Funding arb · Price arb /

H

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Aster+0.137%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$408as in the Price arb table

costs, in and out, $10k−$4164.165% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.077%−$8 on $10k

Price spread, last 4 days (all we have)−0.245%−$24 · spread now +0.137%, 7d avg +0.054%

Together, before fees−0.322%+ Points / potential airdropAster: Stage 5 · farm board−$32 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: OKX is 0.083% dearer against Aster than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HUSDT	0.06848	0.0100	pay 0.0050% / 4h	2h 53m	$113K	$54K	5x
Short	OKX H-USDT-SWAP	0.06857	0.0100	get 0.0050% / 4h	2h 53m	$1.7M	$6.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Aster. 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 AsterbpFee OKXbpOrdersPrice spread, now +0.137%Rate

Funding earned: $0
Price spread: +0.137% → +0.054%: $8.33
Slippage, 4 orders: −$398.48
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$408.15
Costs to cover: 4.165%
Break-even: never at this rate

Slippage from Aster: live order book, 12 min ago; OKX: live order book, 4 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 Aster live order book, 12 min ago	4.36 bp	58.9 bp −$59	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	5.80 bp	31.2 bp −$31	256.1 bp −$2,561	doesn't fit	doesn't fit

H on 14 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 H/USDC PERP	+0.0033%	1h	0.06250	−8.727%	$1K	$1	5.5x	as long as short
BloFin H-USDT	+0.0071%	4h	0.06849	+0.020%	$583K	$115K	25x	as long as short
Aster HUSDTlong	+0.0100%	4h	0.06848	long leg	$113K	$54K	5x
Binance HUSDT	+0.0100%	4h	0.06851	+0.055%	$14.7M	$10.8M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06841	−0.095%	$7.5M	$4.7M	13x	as long as short
OKX H-USDT-SWAPshort	+0.0100%	4h	0.06857	+0.137%	$1.7M	$6.0M	10x
Gate H_USDT	+0.0100%	4h	0.06838	−0.140%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06852	+0.064%	$6.1M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06847	−0.009%	$1.6M	$10.0M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06828	−0.286%	$1.7M	$450K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.06864	+0.239%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06868	+0.304%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06860	+0.180%	$1.1M	$440K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06846	−0.030%	$11K	$103K	5x	as long as short