Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: dYdX against Aster+0.048%7-day average — · you sell dearer than you buy

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

Long on Aster Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

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 pays, funding is against you. dYdX is 0.048% dearer against Aster than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ARBUSDT	0.2173	0.0100	pay 0.0100% / 8h	2h 41m	$626K	$1.6M	20x
Short	dYdX ARB-USD	0.2174	0	get 0.0000% / 1h	41m 28s	$64K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$21
Price spread: +0.048% → 0.000%: $4.78
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$34.22
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 2 min ago; dYdX: 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, 2 min ago	3.67 bp	11.2 bp −$11	38.1 bp −$381	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.1581%	1h	0.2172	−0.040%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0184%	1h	0.2171	−0.082%	$7K	$236	10x	as long as short
Polymarket Perps ARB-USD	−0.0168%	1h	0.2172	−0.040%	$72K	$2.1M	10x	as long as short
Variational Omni ARB	−0.0103%	8h	0.2176	+0.161%	$1.7M	$3.0M	—	as long as short
OKX ARB-USDT-SWAP	−0.0093%	8h	0.2171	−0.082%	$21.6M	$141.5M	50x	as long as short
MEXC ARB_USDT	−0.0093%	8h	0.2172	−0.017%	$40.6M	$60.4M	200x	as long as short
Bybit ARBUSDT	−0.0076%	8h	0.2170	−0.119%	$54.0M	$123.7M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0075%	1h	0.2178	+0.237%	$1.0M	$4.4M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0057%	8h	0.2178	+0.236%	$12K	$409K	10x	as long as short
dYdX ARB-USDshort	0.0000%	1h	0.2174	+0.048%	$64K	$5K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2178	+0.236%	$23K	$33K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2173	−0.007%	$43K	—	150x	as long as short
Gate ARB_USDT	+0.0046%	8h	0.2172	−0.036%	$5.3M	$18.1M	60x	as long as short
Bitget ARBUSDT	+0.0048%	8h	0.2171	−0.086%	$20.7M	$34.1M	50x	as long as short
Extended ARB-USD	+0.0072%	1h	0.2171	−0.079%	$348K	$2.8M	25x	as long as short
BingX ARB-USDT	+0.0072%	8h	0.2172	−0.045%	—	$53.7M	—	as long as short
Binance ARBUSDT	+0.0072%	8h	0.2171	−0.074%	$62.3M	$299.9M	75x	as long as short
RISEx ARB/USDC	+0.0086%	1h	0.2172	−0.033%	$439K	$2.6M	10x	as long as short
Lighter ARB	+0.0096%	1h	0.2173	−0.004%	$1.2M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2179	+0.268%	$138K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2173	+0.019%	$36.5M	$48.7M	10x	as long as short
Aster ARBUSDTlong	+0.0100%	8h	0.2173	long leg	$626K	$1.6M	20x
Pacifica ARB	+0.0100%	1h	0.2173	−0.005%	$42K	$160K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2172	−0.017%	$19.4M	$14.4M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2181	+0.357%	$39K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2181	+0.374%	$464K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2182	+0.420%	$118K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2180	+0.328%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2177	+0.199%	$10K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2172	−0.050%	$289K	$894K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2172	−0.040%	$4.9M	$12.6M	50x	as long as short
BloFin ARB-USDT	+0.0192%	8h	0.2179	+0.268%	$3.0M	$2.4M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2173	−0.002%	$820K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2176	+0.148%	$499K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2172	−0.058%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0668%	1h	0.2175	+0.075%	$975K	$2.8M	20x	as long as short