A delta-neutral position would go long on Backpack Exchange (+1.37%) and short on Aster (+10.95%), collecting roughly 9.6% APR before fees, slippage and margin costs.
Funding is shown both as the venue quotes it and annualised, so venues on different settlement intervals line up.
| Venue | Market | Mark | Funding APR | Per hour | Next | Open interest | 24h vol | Max lev |
|---|---|---|---|---|---|---|---|---|
| BILLUSDT | $0.0238 | +10.95% | +0.0013% | 3m | $19.2K 809.3K BILL | $6.4K | - | |
Sampled continuously and bucketed to four hours.
| BILL_USDC_PERP |
| $0.0238 |
| +1.37% |
| +0.0002% |
| 3m |
| $8.1K 340.6K BILL |
| $137K |
| - |