PTB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0587%/8h= −64.3% APRnext payment −$2.93 per $10,000 · paid last 24h −0.092%

Price spread now: Bybit against Aster+0.113%7-day average +0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$423as in the Price arb table

costs, in and out, $10k−$4264.256% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.090%+$9 on $10k

Price spread, last 7 days+0.065%+$7 · spread now +0.113%, 7d avg +0.090%

Together, before fees+0.155%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.023% dearer against Aster than usual: you sell high and buy low (spread +0.113% now, against its 7-day average of +0.090%): +$2 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 6 days funding on this pair paid +0.090%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.090% in total (about 5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.93 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 PTBUSDT	0.0009670	0.0687	pay 0.0343% / 4h	41m 03s	$66K	$671K	5x
Short	Bybit PTBUSDT	0.0009681	0.0100	get 0.0050% / 4h	41m 03s	$1.4M	$14.9M	25x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BybitbpOrdersPrice spread, now +0.113%Rate

Funding earned: −$123.23
Price spread: +0.113% → +0.090%: $2.28
Slippage, 4 orders: −$406.65
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$546.6
Costs to cover: 4.256%
Break-even: never at this rate

Slippage from Aster: live order book, 42 min ago; Bybit: live order book, 2 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 Aster live order book, 42 min ago	6.59 bp	29.4 bp −$29	228.6 bp −$2,286	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	3.08 bp	174.1 bp −$174	557.6 bp −$5,576	doesn't fit	doesn't fit

PTB on 10 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
Bybit PTBUSDTshort	+0.0100%	4h	0.0009681	+0.113%	$1.4M	$14.9M	25x
Variational Omni PTB	+0.0100%	4h	0.0009797	+1.308%	$28K	$60K	—	as long as short
Gate PTB_USDT	+0.0290%	4h	0.0009668	−0.022%	$1.6M	$3.5M	25x	as long as short
BingX PTB-USDT	+0.0520%	4h	0.0009684	+0.144%	—	$1.9M	—	as long as short
MEXC PTB_USDT	+0.0524%	4h	0.0009688	+0.185%	$289K	$519K	20x	as long as short
Binance PTBUSDT	+0.0525%	4h	0.0009674	+0.040%	$6.6M	$87.5M	20x	as long as short
BloFin PTB-USDT	+0.0526%	4h	0.0009685	+0.154%	$393K	$287K	20x	as long as short
Extended kPTB-USD	+0.0528%	1h	0.0009694	+0.251%	$3K	$16K	5x	as long as short
KuCoin PTBUSDTM	+0.0570%	4h	0.0009694	+0.247%	$1.4M	$5.9M	20x	as long as short
Aster PTBUSDTlong	+0.0687%	4h	0.0009670	long leg	$66K	$671K	5x