Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%

Price spread now: Bybit against BingX+0.041%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 7 days−0.041%−$4 · spread now +0.041%, 7d avg +0.005%

Together, before fees−0.133%−$13 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: Bybit is 0.035% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ASTER-USDT	0.7387	0.0100	pay 0.0050% / 4h	1h 57m	—	$9.6M	—
Short	Bybit ASTERUSDT	0.7390	0.0100	get 0.0050% / 4h	1h 57m	$49.5M	$22.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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 BingXbpFee BybitbpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → +0.005%: $3.52
Slippage, 4 orders: −$20.28
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$37.75
Costs to cover: 0.413%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; Bybit: 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 BingX live order book, 11 min ago	2.70 bp	8.2 bp −$8	11.5 bp −$115	30.7 bp −$3,070	149.1 bp −$74.5K
Sell Bybit live order book, 2 min ago	1.35 bp	12.3 bp −$12	47.5 bp −$475	172.2 bp −$17.2K	doesn't fit

ASTER on 32 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
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7390	+0.035%	$251K	$827K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0061%	1h	0.7388	+0.009%	$11K	$87K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7379	−0.103%	$56.5M	$99.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7385	−0.024%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7385	−0.029%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.311%	$9	$96K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7390	+0.047%	$909K	$849K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7378	−0.122%	$369K	$277K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7382	−0.072%	$253K	$108K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7388	+0.011%	$90.5M	$107.0M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDTshort	+0.0100%	4h	0.7390	+0.041%	$49.5M	$22.0M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7389	+0.027%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7380	−0.095%	$6.2M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7380	−0.095%	$33.8M	$16.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7380	−0.099%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7390	+0.041%	$18.1M	$6.3M	50x	as long as short
BingX ASTER-USDTlong	+0.0100%	4h	0.7387	long leg	—	$9.6M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7379	−0.104%	$264K	$322K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7388	+0.017%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7390	+0.041%	$464K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7391	+0.054%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7396	+0.122%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7388	+0.014%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7387	0.000%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7381	−0.081%	$241K	$118K	20x	as long as short
edgeX ASTERUSDC	+0.0100%	4h	0.7387	+0.003%	$213K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7385	−0.024%	$376K	$635K	25x	as long as short
01 Exchange ASTERUSD	+0.0104%	1h	0.7383	−0.054%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7392	+0.064%	$284K	$419K	20x	as long as short
Hyperliquid ASTER	+0.0244%	1h	0.7389	+0.032%	$25.7M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7385	−0.026%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7389	+0.027%	$3.5M	$1.8M	75x	as long as short