Funding you earn now, next payment 08:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.61 per $10,000 · paid last 24h +0.010%
Price spread now: Aster against Bybit+0.086%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$240.239% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now +0.086%, 7d avg +0.115%
=Together, before fees+0.057%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.028% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.115%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNBUSDT | 786.50 | 0.0100 | pay 0.0100% / 8h | 2h 15m | $138.2M | $74.8M | 75x |
| Short | Aster BNBUSDT | 787.18 | 0.0039 | get 0.0039% / 8h | 2h 15m | $6.1M | $19.0M | 200x |
Bybit BNBUSDT
Aster BNBUSDTFunding 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
- −$12.88
- Price spread: +0.086% → +0.115%
- −$2.81
- Slippage, 4 orders
- −$4.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$39.61
- Costs to cover
- 0.239%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 0.64 bp | 7.0 bp −$7 | 9.7 bp −$97 | 25.8 bp −$2,584 | 179.7 bp −$89.8K |
| Sell Aster live order book, 3 min ago | 0.70 bp | 4.8 bp −$5 | 5.6 bp −$56 | 20.0 bp −$2,002 | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0192% / S +0.0356% | 1h | 786.29 | −0.027% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.95 | +0.057% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.28 | +0.099% | $849K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.49 | −0.001% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.364% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDTshort | +0.0039% | 8h | 787.18 | +0.086% | $6.1M | $19.0M | 200x | |
| BingX BNB-USDT | +0.0045% | 8h | 786.76 | +0.033% | — | $22.2M | — | as long as short |
| Phemex BNBUSDT | +0.0058% | 8h | 787.09 | +0.075% | $68.9M | $50.6M | 50x | as long as short |
| MEXC BNB_USDT | +0.0062% | 8h | 787.50 | +0.127% | $80.5M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0063% | 8h | 787.17 | +0.085% | $490.4M | $812.5M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
BingX BNB-USDT
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | +0.0069% | 1h | 786.40 | −0.013% | $2.5M | $1.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 785.85 | −0.083% | $568K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.73 | +0.029% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.52 | +0.003% | $265K | $489K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.30 | −0.025% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.18 | +0.086% | $51.5M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.90 | +0.050% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDTlong | +0.0100% | 8h | 786.50 | long leg | $138.2M | $74.8M | 75x | |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.40 | −0.013% | $53.5M | $112.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.80 | +0.038% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.55 | +0.006% | $36.7M | $59.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.30 | −0.025% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.29 | −0.027% | $76.1M | $31.0M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.89 | +0.050% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.32 | −0.023% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.93 | +0.054% | $4.1M | $75.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.09 | +0.075% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.48 | −0.003% | $131K | $951K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.65 | +0.019% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.14 | +0.081% | $12K | $1.5M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.66 | +0.021% | $8.0M | $10.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 786.96 | +0.058% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.29 | −0.027% | $1.8M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.55 | +0.007% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 786.33 | −0.022% | $169K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0130% | 1h | 786.60 | +0.013% | $387K | $993K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0139% | 8h | 787.10 | +0.076% | $160K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0158% | 1h | 786.37 | −0.017% | $159K | $62K | 10x | as long as short |
| BloFin BNB-USDT | +0.0181% | 8h | 787.12 | +0.079% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0217% | 8h | 787.48 | +0.125% | $2.9M | $29.5M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 786.92 | +0.053% | $1.5M | $143K | 25x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 787.28 | +0.099% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0323% | 1h | 786.36 | −0.018% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0341% | 1h | 785.39 | −0.141% | $637K | $4K | 10x | as long as short |
| RISEx BNB/USDC | +0.0432% | 1h | 786.89 | +0.050% | $1.1M | $901K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0536% | 1h | 786.85 | +0.045% | $67K | $39K | 12x | as long as short |
Kraken Futures PF_BNBUSD
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
SoDEX BNB-USD
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Deribit BNB_USDC-PERPETUAL
01 Exchange BNBUSD
Reya BNBRUSDPERP
Bulk BNB-USD
RISEx BNB/USDC
Hibachi BNB/USDT-P