Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.053%

Price spread now: Deribit against Aster−0.011%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Deribit

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ARBUSDT	0.2223	0.0100	pay 0.0100% / 8h	5h 44m	$659K	$1.6M	20x
Short	Deribit ARB_USDC-PERPETUAL	0.2222	0	get 0.0000% / 1h	44m 49s	$24K	$34K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$21
Price spread: −0.011% → 0.000%: −$1.12
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$37.12
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 3 min ago; Deribit: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 3 min ago	1.13 bp	19.4 bp −$19	45.6 bp −$456	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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.

ARB on 36 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
Injective ARB/USDC PERP	−0.1577%	1h	0.2204	−0.835%	$40K	$372K	12x	as long as short
Variational Omni ARB	−0.0153%	8h	0.2213	−0.409%	$1.9M	$2.9M	—	as long as short
01 Exchange ARBUSD	−0.0136%	1h	0.2220	−0.092%	$7K	$2K	10x	as long as short
OKX ARB-USDT-SWAP	−0.0135%	8h	0.2218	−0.200%	$22.3M	$152.0M	50x	as long as short
SoDEX ARB-USD	−0.0135%	1h	0.2221	−0.056%	$10K	$2.4M	5x	as long as short
MEXC ARB_USDT	−0.0134%	8h	0.2220	−0.137%	$38.4M	$59.0M	200x	as long as short
Kraken Futures PF_ARBUSD	−0.0098%	1h	0.2223	+0.033%	$1.1M	$4.6M	50x	as long as short
Polymarket Perps ARB-USD	−0.0092%	1h	0.2220	−0.128%	$102K	$2.1M	10x	as long as short
Bybit ARBUSDT	−0.0083%	8h	0.2218	−0.227%	$56.4M	$126.5M	50x	as long as short
Gate ARB_USDT	−0.0077%	8h	0.2219	−0.142%	$5.4M	$19.0M	60x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	−0.0073%	8h	0.2221	−0.070%	$13K	$383K	10x	as long as short
ApeX Omni ARBUSDT	−0.0045%	1h	0.2213	−0.430%	$119K	$284K	50x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2219	−0.147%	$66K	$5K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2221	−0.057%	$352K	$2.5M	25x	as long as short
Deribit ARB_USDC-PERPETUALshort	0.0000%	1h	0.2222	−0.011%	$24K	$34K	25x
BloFin ARB-USDT	+0.0001%	8h	0.2221	−0.088%	—	$2.7M	75x	as long as short
Binance ARBUSDT	+0.0001%	8h	0.2219	−0.154%	$64.7M	$309.0M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0013%	1h	0.2222	−0.036%	$11K	—	150x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2222	−0.024%	$141K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2218	−0.182%	$1.2M	$6.4M	15x	as long as short
Phemex ARBUSDT	+0.0096%	8h	0.2217	−0.250%	$4.9M	$12.9M	50x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2219	−0.151%	$38.5M	$49.9M	10x	as long as short
Aster ARBUSDTlong	+0.0100%	8h	0.2223	long leg	$659K	$1.6M	20x
Pacifica ARB	+0.0100%	1h	0.2217	−0.254%	$42K	$179K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2220	−0.124%	$19.6M	$15.5M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2217	−0.250%	$21.2M	$35.0M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2218	−0.187%	—	$53.9M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2212	−0.465%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2212	−0.475%	$470K	$3.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2224	+0.065%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2222	−0.025%	$298K	$952K	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2215	−0.349%	$506K	$2.1M	50x	as long as short
RISEx ARB/USDC	+0.0232%	1h	0.2222	−0.033%	$487K	$2.7M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2222	−0.032%	$828K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2219	−0.143%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0554%	1h	0.2226	+0.146%	$1.0M	$2.8M	20x	as long as short