Funding arb · Price arb /

BX

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Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Aster against Bybit−0.228%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Aster

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: Aster is 0.228% cheaper against Bybit than usual: you would sell low and buy high, −$23 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	Bybit BXUSDT	126.69	0	get 0.0000% / 8h	3m 15s	$489K	$864K	25x
Short	Aster BXUSDT	126.40	0	get 0.0000% / 8h	3m 15s	$5K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now −0.228%Rate

Funding earned: $0
Price spread: −0.228% → 0.000%: −$22.76
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$41.76
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 7 min ago; Aster: 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, 7 min ago	2.76 bp	59.8 bp −$60	209.5 bp −$2,095	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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 BXUSDTshort	0.0000%	8h	126.40	−0.228%	$5K	$2K	20x
Bybit BXUSDTlong	0.0000%	8h	126.69	long leg	$489K	$864K	25x
QFEX BX-USD	0.0000%	1h	126.51	−0.142%	$1.1M	$1.3M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.77	+0.063%	$426K	$27K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.72	+0.024%	$903K	$44K	20x	as long as short
SunX BX-USDT	0.0000%	8h	126.55	−0.111%	$750	$305K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.63	−0.047%	$7K	$3K	20x	as long as short
tradeXYZ xyz:BX	+0.0217%	1h	126.48	−0.166%	$666K	$187K	10x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	138.57	+9.377%	$4K	$32K	12x	as long as short
OKX BX-USDT-SWAP	+0.0302%	8h	126.46	−0.182%	$162K	$109K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BXUSDTM	+0.1191%	8h	126.41	−0.221%	$112K	$1.1M	20x	as long as short
Variational Omni BX	+0.1251%	8h	126.54	−0.120%	$31K	$127	—	as long as short
Binance BXUSDT	+0.1611%	8h	126.53	−0.126%	$795K	$471K	20x	as long as short
GRVT BX_USDT_Perp	+0.2306%	8h	126.57	−0.095%	$997	$123K	10x	as long as short