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

ARX

all ARX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0386%/8h= −42.3% APRnext payment $1.93 per $10,000 · paid last 24h +0.110%
Price spread now: Aster against Bybit−0.219%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$461as in the Price arb table
costs, in and out, $10k−$4414.405% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.568%+$57 on $10k
Price spread, last 4 days (all we have)+0.375%+$38 · spread now −0.219%, 7d avg −0.010%
Together, before fees+0.944%+ Points / potential airdropAster: Stage 5 · farm board+$94 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aster is 0.208% cheaper against Bybit than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.010%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.568%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ARXUSDT0.20040.0698pay 0.0349% / 4h51m 50s$4.0M$2.3M20x
ShortAster ARXUSDT0.20000.0312get 0.0156% / 4h51m 50s$86K$91K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$81.09
Price spread: −0.219% → −0.010%
−$20.82
Slippage, 4 orders
−$421.52
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$542.44
Costs to cover
4.405%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 24 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 Bybit live order book, 1 min ago2.50 bp150.5 bp −$1511937.0 bp −$19.4K71499.0 bp −$7.15Mdoesn't fit
Sell Aster live order book, 24 min ago14.85 bp86.1 bp −$86doesn't fitdoesn't fitdoesn't fit

ARX on 10 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
OKX ARX-USDT-SWAP+0.0100%4h0.2007+0.150%$726K$2.9M20xas long as short
Gate ARX_USDT+0.0100%4h0.2006+0.100%$1.0M$408K20xas long as short
KuCoin ARXUSDTM+0.0100%4h0.1998−0.309%$691K$701K20xas long as short
MEXC ARX_USDT+0.0142%4h0.2001−0.150%$856K$402K20xas long as short
Binance ARXUSDT+0.0143%4h0.2002−0.123%$5.4M$11.1M20xas long as short
BloFin ARX-USDT+0.0150%4h0.2008+0.200%$191K$51K20xas long as short
Bitget ARXUSDT+0.0188%4h0.2003−0.035%$1.9M$1.7M20xas long as short
Aster ARXUSDTshort+0.0312%4h0.2000−0.219%$86K$91K10x
BingX ARX-USDT+0.0630%4h0.20040.000%$1.7Mas long as short
Bybit ARXUSDTlong+0.0698%4h0.2004long leg$4.0M$2.3M20x