Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Aster against Bybit−2.285%7-day average −2.841% · you buy dearer than you sell
Net, funding: paid 7d − costs−$533as in the Funding arb table
Net, price: spread back to 7d avg − costs−$488as in the Price arb table
costs, in and out, $10k−$5435.433% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.410%−$41 · spread now −2.285%, 7d avg −2.841%
=Together, before fees−0.305%+ Points / potential airdropAster: Stage 5 · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.556% dearer against Bybit than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of −2.841%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPENAIUSDT | 1,663.7 | 0 | get 0.0000% / 8h | 1h 18m | $755K | $205K | 25x |
| Short | Aster OPENAIUSDT | 1,625.6 | 0.0050 | get 0.0050% / 8h | 1h 18m | $212K | $3K | 20x |
Bybit OPENAIUSDT
Aster OPENAIUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.5
- Price spread: −2.285% → −2.841%
- $55.6
- Slippage, 4 orders
- −$524.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$477.2
- Costs to cover
- 5.433%
- Break-even
- 325.1 days
Slippage from Bybit: live order book, 21 min ago; Aster: live order book, 23 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 Bybit live order book, 21 min ago | 12.11 bp | 44.3 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 23 min ago | 39.60 bp | 74.5 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0002% | 1h | 1,622.4 | −2.481% | $1.2M | $618K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.9 | +2.961% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDTlong | 0.0000% | 8h | 1,663.7 | long leg | $755K | $205K | 25x | |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,652.4 | −0.677% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,618.8 | −2.700% | $44.7M | $18.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,624.7 | −2.342% | $5.5M | $4.7M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,616.4 | −2.841% | — | $2.4M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,615.2 | −2.913% | $79K | $234K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,622.1 | −2.499% | $1.6M | $510K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,679.6 | +0.955% | $2.7M | $6.1M | 5x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAIShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | +0.0040% | 1h | 1,624.3 | −2.365% | $226K | $162K | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0042% | 8h | 1,621.8 | −2.520% | $475K | $293K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,622.1 | −2.501% | $144K | $581K | 10x | as long as short |
| Aster OPENAIUSDTshort | +0.0050% | 8h | 1,625.6 | −2.285% | $212K | $3K | 20x | |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.4 | −2.483% | $22.9M | $17.4M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622.4 | −2.478% | $8.0M | $4.6M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,622.1 | −2.497% | $373K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,614.1 | −2.980% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,617.7 | −2.760% | $2K | $179K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622.1 | −2.498% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0149% | 1h | 1,670.1 | +0.386% | $7.7M | $2.3M | 6x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0278% | 1h | 1,621.9 | −2.514% | — | $3 | 5x | as long as short |
Coinbase International OPENAI-PERP-INTX
BloFin OPENAI-USDT
Extended OPENAI-USD
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI
Deribit OPENAI_USDC-PERPETUAL