Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: dYdX against Aster+0.089%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 dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. dYdX is 0.089% dearer against Aster than usual: you sell high and buy low (spread +0.089% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ARBUSDT	0.2248	0.0100	pay 0.0100% / 8h	7h 33m	$699K	$1.6M	20x
Short	dYdX ARB-USD	0.2250	0	get 0.0000% / 1h	33m 20s	$66K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.089%Rate

Funding earned: −$21
Price spread: +0.089% → 0.000%: $8.9
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$30.1
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 min ago; dYdX: 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 Aster live order book, 5 min ago	4.22 bp	15.6 bp −$16	49.9 bp −$499	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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.

ARB on 36 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 ARB/USDC PERP	−0.1666%	1h	0.2233	−0.650%	$40K	$372K	12x	as long as short
Variational Omni ARB	−0.0212%	8h	0.2242	−0.253%	$1.9M	$2.8M	—	as long as short
Bybit ARBUSDT	−0.0154%	8h	0.2246	−0.071%	$58.0M	$126.5M	50x	as long as short
01 Exchange ARBUSD	−0.0144%	1h	0.2245	−0.116%	$7K	$2K	10x	as long as short
Kraken Futures PF_ARBUSD	−0.0138%	1h	0.2249	+0.048%	$1.1M	$4.9M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0120%	8h	0.2246	−0.062%	$22.6M	$156.3M	50x	as long as short
MEXC ARB_USDT	−0.0119%	8h	0.2246	−0.062%	$38.4M	$59.0M	200x	as long as short
SoDEX ARB-USD	−0.0089%	1h	0.2246	−0.080%	$4K	$2.5M	5x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0062%	1h	0.2246	−0.053%	$25K	$34K	25x	as long as short
Orderly PERP_ARB_USDC	−0.0045%	8h	0.2246	−0.071%	$12K	$386K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDT	−0.0009%	8h	0.2247	−0.040%	$66.2M	$310.0M	75x	as long as short
Extended ARB-USD	−0.0008%	1h	0.2246	−0.083%	$357K	$3.5M	25x	as long as short
dYdX ARB-USDshort	0.0000%	1h	0.2250	+0.089%	$66K	$4K	10x
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2248	0.000%	$32K	—	150x	as long as short
BingX ARB-USDT	+0.0061%	8h	0.2246	−0.049%	—	$54.0M	—	as long as short
Bitget ARBUSDT	+0.0068%	8h	0.2246	−0.071%	$21.4M	$35.7M	50x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2248	−0.004%	$143K	$7K	3x	as long as short
Phemex ARBUSDT	+0.0086%	8h	0.2246	−0.071%	$5.1M	$13.0M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2251	+0.129%	$1.4M	$7.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2249	+0.053%	$40.5M	$47.3M	10x	as long as short
Aster ARBUSDTlong	+0.0100%	8h	0.2248	long leg	$699K	$1.6M	20x
Pacifica ARB	+0.0100%	1h	0.2249	+0.071%	$44K	$186K	10x	as long as short
Gate ARB_USDT	+0.0100%	8h	0.2247	−0.040%	$5.4M	$19.8M	60x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2247	−0.018%	$19.6M	$15.9M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2242	−0.254%	$40K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2241	−0.294%	$479K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2248	+0.018%	$121K	$296K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2247	−0.009%	$64K	$2.0M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2247	−0.027%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2246	−0.067%	$292K	$975K	50x	as long as short
BloFin ARB-USDT	+0.0111%	8h	0.2241	−0.276%	$3.1M	$2.8M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0232%	1h	0.2247	−0.027%	$506K	$2.2M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0288% / S −0.0175%	1h	0.2248	0.000%	$890K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2245	−0.102%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0384%	1h	0.2248	+0.033%	$514K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0474%	1h	0.2250	+0.120%	$1.0M	$2.8M	20x	as long as short