Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.018%

Price spread now: Bybit against dYdX−0.053%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Bybit

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

Funding pays, the price is against you. Bybit is 0.053% cheaper against dYdX than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ASTER-USD	0.7439	0	get 0.0000% / 1h	11m 17s	$13K	$61	5x
Short	Bybit ASTERUSDT	0.7435	0.0100	get 0.0050% / 4h	11m 17s	$49.7M	$22.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against dYdX. 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 dYdXbpFee BybitbpOrdersPrice spread, now −0.053%Rate

Funding earned: $21
Price spread: −0.053% → 0.000%: −$5.32
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$5.32
Costs to cover: 0.210%
Break-even: 8.8 days

Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 3 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Bybit live order book, 3 min ago	0.67 bp	10.3 bp −$10	38.4 bp −$384	186.5 bp −$18.7K	doesn't fit

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	−0.0136%	1h	0.7447	+0.101%	$260K	$855K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7437	−0.029%	$56.6M	$100.4M	200x	as long as short
dYdX ASTER-USDlong	0.0000%	1h	0.7439	long leg	$13K	$61	5x
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7435	−0.053%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7435	−0.056%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7437	−0.028%	$336K	$486K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.658%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7442	+0.040%	$922K	$884K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7439	+0.001%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7443	+0.061%	$372K	$267K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7440	+0.019%	$255K	$104K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7436	−0.042%	$91.1M	$107.5M	75x	as long as short
Bybit ASTERUSDTshort	+0.0100%	4h	0.7435	−0.053%	$49.7M	$22.1M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7435	−0.053%	$12.0M	$18.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7439	+0.001%	$6.3M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7437	−0.026%	$35.1M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7439	+0.006%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7436	−0.040%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7433	−0.080%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7436	−0.038%	$219K	$400K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7432	−0.088%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7443	+0.052%	$456K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7442	+0.041%	$66K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7443	+0.054%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7433	−0.080%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7442	+0.041%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7436	−0.045%	$374K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0117%	4h	0.7441	+0.032%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7438	−0.013%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7434	−0.068%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0331%	1h	0.7444	+0.073%	$25.9M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7441	+0.027%	$3.5M	$1.9M	75x	as long as short