Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against SunX−0.248%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$190as in the Funding arb table

Net, price: spread back to 7d avg − costs−$207as in the Price arb table

costs, in and out, $10k−$1901.905% of the position

Long on SunX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−2.366%−$237 · spread now −0.248%, 7d avg −0.081%

Together, before fees−2.366%+ Points / potential airdropAster: Stage 5 · farm board−$237 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 0.167% cheaper against SunX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ARB-USDT	0.2219	0.0100	pay 0.0100% / 8h	5h 45m	$2K	$1.1M	30x
Short	Aster ARBUSDT	0.2213	0.0100	get 0.0100% / 8h	5h 45m	$657K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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 SunXbpFee AsterbpOrdersPrice spread, now −0.248%Rate

Funding earned: $0
Price spread: −0.248% → −0.081%: −$16.68
Slippage, 4 orders: −$174.46
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$207.14
Costs to cover: 1.905%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; Aster: live order book, 2 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 SunX live order book, 7 min ago	31.52 bp	61.1 bp −$61	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	1.13 bp	14.2 bp −$14	23.5 bp −$235	doesn't fit	doesn't fit

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	0.2205	−0.631%	$40K	$372K	12x	as long as short
SoDEX ARB-USD	−0.0158%	1h	0.2213	−0.248%	$10K	$2.4M	5x	as long as short
Variational Omni ARB	−0.0153%	8h	0.2213	−0.250%	$1.9M	$2.9M	—	as long as short
01 Exchange ARBUSD	−0.0136%	1h	0.2212	−0.324%	$7K	$2K	10x	as long as short
MEXC ARB_USDT	−0.0136%	8h	0.2213	−0.275%	$38.3M	$59.0M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0135%	8h	0.2213	−0.248%	$22.2M	$151.7M	50x	as long as short
Polymarket Perps ARB-USD	−0.0120%	1h	0.2214	−0.216%	$102K	$2.1M	10x	as long as short
Kraken Futures PF_ARBUSD	−0.0098%	1h	0.2215	−0.194%	$1.1M	$4.6M	50x	as long as short
Gate ARB_USDT	−0.0083%	8h	0.2213	−0.248%	$5.4M	$19.0M	60x	as long as short
Bybit ARBUSDT	−0.0082%	8h	0.2213	−0.252%	$56.3M	$126.5M	50x	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	−0.0072%	8h	0.2214	−0.225%	$12K	$383K	10x	as long as short
ApeX Omni ARBUSDT	−0.0045%	1h	0.2213	−0.270%	$119K	$284K	50x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2213	−0.289%	$65K	$5K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2211	−0.365%	$352K	$2.5M	25x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2215	−0.171%	$24K	$34K	25x	as long as short
Binance ARBUSDT	0.0000%	8h	0.2214	−0.230%	$64.5M	$309.0M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0013%	1h	0.2217	−0.112%	$11K	—	150x	as long as short
BloFin ARB-USDT	+0.0022%	8h	0.2213	−0.270%	—	$2.7M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2216	−0.134%	$141K	$7K	3x	as long as short
Phemex ARBUSDT	+0.0093%	8h	0.2213	−0.270%	$4.9M	$12.9M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2214	−0.239%	$1.2M	$6.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2215	−0.194%	$38.4M	$49.9M	10x	as long as short
Aster ARBUSDTshort	+0.0100%	8h	0.2213	−0.248%	$657K	$1.6M	20x
Pacifica ARB	+0.0100%	1h	0.2212	−0.326%	$42K	$179K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2213	−0.252%	$19.5M	$15.5M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2213	−0.270%	$21.1M	$35.0M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2213	−0.293%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2211	−0.366%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2216	−0.153%	$476K	$3.6M	10x	as long as short
SunX ARB-USDTlong	+0.0100%	8h	0.2219	long leg	$2K	$1.1M	30x
HTX ARB-USDT	+0.0100%	8h	0.2212	−0.333%	$297K	$952K	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2214	−0.230%	$505K	$2.1M	50x	as long as short
RISEx ARB/USDC	+0.0232%	1h	0.2213	−0.255%	$485K	$2.7M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2217	−0.100%	$826K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2213	−0.262%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0525%	1h	0.2217	−0.072%	$1.0M	$2.8M	20x	as long as short