Funding you earn now, next payment 08:00 UTC−0.0186%/8h= −20.3% APRnext payment −$1.86 per $10,000 · paid last 24h −0.030%
Price spread now: Aster against Bybit+0.502%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.502% dearer against Bybit than usual: you sell high and buy low (spread +0.502% now, against zero (this spread has no 7-day history yet)): +$50 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9.0 days. At the pace of the last 7 days (−0.030% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.030% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.86 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 | Bybit UBERUSDT | 71.220 | 0.0186 | pay 0.0186% / 8h | 2h 28m | $377K | $92K | 25x |
| Short | Aster UBERUSDT | 71.578 | 0 | get 0.0000% / 8h | 2h 28m | $93K | $11K | 20x |
Funding 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
- −$38.98
- Price spread: +0.502% → 0.000%
- $50.23
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$7.75
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 11 min ago; Aster: no order-book sample. 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 Bybit live order book, 11 min ago | 9.12 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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.
UBER on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UBER/USDC PERP | −0.0220% | 1h | 70.460 | −1.067% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDTshort | 0.0000% | 8h | 71.578 | +0.502% | $93K | $11K | 20x | |
| Gate UBER_USDT | 0.0000% | 8h | 71.150 | −0.098% | $370K | $253K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.170 | −0.070% | $437K | $102K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.080 | −0.197% | $1K | $2.0M | 10x | as long as short |
| QFEX UBER-USD | +0.0080% | 1h | 71.130 | −0.126% | $1.1M | $1.0M | 10x | as long as short |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.210 | −0.014% | $168K | $521K | 20x | as long as short |
| Variational Omni UBER | +0.0142% | 8h | 71.200 | −0.028% | $442K | $23K | — | as long as short |
| Bybit UBERUSDTlong | +0.0186% | 8h | 71.220 | long leg | $377K | $92K | 25x | |
| Binance UBERUSDT | +0.0257% | 8h | 71.160 | −0.084% | $2.4M | $657K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0452% | 8h | 71.195 | −0.035% | $397 | $205K | 10x | as long as short |
| HTX UBER-USDT | +0.1755% | 8h | 71.740 | +0.730% | $48K | $35K | 20x | as long as short |
Bybit UBERUSDT
Aster UBERUSDT
Injective UBER/USDC PERP
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
KuCoin UBERUSDTM
Variational Omni UBER
Binance UBERUSDT
GRVT UBER_USDT_Perp
HTX UBER-USDT