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

ALGO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0839%/8h= −91.9% APRpaid last 24h −0.111%
Price spread now: Deribit against Aster+0.017%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$25 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ALGOUSDT0.11110.0100pay 0.0100% / 8h7h 33m$44K$37K5x
ShortDeribit ALGO_USDC-PERPETUAL0.1111−0.0739pay 0.0092% / 1h33m 15s$88K$46K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$176.19
Price spread: +0.017% → 0.000%
$1.74
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$189.45
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Deribit no order-book sample
Aster and Deribit: 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.

ALGO on 22 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
Deribit ALGO_USDC-PERPETUALshort−0.0739%1h0.1111+0.017%$88K$46K25x
Kraken Futures PF_ALGOUSD−0.0025%1h0.1112+0.057%$827K$1.1M50xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1115+0.343%$16K150xas long as short
Gate ALGO_USDT+0.0010%8h0.1111−0.028%$836K$918K50xas long as short
Bybit ALGOUSDT+0.0030%8h0.1110−0.118%$11.1M$13.1M75xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.782%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1112+0.082%$3.4M$2.4M5xas long as short
Aster ALGOUSDTlong+0.0100%8h0.1111long leg$44K$37K5x
Binance ALGOUSDT+0.0100%8h0.1111−0.055%$9.5M$34.6M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1111−0.055%$2.7M$7.8M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1110−0.091%$23.6M$3.3M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1111−0.037%$3.4M$1.4M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1110−0.118%$5.5M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1110−0.073%$3.4Mas long as short
Variational Omni ALGO+0.0100%8h0.1114+0.212%$61K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1111−0.037%$58K$137K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1113+0.152%$3.7M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1110−0.074%$7K$198K10xas long as short
Coinbase International ALGO-PERP-INTX+0.0144%1h0.1119+0.728%$63K$195K50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1110−0.118%$475K$829K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0323% / S −0.0272%1h0.1112+0.049%$6K100xas long as short
dYdX ALGO-USD+0.1321%1h0.1112+0.091%$161K$6K5xas long as short