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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0646%/8h= +70.7% APRnext payment +$3.23 per $10,000 · paid last 24h +0.179%
Price spread now: Aster against Bybit+0.139%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 +$19 a day on $10k at the current rate, and Aster is 0.139% dearer against Bybit than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit USUSDT0.016320.0100pay 0.0050% / 4h3h 11m$3.2M$880K20x
ShortAster USUSDT0.016340.0746get 0.0373% / 4h3h 11m$12K$53K5x

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
$135.61
Price spread: +0.139% → 0.000%
$13.94
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
$130.55
Costs to cover
0.190%
Break-even
0.3 days
Slippage unknown: Bybit: live order book, 6 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, 6 min ago9.15 bp137.8 bp −$138doesn't fitdoesn'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.

US on 11 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
Bybit USUSDTlong+0.0100%4h0.01632long leg$3.2M$880K20x
Gate US_USDT+0.0100%4h0.01632+0.018%$2.0M$566K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01630−0.104%$4.1M$276K20xas long as short
Variational Omni US+0.0100%4h0.01640+0.481%$16K$3Kas long as short
Bitget USUSDT+0.0390%4h0.01634+0.141%$4.3M$250K10xas long as short
Aster USUSDTshort+0.0746%4h0.01634+0.139%$12K$53K5x
BingX US-USDT+0.0774%4h0.01632−0.012%$1.3Mas long as short
BloFin US-USDT+0.0784%4h0.01639+0.453%$478K$49K10xas long as short
Binance USUSDT+0.0805%4h0.01632+0.018%$9.1M$3.1M10xas long as short
Extended US-USD+0.0816%1h0.01632+0.027%$4K$95K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC US_USDT+0.0818%4h0.01632+0.018%$5.5M$114K100xas long as short