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

S

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.118%
Price spread now: Bybit against Aster−0.051%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1791.793% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.288%+$29 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.051%, 7d avg −0.138%
Together, before fees+0.254%+ Points / potential airdropAster: Stage 5 · farm board+$25 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: Bybit is 0.087% dearer against Aster than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.138%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SUSDT0.039600.0100pay 0.0050% / 4h3h 57m$44K$132K10x
ShortBybit SUSDT0.039580.0100get 0.0050% / 4h3h 57m$5.7M$4.6M50x

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
$0
Price spread: −0.051% → −0.138%
$8.75
Slippage, 4 orders
−$160.33
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$170.58
Costs to cover
1.793%
Break-even
never at this rate
Slippage from Aster: live order book, 59 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, 59 min ago14.65 bp77.6 bp −$78doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago3.80 bp33.8 bp −$3487.5 bp −$875doesn't fitdoesn't fit

S on 25 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
Kraken Futures PF_SUSD−0.2252%1h0.03956−0.092%$33K$13K10xas long as short
Coinbase International S-PERP-INTX−0.1344%1h0.03928−0.808%$47K$16K25xas long as short
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.03962+0.048%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03959−0.029%$415xas long as short
Variational Omni S−0.0043%4h0.03942−0.447%$612K$30Kas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03961+0.022%$610150xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+3.535%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0073%4h0.03961+0.025%$98K$271K10xas long as short
Lighter S+0.0096%1h0.03966+0.152%$166K$155K5xas long as short
Hyperliquid S+0.0100%1h0.03963+0.066%$990K$584K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SUSDTlong+0.0100%4h0.03960long leg$44K$132K10x
Binance SUSDT+0.0100%4h0.03964+0.103%$5.5M$13.9M75xas long as short
Bybit SUSDTshort+0.0100%4h0.03958−0.051%$5.7M$4.6M50x
OKX S-USDT-SWAP+0.0100%4h0.03961+0.025%$999K$3.8M20xas long as short
Gate S_USDT+0.0100%4h0.03956−0.101%$323K$188K50xas long as short
MEXC S_USDT+0.0100%4h0.03964+0.101%$3.7M$1.7M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03961+0.025%$1.8M$2.7M50xas long as short
Bitget SUSDT+0.0100%4h0.03965+0.126%$1.2M$2.2M50xas long as short
BingX S-USDT+0.0100%4h0.03961+0.025%$6.8Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03940−0.505%$24K$461K50xas long as short
Extended S-USD+0.0104%1h0.03960+0.004%$222K$1.1M10xas long as short
BloFin S-USDT+0.0340%4h0.03949−0.278%$269K$99K75xas long as short
01 Exchange SUSD+0.0592%1h0.039600.000%$25K$2K5xas long as short
Deribit S_USDC-PERPETUAL+0.1012%1h0.03968+0.202%$67K$10K10xas long as short
Backpack S_USDC_PERP+0.2167%1h0.03970+0.253%$115K$424K5xas long as short