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

ARB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.053%
Price spread now: Aster against Hyperliquid−0.129%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$410.405% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.126%−$13 on $10k
Price spread, last 7 days+0.110%+$11 · spread now −0.129%, 7d avg −0.075%
Together, before fees−0.016%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.054% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ARB0.22140.0100pay 0.0013% / 1h52m 53s$38.2M$50.3M10x
ShortAster ARBUSDT0.22110.0100get 0.0100% / 8h6h 52m$659K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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
$0
Price spread: −0.129% → −0.075%
−$5.43
Slippage, 4 orders
−$23.52
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$45.95
Costs to cover
0.405%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Aster: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 11 min ago1.55 bp6.5 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, just now3.84 bp12.4 bp −$1228.2 bp −$282doesn't fitdoesn't fit

ARB on 36 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
ApeX Omni ARBUSDT−0.1916%1h0.2228+0.623%$120K$296K50xas long as short
Injective ARB/USDC PERP−0.1692%1h0.2196−0.822%$40K$372K12xas long as short
01 Exchange ARBUSD−0.0216%1h0.2210−0.185%$7K$2K10xas long as short
Variational Omni ARB−0.0190%8h0.2195−0.867%$1.8M$2.8Mas long as short
OKX ARB-USDT-SWAP−0.0106%8h0.2215+0.027%$22.4M$157.0M50xas long as short
MEXC ARB_USDT−0.0106%8h0.2215+0.032%$37.5M$58.9M200xas long as short
Bybit ARBUSDT−0.0082%8h0.2214+0.009%$57.4M$128.8M50xas long as short
SoDEX ARB-USD−0.0060%1h0.2212−0.113%$10K$2.5M5xas long as short
Orderly PERP_ARB_USDC−0.0053%8h0.2212−0.099%$13K$387K10xas long as short
Deribit ARB_USDC-PERPETUAL−0.0021%1h0.2212−0.090%$24K$34K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2208−0.296%$65K$5K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2212−0.099%$31K150xas long as short
Binance ARBUSDT+0.0005%8h0.2215+0.036%$65.1M$317.7M75xas long as short
Extended ARB-USD+0.0008%1h0.2214−0.016%$352K$2.5M25xas long as short
BloFin ARB-USDT+0.0020%8h0.2210−0.176%$3.2M$2.9M75xas long as short
Gate ARB_USDT+0.0068%8h0.2215+0.045%$5.4M$19.6M60xas long as short
Aevo ARB-PERP+0.0080%1h0.2213−0.070%$140K$7K3xas long as short
Polymarket Perps ARB-USD+0.0090%1h0.2211−0.163%$70K$2.0M10xas long as short
Lighter ARB+0.0096%1h0.2213−0.072%$1.3M$7.4M15xas long as short
Hyperliquid ARBlong+0.0100%1h0.2214long leg$38.2M$50.3M10x
Aster ARBUSDTshort+0.0100%8h0.2211−0.129%$659K$1.7M20x
Pacifica ARB+0.0100%1h0.2208−0.285%$43K$186K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2215+0.050%$19.6M$15.9M75xas long as short
Bitget ARBUSDT+0.0100%8h0.2214−0.009%$21.1M$36.5M50xas long as short
BingX ARB-USDC+0.0100%8h0.2213−0.032%$6.5Mas long as short
edgeX ARBUSDC+0.0100%4h0.2227+0.592%$40K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2198−0.751%$476K$3.5M10xas long as short
SunX ARB-USDT+0.0100%8h0.2212−0.099%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2213−0.068%$290K$1.0M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2212−0.099%$5.1M$13.0M50xas long as short
Coinbase International ARB-PERP-INTX+0.0240%1h0.2212−0.099%$504K$2.2M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2212−0.089%$826K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2210−0.209%$2K$69520xas long as short
Kraken Futures PF_ARBUSD+0.0312%1h0.2213−0.039%$1.1M$4.8M50xas long as short
Backpack ARB_USDC_PERP+0.0431%1h0.2217+0.122%$1.0M$2.9M20xas long as short
RISEx ARB/USDC+0.0466%1h0.2212−0.109%$499K$2.6M10xas long as short