Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.017%

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

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

Long on Bybit Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.041% dearer against Bybit than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTERUSDT	0.7383	0.0100	pay 0.0050% / 4h	2h 52m	$49.0M	$21.8M	75x
Short	dYdX ASTER-USD	0.7386	0	get 0.0000% / 1h	52m 43s	$13K	$61	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.041%Rate

Funding earned: −$21
Price spread: +0.041% → 0.000%: $4.06
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$37.94
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago	0.68 bp	11.9 bp −$12	35.1 bp −$351	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.

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	−0.0160%	1h	0.7389	+0.087%	$252K	$836K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.081%	$9	$54K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7386	+0.041%	$56.8M	$100.1M	200x	as long as short
dYdX ASTER-USDshort	0.0000%	1h	0.7386	+0.041%	$13K	$61	5x
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7392	+0.116%	$11K	$117K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7393	+0.141%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7388	+0.068%	$895K	$817K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7391	+0.108%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7395	+0.163%	$367K	$281K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7395	+0.165%	$253K	$109K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7382	−0.013%	$90.6M	$106.4M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7383	long leg	$49.0M	$21.8M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7385	+0.027%	$11.8M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7389	+0.081%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7382	−0.014%	$33.7M	$16.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7388	+0.061%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7384	+0.014%	$18.0M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7382	−0.014%	—	$9.6M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7406	+0.318%	$2.0M	$339K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7414	+0.426%	$457K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7404	+0.284%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7396	+0.176%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7391	+0.108%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7394	+0.149%	$242K	$118K	20x	as long as short
edgeX ASTERUSDC	+0.0101%	4h	0.7413	+0.401%	$214K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7387	+0.050%	$376K	$635K	25x	as long as short
Backpack ASTER_USDC_PERP	+0.0116%	1h	0.7396	+0.180%	$268K	$324K	10x	as long as short
01 Exchange ASTERUSD	+0.0168%	1h	0.7410	+0.366%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7396	+0.173%	$284K	$421K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7394	+0.149%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7387	+0.054%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0380%	1h	0.7395	+0.167%	$25.9M	$6.8M	5x	as long as short