Funding you earn now, next payment 00:00 UTC−0.0825%/8h= −90.4% APRnext payment −$4.13 per $10,000 · paid last 24h −0.359%
Price spread now: Bybit against Aster+0.239%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Bybit is 0.239% dearer against Aster than usual: you sell high and buy low (spread +0.239% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster 1000RATSUSDT | 0.00004180 | 0.1135 | pay 0.0568% / 4h | 49m 15s | $20K | $15K | 5x |
| Short | Bybit 1000RATSUSDT | 0.00004190 | 0.0310 | get 0.0155% / 4h | 49m 15s | $4.2M | $877K | 20x |
Aster 1000RATSUSDT
Bybit 1000RATSUSDTFunding 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
- −$173.3
- Price spread: +0.239% → 0.000%
- $23.92
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$168.38
- Costs to cover
- 0.190%
- Break-even
- from the start
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 | 8.35 bp | 41.3 bp −$41 | 363.1 bp −$3,631 | 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.
RATS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004173 | −0.167% | $2.4M | $414K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004188 | +0.191% | $1.5M | $333K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0122% | 4h | 0.00004181 | +0.024% | $624K | $82K | 30x | as long as short |
| Bybit 1000RATSUSDTshort | +0.0310% | 4h | 0.00004190 | +0.239% | $4.2M | $877K | 20x | |
| BingX RATS-USDT | +0.0612% | 4h | 0.00004192 | +0.287% | — | $1.2M | — | as long as short |
| BloFin 1000RATS-USDT | +0.0613% | 4h | 0.00004193 | +0.311% | $1.0M | $11K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0658% | 4h | 0.00004192 | +0.287% | $819K | $179K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0662% | 4h | 0.00004194 | +0.343% | $11.0M | $2.0M | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0669% | 4h | 0.00004192 | +0.293% | $33K | $293K | 10x | as long as short |
| Aster 1000RATSUSDTlong | +0.1135% | 4h | 0.00004180 | long leg | $20K | $15K | 5x |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC