Settings8H · net · $10k
Funding arb · Price arb /

S

all S markets
SwapBacktest
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 +0.118%
Price spread now: Bybit against Aster−0.124%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$298as in the Price arb table
costs, in and out, $10k−$3002.999% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.288%+$29 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.124%, 7d avg −0.143%
Together, before fees+0.227%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SUSDT0.039720.0100pay 0.0050% / 4h3h 49m$43K$141K10x
ShortBybit SUSDT0.039670.0100get 0.0050% / 4h3h 49m$5.7M$5.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: −0.124% → −0.143%
$1.82
Slippage, 4 orders
−$280.87
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$298.04
Costs to cover
2.999%
Break-even
never at this rate
Slippage from Aster: live order book, 22 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 22 min ago40.58 bp182.9 bp −$183doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.53 bp25.1 bp −$2570.9 bp −$709doesn't fitdoesn't fit

S on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUSD−0.8968%1h0.03840−3.322%$23K$2K5xas long as short
Kraken Futures PF_SUSD−0.2038%1h0.03964−0.207%$34K$23K10xas long as short
Coinbase International S-PERP-INTX−0.1240%1h0.03826−3.674%$47K$5K25xas long as short
Variational Omni S−0.1022%4h0.03957−0.366%$615K$31Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.03974+0.047%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03969−0.064%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03972+0.008%$612150xas long as short
Orderly PERP_S_USDC+0.0024%4h0.03971−0.024%$101K$336K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+3.224%$2K$37K12xas long as short
Lighter S+0.0096%1h0.03972+0.002%$161K$190K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03971−0.024%$994K$646K5xas long as short
Aster SUSDTlong+0.0100%4h0.03972long leg$43K$141K10x
Binance SUSDT+0.0100%4h0.03970−0.049%$5.4M$16.3M75xas long as short
Bybit SUSDTshort+0.0100%4h0.03967−0.124%$5.7M$5.1M50x
OKX S-USDT-SWAP+0.0100%4h0.03970−0.049%$981K$4.7M20xas long as short
Gate S_USDT+0.0100%4h0.03965−0.175%$324K$216K50xas long as short
MEXC S_USDT+0.0100%4h0.03970−0.049%$3.7M$1.9M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03972+0.002%$1.8M$2.9M50xas long as short
Bitget SUSDT+0.0100%4h0.03970−0.049%$1.2M$2.4M50xas long as short
BingX S-USDT+0.0100%4h0.03970−0.049%$6.7Mas long as short
Backpack S_USDC_PERP+0.0100%1h0.03970−0.049%$115K$317K5xas long as short
ApeX Omni SUSDT+0.0100%1h0.03970−0.049%$26K$450K50xas long as short
Extended S-USD+0.0104%1h0.03968−0.088%$226K$968K10xas long as short
BloFin S-USDT+0.0340%4h0.03963−0.225%$267K$125K75xas long as short
Deribit S_USDC-PERPETUAL+0.0505%1h0.03975+0.077%$67K$10K10xas long as short