120K | $153K | 3x | as long as short |
| Aster GMTUSDTlong | +0.0100% | 4h | 0.008585 | long leg | $7K | $22K | 10x | |
| Binance GMTUSDT | +0.0100% | 4h | 0.008582 | −0.046% | $2.9M | $5.4M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008574 | −0.134% | $390K | $1.2M | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008580 | −0.064% | $140K | $178K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008588 | +0.029% | $435K | $220K | 20x | as long as short |
Kraken Futures PF_GMTUSD
Variational Omni GMT
KuCoin GMTUSDTM
Hyperliquid GMT
Binance GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008593 | +0.088% | $736K | $694K | 50x | as long as short |
| BingX GMT-USDT | +0.0100% | 4h | 0.008586 | +0.006% | — | $1.3M | — | as long as short |
Bitget GMTUSDT
BingX GMT-USDT