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

ALGO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0834%/8h= −91.3% APRpaid last 24h −0.529%
Price spread now: Aster against dYdX−0.098%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Aster is 0.098% cheaper against dYdX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ALGO-USD0.11070.0934pay 0.0117% / 1h3m 09s$160K$5K5x
ShortAster ALGOUSDT0.11060.0100get 0.0100% / 8h1h 03m$44K$36K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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
−$175.13
Price spread: −0.098% → 0.000%
−$9.78
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$202.91
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: dYdX: live order book, 41 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 41 min ago132.05 bp143.0 bp −$143236.5 bp −$2,365256.3 bp −$25.6K903.1 bp −$451.5K
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.

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-PERPETUAL−0.0292%1h0.1106−0.075%$87K$45K25xas long as short
Kraken Futures PF_ALGOUSD−0.0273%1h0.1107−0.003%$822K$1.1M50xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1107+0.004%$16K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+1.208%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1108+0.083%$3.4M$2.3M5xas long as short
Aster ALGOUSDTshort+0.0100%8h0.1106−0.098%$44K$36K5x
Binance ALGOUSDT+0.0100%8h0.1105−0.104%$9.4M$34.4M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1105−0.183%$10.9M$12.7M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1106−0.093%$2.7M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1105−0.147%$834K$951K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1105−0.111%$23.0M$3.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1106−0.084%$3.5M$1.4M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1107+0.034%$5.5M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1106−0.084%$3.4Mas long as short
Variational Omni ALGO+0.0100%8h0.1107+0.057%$61K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1106−0.039%$60K$133K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1108+0.124%$3.7M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1105−0.128%$4K$199K10xas long as short
Coinbase International ALGO-PERP-INTX+0.0136%1h0.1109+0.259%$63K$193K50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1105−0.111%$471K$871K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0318% / S −0.0264%1h0.1106−0.024%$6K100xas long as short
dYdX ALGO-USDlong+0.0934%1h0.1107long leg$160K$5K5x