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

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.012%
Price spread now: Aster against Bybit+0.055%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.055% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NOTUSDT0.00050690.0077pay 0.0038% / 4h1h 33m$2.1M$862K25x
ShortAster NOTUSDT0.00050720.0100get 0.0050% / 4h1h 33m$14K$9K5x

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
$4.85
Price spread: +0.055% → 0.000%
$5.52
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$8.63
Costs to cover
0.190%
Break-even
19.5 days
Slippage unknown: Bybit: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago4.94 bp29.2 bp −$29162.3 bp −$1,623doesn't fitdoesn'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.

NOT on 16 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
Variational Omni NOT−0.0335%4h0.0005059−0.207%$71K$39Kas long as short
KuCoin NOTUSDTM−0.0196%4h0.0005060−0.178%$465K$130K50xas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.847%$1K$13K5.5xas long as short
Bybit NOTUSDTlong+0.0077%4h0.0005069long leg$2.1M$862K25x
Lighter 1000NOT+0.0096%1h0.0005084+0.294%$11K$4K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005070+0.020%$370K$51K3xas long as short
Aster NOTUSDTshort+0.0100%4h0.0005072+0.055%$14K$9K5x
Binance NOTUSDT+0.0100%4h0.0005074+0.099%$2.1M$3.1M50xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005073+0.079%$634K$653K20xas long as short
Gate NOT_USDT+0.0100%4h0.0005064−0.099%$143K$68K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NOT_USDT+0.0100%4h0.0005073+0.079%$1.3M$440K200xas long as short
Bitget NOTUSDT+0.0100%4h0.0005072+0.059%$673K$411K50xas long as short
BingX NOT-USDT+0.0100%4h0.0005071+0.039%$8.8Mas long as short
Extended kNOT-USD+0.0104%1h0.0005072+0.053%$4K$4915xas long as short
BloFin NOT-USDT+0.0119%4h0.0005079+0.197%$111K$17K50xas long as short
Kraken Futures PF_NOTUSD+0.1949%1h0.0005077+0.155%$50K$9K10xas long as short