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

NIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bybit+0.065%7-day average −0.095% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$3183.176% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.065%, 7d avg −0.095%
Together, before fees−0.197%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.160% dearer against Bybit than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NILUSDT0.068600.0100pay 0.0050% / 4h3h 57m$3.8M$13.9M20x
ShortAster NILUSDT0.068640.0100get 0.0050% / 4h3h 57m$22K$342K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$0
Price spread: +0.065% → −0.095%
$15.98
Slippage, 4 orders
−$298.58
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$301.59
Costs to cover
3.176%
Break-even
never at this rate
Slippage from Bybit: live order book, 11 min ago; Aster: live order book, 15 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 Bybit live order book, 11 min ago2.21 bp22.4 bp −$22126.7 bp −$1,267doesn't fitdoesn't fit
Sell Aster live order book, 15 min ago12.49 bp138.2 bp −$138doesn't fitdoesn't fitdoesn't fit

NIL on 12 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
BloFin NIL-USDT+0.0055%4h0.06864+0.058%$345K$142K50xas long as short
Aster NILUSDTshort+0.0100%4h0.06864+0.065%$22K$342K5x
Binance NILUSDT+0.0100%4h0.06858−0.034%$5.3M$78.4M50xas long as short
Bybit NILUSDTlong+0.0100%4h0.06860long leg$3.8M$13.9M20x
MEXC NIL_USDT+0.0100%4h0.06874+0.204%$2.4M$4.7M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.06873+0.190%$516K$686K30xas long as short
Bitget NILUSDT+0.0100%4h0.06851−0.131%$1.8M$8.5M50xas long as short
BingX NIL-USDT+0.0100%4h0.06865+0.073%$8.5Mas long as short
Extended NIL-USD+0.0104%1h0.06859−0.019%$17K$88K5xas long as short
Variational Omni NIL+0.0120%4h0.06875+0.212%$176K$266Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NIL_USDT+0.0182%4h0.06859−0.015%$438K$1.9M50xas long as short
Hyperliquid NIL+0.4491%1h0.06912+0.758%$4.3M$4.6M3xas long as short