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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0363%/8h= −39.7% APRnext payment $1.81 per $10,000 · paid last 24h −0.156%
Price spread now: Bybit against Aster+0.126%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Bybit is 0.126% dearer against Aster than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 28 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016400.0463pay 0.0231% / 4h2h 19m$12K$54K5x
ShortBybit USUSDT0.016420.0100get 0.0050% / 4h2h 19m$3.2M$933K20x

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
−$76.14
Price spread: +0.126% → 0.000%
$12.6
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$82.53
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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Bybit live order book, 3 min ago9.12 bp118.4 bp −$118doesn't fitdoesn't fitdoesn'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.

US on 11 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
Bybit USUSDTshort+0.0100%4h0.01642+0.126%$3.2M$933K20x
Gate US_USDT+0.0100%4h0.01640−0.008%$2.1M$602K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01628−0.758%$4.0M$386K20xas long as short
Variational Omni US+0.0100%4h0.01645+0.322%$16K$3Kas long as short
Bitget USUSDT+0.0346%4h0.01644+0.236%$4.3M$263K10xas long as short
Aster USUSDTlong+0.0463%4h0.01640long leg$12K$54K5x
BloFin US-USDT+0.0553%4h0.01641+0.041%$478K$49K10xas long as short
BingX US-USDT+0.0560%4h0.01642+0.126%$1.3Mas long as short
MEXC US_USDT+0.0598%4h0.01641+0.089%$5.5M$115K100xas long as short
Extended US-USD+0.0600%1h0.01641+0.070%$1K$169K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance USUSDT+0.0604%4h0.01641+0.047%$9.1M$3.2M10xas long as short