Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.046%

Price spread now: Deribit against Bybit−0.013%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.246%−$25 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs 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	Bybit ASTERUSDT	0.7467	0.0100	pay 0.0050% / 4h	3h 20m	$50.0M	$21.9M	75x
Short	Deribit ASTER_USDC-PERPETUAL	0.7466	0	get 0.0000% / 1h	20m 04s	$11K	$86K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bybit. 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 BybitbpFee DeribitbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$21
Price spread: −0.013% → 0.000%: −$1.34
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$40.34
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago	1.34 bp	12.3 bp −$12	35.5 bp −$355	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.

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	−0.0080%	1h	0.7456	−0.142%	$266K	$854K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7465	−0.027%	$56.6M	$99.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7467	−0.004%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUALshort	0.0000%	1h	0.7466	−0.013%	$11K	$86K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7465	−0.021%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−1.031%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0075%	1h	0.7469	+0.023%	$344K	$493K	20x	as long as short
01 Exchange ASTERUSD	+0.0088%	1h	0.7467	0.000%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0095%	4h	0.7467	0.000%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7469	+0.031%	$921K	$881K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7464	−0.046%	$373K	$254K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7463	−0.049%	$256K	$68K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7466	−0.013%	$91.8M	$107.5M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7467	long leg	$50.0M	$21.9M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7469	+0.027%	$12.1M	$18.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7466	−0.013%	$6.5M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7465	−0.027%	$35.6M	$16.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7465	−0.025%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7467	0.000%	$18.4M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7463	−0.054%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7465	−0.031%	$221K	$444K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7451	−0.211%	$2.1M	$373K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7458	−0.116%	$457K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7457	−0.134%	$66K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7471	+0.054%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7466	−0.013%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7466	−0.013%	$244K	$110K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7465	−0.026%	$373K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0113%	4h	0.7453	−0.187%	$215K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0212%	1h	0.7474	+0.088%	$26.0M	$6.5M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7464	−0.041%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7457	−0.134%	$3.5M	$1.9M	75x	as long as short