Funding you earn now, next payment 08:00 UTC−0.0396%/8h= −43.4% APRnext payment −$3.96 per $10,000 · paid last 24h −0.014%
Price spread now: Aster against Bybit−0.100%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
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aster is 0.100% cheaper against Bybit than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
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 −$3.96 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 BICOUSDT | 0.02251 | 0.0496 | pay 0.0496% / 8h | 5h 36m | $2.4M | $3.8M | 20x |
| Short | Aster BICOUSDT | 0.02249 | 0.0100 | get 0.0100% / 8h | 5h 36m | $93K | $20K | 5x |
Bybit BICOUSDT
Aster BICOUSDTFunding 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
- −$83.2
- Price spread: −0.100% → 0.000%
- −$10.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$112.21
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 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, 1 min ago | 3.56 bp | 43.5 bp −$43 | 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.
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 BICOUSDTshort | +0.0100% | 8h | 0.02249 | −0.100% | $93K | $20K | 5x | |
| Binance BICOUSDT | +0.0100% | 8h | 0.02251 | +0.004% | $4.1M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02253 | +0.084% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02250 | −0.049% | $1.8M | $1.0M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02249 | −0.093% | $638K | $499K | 10x | as long as short |
| Variational Omni BICO | +0.0333% | 8h | 0.02251 | +0.014% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTM | +0.0402% | 8h | 0.02253 | +0.084% | $1.1M | $1.3M | 20x | as long as short |
| BingX BICO-USDT | +0.0495% | 8h | 0.02251 | −0.004% | — | $1.7M | — | as long as short |
| Bybit BICOUSDTlong | +0.0496% | 8h | 0.02251 | long leg | $2.4M | $3.8M | 20x | |
| Gate BICO_USDT | +0.0528% | 8h | 0.02249 | −0.093% | $380K | $337K | 20x | as long as short |
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
KuCoin BICOUSDTM
BingX BICO-USDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.7161% | 1h | 0.02260 | +0.378% | $37K | $56K | 20x | as long as short |
Kraken Futures PF_BICOUSD