Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.55 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.016%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1841.838% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.016%, 7d avg +0.033%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.049% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ASTSUSDT | 61.620 | 0 | get 0.0000% / 8h | 1h 56m | $701K | $316K | 25x |
| Short | Bitget ASTSUSDT | 61.610 | −0.0055 | pay 0.0055% / 8h | 1h 56m | $1.2M | $357K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$11.55
- Price spread: −0.016% → +0.033%
- −$4.95
- Slippage, 4 orders
- −$160.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$200.31
- Costs to cover
- 1.838%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 48 min ago; Bitget: live order book, 5 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, 48 min ago | 4.86 bp | 67.9 bp −$68 | 200.9 bp −$2,009 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 6.49 bp | 27.4 bp −$27 | 352.6 bp −$3,526 | doesn't fit | doesn't fit |
ASTS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ASTSUSDTshort | −0.0055% | 8h | 61.610 | −0.016% | $1.2M | $357K | 20x | |
| Aster ASTSUSDT | 0.0000% | 8h | 61.546 | −0.120% | $13K | $28K | 20x | as long as short |
| Bybit ASTSUSDTlong | 0.0000% | 8h | 61.620 | long leg | $701K | $316K | 25x | |
| OKX ASTS-USDT-SWAP | 0.0000% | 8h | 61.730 | +0.179% | $747K | $681K | 20x | as long as short |
| Gate ASTS_USDT | 0.0000% | 8h | 61.620 | 0.000% | $1.6M | $1.2M | 25x | as long as short |
| SunX ASTS-USDT | 0.0000% | 8h | 61.680 | +0.097% | $858 | $686K | 10x | as long as short |
| HTX ASTS-USDT | 0.0000% | 8h | 61.680 | +0.097% | $5K | $3K | 20x | as long as short |
| Lighter RH ASTS | +0.0032% | 1h | 61.616 | −0.006% | $9K | $31K | 10x | as long as short |
| Vest ASTS-USD-PERP | +0.0046% | 1h | 61.560 | −0.097% | — | — | 10x | as long as short |
| QFEX ASTS-USD | +0.0063% | 1h | 61.640 | +0.032% | $1.1M | $1.8M | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ASTSUSDT | +0.0084% | 8h | 61.637 | +0.028% | $2.7M | $4.2M | 20x | as long as short |
| Extended ASTS-USD | +0.0088% | 1h | 61.621 | +0.001% | $9K | $227K | 10x | as long as short |
| KuCoin ASTSUSDTM | +0.0100% | 8h | 61.560 | −0.097% | $281K | $59K | 20x | as long as short |
| BloFin ASTS-USDT | +0.0102% | 8h | 61.640 | +0.032% | $45K | $8K | 20x | as long as short |
| GRVT ASTS_USDT_Perp | +0.0155% | 8h | 61.695 | +0.122% | $246 | $164K | 10x | as long as short |
Bybit ASTSUSDT
Bitget ASTSUSDT
Aster ASTSUSDT
OKX ASTS-USDT-SWAP
Gate ASTS_USDT
SunX ASTS-USDT
HTX ASTS-USDT
Lighter RH ASTS
Binance ASTSUSDT
Extended ASTS-USD
KuCoin ASTSUSDTM
BloFin ASTS-USDT
GRVT ASTS_USDT_Perp