Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Bybit against BloFin−0.068%62s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days−0.478%−$48 on $10k
+Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.068%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.055% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ASTER-USDT | 0.7395 | 0.0340 | pay 0.0170% / 4h | 1h 32m | $3.4M | $1.9M | 75x |
| Short | Bybit ASTERUSDT | 0.7390 | 0.0100 | get 0.0050% / 4h | 1h 32m | $49.4M | $21.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$50.4
- Price spread: −0.068% → −0.013%
- −$5.47
- Slippage, 4 orders
- −$18.75
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$97.62
- Costs to cover
- 0.418%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Bybit: live order book, 2 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 BloFin live order book, 6 min ago | 1.35 bp | 10.2 bp −$10 | 16.5 bp −$165 | 37.6 bp −$3,762 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.68 bp | 11.1 bp −$11 | 47.9 bp −$479 | 179.8 bp −$18.0K | doesn't fit |
ASTER on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ASTER-PERP-INTX | −0.0136% | 1h | 0.7393 | −0.024% | $260K | $842K | 50x | as long as short |
| Aster ASTERUSDT | 0.0000% | 4h | 0.7393 | −0.027% | $56.5M | $99.8M | 200x | as long as short |
| Deribit ASTER_USDC-PERPETUAL | 0.0000% | 1h | 0.7394 | −0.019% | $11K | $87K | 25x | as long as short |
| gTrade (Gains Network) ASTER/USD | L +0.0006% / S −0.0007% | 1h | 0.7393 | −0.022% | $30K | — | 150x | as long as short |
| Injective ASTER/USDC PERP | +0.0023% | 1h | 0.7410 | +0.203% | $9 | $96K | 5.5x | as long as short |
| dYdX ASTER-USD | +0.0096% | 1h | 0.7394 | −0.013% | $13K | $61 | 5x | as long as short |
| Lighter ASTER | +0.0096% | 1h | 0.7397 | +0.023% | $912K | $859K | 5x | as long as short |
| Nado ASTER-PERP | +0.0100% | 1h | 0.7395 | −0.001% | $370K | $274K | 5x | as long as short |
| Pacifica ASTER | +0.0100% | 1h | 0.7395 | −0.005% | $253K | $107K | 10x | as long as short |
| Binance ASTERUSDT | +0.0100% | 4h | 0.7393 | −0.023% | $90.6M | $106.8M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ASTERUSDTshort | +0.0100% | 4h | 0.7390 | −0.068% | $49.4M | $21.8M | 75x | |
| OKX ASTER-USDT-SWAP | +0.0100% | 4h | 0.7391 | −0.054% | $11.9M | $18.5M | 50x | as long as short |
| Gate ASTER_USDT | +0.0100% | 4h | 0.7392 | −0.041% | $6.3M | $5.0M | 75x | as long as short |
| MEXC ASTER_USDT | +0.0100% | 4h | 0.7392 | −0.041% | $34.2M | $16.3M | 100x | as long as short |
| KuCoin ASTERUSDTM | +0.0100% | 4h | 0.7391 | −0.057% | $11.0M | $3.1M | 75x | as long as short |
| Bitget ASTERUSDT | +0.0100% | 4h | 0.7390 | −0.068% | $18.1M | $6.4M | 50x | as long as short |
| BingX ASTER-USDT | +0.0100% | 4h | 0.7388 | −0.095% | — | $9.6M | — | as long as short |
| Backpack ASTER_USDC_PERP | +0.0100% | 1h | 0.7392 | −0.043% | $262K | $325K | 10x | as long as short |
| Variational Omni ASTER | +0.0100% | 4h | 0.7397 | +0.022% | $2.1M | $366K | — | as long as short |
| GRVT ASTER_USDT_Perp | +0.0100% | 4h | 0.7396 | +0.017% | $455K | $3.8M | 10x | as long as short |
| ApeX Omni ASTERUSDT | +0.0100% | 1h | 0.7398 | +0.041% | $66K | $716K | 50x | as long as short |
| Orderly PERP_ASTER_USDC | +0.0100% | 4h | 0.7392 | −0.041% | $14K | $845 | 10x | as long as short |
| SunX ASTER-USDT | +0.0100% | 4h | 0.7402 | +0.095% | $2K | $1.7M | 20x | as long as short |
| SoDEX ASTER-USD | +0.0100% | 1h | 0.7393 | −0.027% | $13K | $8K | 5x | as long as short |
| HTX ASTER-USDT | +0.0100% | 4h | 0.7395 | 0.000% | $242K | $119K | 20x | as long as short |
| Extended ASTER-USD | +0.0104% | 1h | 0.7393 | −0.024% | $376K | $635K | 25x | as long as short |
| edgeX ASTERUSDC | +0.0114% | 4h | 0.7394 | −0.015% | $213K | $1.9M | 10x | as long as short |
| 01 Exchange ASTERUSD | +0.0136% | 1h | 0.7398 | +0.041% | $8K | $4K | 10x | as long as short |
| Kraken Futures PF_ASTERUSD | +0.0147% | 1h | 0.7397 | +0.023% | $280K | $428K | 20x | as long as short |
| Hyperliquid ASTER | +0.0161% | 1h | 0.7398 | +0.045% | $25.7M | $6.8M | 5x | as long as short |
| GMX ASTER/USD [WBTC.b-USDC] | L +0.0304% / S −0.0215% | 1h | 0.7393 | −0.022% | $28K | — | 100x | as long as short |
| BloFin ASTER-USDTlong | +0.0340% | 4h | 0.7395 | long leg | $3.4M | $1.9M | 75x |
BloFin ASTER-USDT
Bybit ASTERUSDT
Coinbase International ASTER-PERP-INTX
Aster ASTERUSDT
Deribit ASTER_USDC-PERPETUAL
gTrade (Gains Network) ASTER/USD
Injective ASTER/USDC PERP
Lighter ASTER
Pacifica ASTER
Binance ASTERUSDT
OKX ASTER-USDT-SWAP
Gate ASTER_USDT
MEXC ASTER_USDT
KuCoin ASTERUSDTM
Bitget ASTERUSDT
BingX ASTER-USDT
Backpack ASTER_USDC_PERP
Variational Omni ASTER
GRVT ASTER_USDT_Perp
ApeX Omni ASTERUSDT
SunX ASTER-USDT
SoDEX ASTER-USD
HTX ASTER-USDT
Extended ASTER-USD
edgeX ASTERUSDC
01 Exchange ASTERUSD
Kraken Futures PF_ASTERUSD
Hyperliquid ASTER
GMX ASTER/USD [WBTC.b-USDC]