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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0714%/8h= +78.2% APRnext payment +$3.57 per $10,000 · paid last 24h +0.289%
Price spread now: Aster against Bybit+0.048%7-day average +0.234% · you sell dearer than you buy
Net, funding: paid 7d − costs−$292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$458as in the Price arb table
costs, in and out, $10k−$4394.394% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.472%+$147 on $10k
Price spread, last 7 days+0.060%+$6 · spread now +0.048%, 7d avg +0.234%
Together, before fees+1.532%+ Points / potential airdropAster: Stage 5 · farm board+$153 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.187% cheaper against Bybit than usual: you would sell low and buy high (spread +0.048% now, against its 7-day average of +0.234%). If the spread goes back, that is −$19 on $10k: about 21 hours of funding at the current rate (+$21 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BUSDT0.21330.0603pay 0.0302% / 4h3h 14m$1.8M$1.1M13x
ShortAster BUSDT0.21340.1317get 0.0659% / 4h3h 14m$2.0M$220K5x

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
$149.98
Price spread: +0.048% → +0.234%
−$18.68
Slippage, 4 orders
−$420.39
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$308.09
Costs to cover
4.394%
Break-even
21.4 days
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 3 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 ago7.50 bp178.9 bp −$1792939.5 bp −$29.4Kdoesn't fitdoesn't fit
Sell Aster live order book, 3 min ago9.35 bp33.3 bp −$33doesn't fitdoesn't fitdoesn't fit

B 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
Gate B_USDT+0.0100%4h0.2134+0.042%$3.6M$687K20xas long as short
Binance BUSDT+0.0480%4h0.2136+0.136%$12.5M$2.5M20xas long as short
Extended B-USD+0.0480%1h0.2138+0.250%$16K$300K5xas long as short
MEXC B_USDT+0.0484%4h0.2137+0.183%$1.4M$513K100xas long as short
BloFin B-USDT+0.0497%4h0.2139+0.277%$641K$44K20xas long as short
BingX B-USDT+0.0500%4h0.2139+0.277%$1.3Mas long as short
Bitget BUSDT+0.0502%4h0.2137+0.183%$2.9M$494K10xas long as short
edgeX BUSDC+0.0503%4h0.2135+0.110%$4K$390K5xas long as short
KuCoin BUSDTM+0.0558%4h0.2135+0.098%$2.0M$88K10xas long as short
Bybit BUSDTlong+0.0603%4h0.2133long leg$1.8M$1.1M13x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDTshort+0.1317%4h0.2134+0.048%$2.0M$220K5x