Funding you earn now, next payment 08:00 UTC+0.0421%/8h= +46.1% APRnext payment +$4.21 per $10,000 · paid last 24h +0.014%
Price spread now: Bybit against Aster−0.104%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Bybit is 0.104% cheaper against Aster than usual: you would sell low and buy high (spread −0.104% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 20 hours of funding at the current rate (+$13 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.21 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 | Aster BICOUSDT | 0.02251 | 0.0100 | pay 0.0100% / 8h | 5h 39m | $94K | $20K | 5x |
| Short | Bybit BICOUSDT | 0.02249 | 0.0521 | get 0.0521% / 8h | 5h 39m | $2.4M | $3.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- $88.36
- Price spread: −0.104% → 0.000%
- −$10.45
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $58.91
- Costs to cover
- 0.190%
- Break-even
- 2.3 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 3 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 4.66 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
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.
BICO on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDTlong | +0.0100% | 8h | 0.02251 | long leg | $94K | $20K | 5x | |
| Binance BICOUSDT | +0.0100% | 8h | 0.02248 | −0.136% | $4.1M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02248 | −0.127% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02246 | −0.216% | $1.8M | $1.0M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02248 | −0.127% | $638K | $499K | 10x | as long as short |
| Variational Omni BICO | +0.0333% | 8h | 0.02251 | +0.025% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTM | +0.0409% | 8h | 0.02252 | +0.051% | $1.1M | $1.3M | 20x | as long as short |
| Bybit BICOUSDTshort | +0.0521% | 8h | 0.02249 | −0.104% | $2.4M | $3.8M | 20x | |
| BingX BICO-USDT | +0.0534% | 8h | 0.02249 | −0.082% | — | $1.7M | — | as long as short |
| Gate BICO_USDT | +0.0566% | 8h | 0.02251 | +0.007% | $381K | $337K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.7121% | 1h | 0.02272 | +0.947% | $37K | $56K | 20x | as long as short |
Aster BICOUSDT
Bybit BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
KuCoin BICOUSDTM
BingX BICO-USDT
Gate BICO_USDT
Kraken Futures PF_BICOUSD