Funding arb · Price arb /

BX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Aster+0.097%7-day average — · you sell dearer than you buy

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

Long on Aster 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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.097% dearer against Aster than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BXUSDT	126.45	0	get 0.0000% / 8h	7h 18m	$5K	$2K	20x
Short	Bybit BXUSDT	126.57	0	get 0.0000% / 8h	7h 18m	$487K	$866K	25x

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

Position, each leg$Hold fordaysFee AsterbpFee BybitbpOrdersPrice spread, now +0.097%Rate

Funding earned: $0
Price spread: +0.097% → 0.000%: $9.66
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$9.34
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Bybit: live order book, 52 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 Aster no order-book sample	—	—	—	—	—
Sell Bybit live order book, 52 min ago	2.76 bp	98.0 bp −$98	212.6 bp −$2,126	doesn't fit	doesn't fit

Aster: 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.

BX 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
Aster BXUSDTlong	0.0000%	8h	126.45	long leg	$5K	$2K	20x
Bybit BXUSDTshort	0.0000%	8h	126.57	+0.097%	$487K	$866K	25x
QFEX BX-USD	0.0000%	1h	127.02	+0.452%	$1.1M	$1.4M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.63	+0.144%	$424K	$27K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.64	+0.152%	$899K	$39K	20x	as long as short
SunX BX-USDT	0.0000%	8h	126.54	+0.073%	$968	$306K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.60	+0.120%	$7K	$3K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	138.73	+9.713%	$4K	$32K	12x	as long as short
OKX BX-USDT-SWAP	+0.0231%	8h	126.48	+0.025%	$164K	$111K	20x	as long as short
tradeXYZ xyz:BX	+0.0303%	1h	126.46	+0.010%	$665K	$209K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BXUSDTM	+0.1100%	8h	126.43	−0.014%	$110K	$1.1M	20x	as long as short
Variational Omni BX	+0.1322%	8h	126.53	+0.064%	$31K	$127	—	as long as short
Binance BXUSDT	+0.1692%	8h	126.52	+0.061%	$793K	$484K	20x	as long as short
GRVT BX_USDT_Perp	+0.1894%	8h	126.60	+0.124%	$737	$121K	10x	as long as short