Funding you earn now, next payment 00:00 UTC+0.0305%/8h= +33.4% APRnext payment +$1.53 per $10,000 · paid last 24h +0.066%
Price spread now: Bybit against Aster−0.113%7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2252.251% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.135%+$13 · spread now −0.113%, 7d avg +0.099%
=Together, before fees+0.167%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.213% cheaper against Aster than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of +0.099%). If the spread goes back, that is −$21 on $10k: about 2.3 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.033% in total) that is about 46 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TUTUSDT | 0.02281 | −0.0204 | get 0.0102% / 4h | 1h 32m | $242K | $46K | 10x |
| Short | Bybit TUTUSDT | 0.02279 | 0.0101 | get 0.0051% / 4h | 1h 32m | $1.5M | $1.2M | 5x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $64.15
- Price spread: −0.113% → +0.099%
- −$21.25
- Slippage, 4 orders
- −$206.08
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$182.19
- Costs to cover
- 2.251%
- Break-even
- 26.9 days
Slippage from Aster: live order book, 49 min ago; Bybit: live order book, 4 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, 49 min ago | 6.57 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.94 bp | 78.7 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
TUT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TUTUSDTlong | −0.0204% | 4h | 0.02281 | long leg | $242K | $46K | 10x | |
| Binance TUTUSDT | +0.0100% | 4h | 0.02276 | −0.223% | $6.7M | $12.8M | 10x | as long as short |
| Gate TUT_USDT | +0.0100% | 4h | 0.02280 | −0.065% | $676K | $806K | 10x | as long as short |
| MEXC TUT_USDT | +0.0100% | 4h | 0.02276 | −0.240% | $2.3M | $603K | 100x | as long as short |
| KuCoin TUTUSDTM | +0.0100% | 4h | 0.02281 | −0.021% | $1.8M | $623K | 10x | as long as short |
| Bitget TUTUSDT | +0.0100% | 4h | 0.02274 | −0.328% | $6.3M | $1.5M | 10x | as long as short |
| HTX TUT-USDT | +0.0100% | 4h | 0.02268 | −0.591% | $40K | $233K | 10x | as long as short |
| Bybit TUTUSDTshort | +0.0101% | 4h | 0.02279 | −0.113% | $1.5M | $1.2M | 5x | |
| BingX TUT-USDT | +0.0102% | 4h | 0.02278 | −0.153% | — | $2.3M | — | as long as short |
| Extended TUT-USD | +0.0104% | 1h | 0.02276 | −0.243% | $410 | — | 5x | as long as short |
Aster TUTUSDT
Bybit TUTUSDT
Binance TUTUSDT
Gate TUT_USDT
MEXC TUT_USDT
KuCoin TUTUSDTM
Bitget TUTUSDT
HTX TUT-USDT
BingX TUT-USDT
Extended TUT-USD