Funding you earn now, next payment 08:00 UTC−0.0316%/8h= −34.6% APRnext payment −$1.58 per $10,000 · paid last 24h −0.127%
Price spread now: Bybit against Aster+0.131%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Bybit is 0.131% dearer against Aster than usual: you sell high and buy low (spread +0.131% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MUSDT | 1.3528 | 0.0505 | pay 0.0252% / 4h | 43m 04s | $13K | $83K | 5x |
| Short | Bybit MUSDT | 1.3546 | 0.0189 | get 0.0095% / 4h | 43m 04s | $4.2M | $1.8M | 20x |
Aster MUSDT
Bybit MUSDTFunding 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
- −$66.27
- Price spread: +0.131% → 0.000%
- $13.13
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$72.14
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 5 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, 5 min ago | 3.30 bp | 41.8 bp −$42 | 244.1 bp −$2,441 | 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.
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate M_USDT | +0.0100% | 8h | 1.3512 | −0.120% | $1.8M | $898K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3530 | +0.013% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.3533 | +0.035% | $2K | $872K | 20x | as long as short |
| Bybit MUSDTshort | +0.0189% | 4h | 1.3546 | +0.131% | $4.2M | $1.8M | 20x | |
| Aster MUSDTlong | +0.0505% | 4h | 1.3528 | long leg | $13K | $83K | 5x | |
| BloFin M-USDT | +0.0774% | 4h | 1.3523 | −0.039% | $345K | $450K | 10x | as long as short |
| Binance MUSDT | +0.0809% | 4h | 1.3541 | +0.091% | $5.4M | $4.0M | 10x | as long as short |
| MEXC M_USDT | +0.0820% | 4h | 1.3527 | −0.009% | $233K | $108K | 50x | as long as short |
| Variational Omni M | +0.1060% | 4h | 1.3568 | +0.293% | $91K | $49K | — | as long as short |
| BingX M-USDT | +0.1197% | 4h | 1.3527 | −0.009% | — | $2.4M | — | as long as short |
Gate M_USDT
Orderly PERP_M_USDC
SunX M-USDT
BloFin M-USDT
Binance MUSDT
MEXC M_USDT
Variational Omni M
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUSDT | +0.1254% | 4h | 1.3536 | +0.057% | $1.8M | $253K | 10x | as long as short |
| KuCoin MUSDTM | +0.2324% | 4h | 1.3416 | −0.828% | $1.3M | $3.7M | 10x | as long as short |
Bitget MUSDT
KuCoin MUSDTM