Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.010%

Price spread now: dYdX against Bybit−0.212%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 dYdX

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—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.212% cheaper against Bybit than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTERUSDT	0.7255	0.0100	pay 0.0050% / 4h	41m 03s	$48.4M	$24.4M	75x
Short	dYdX ASTER-USD	0.7240	0	get 0.0000% / 1h	41m 03s	$14K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.212%Rate

Funding earned: −$21
Price spread: −0.212% → 0.000%: −$21.19
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$63.19
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago	0.69 bp	10.0 bp −$10	35.5 bp −$355	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.

ASTER on 32 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
Deribit ASTER_USDC-PERPETUAL	−0.0316%	1h	0.7241	−0.193%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0072%	1h	0.7238	−0.230%	$259K	$964K	50x	as long as short
01 Exchange ASTERUSD	−0.0032%	1h	0.7233	−0.303%	$8K	$4K	10x	as long as short
Aster ASTERUSDT	−0.0018%	4h	0.7245	−0.133%	$53.8M	$108.1M	200x	as long as short
dYdX ASTER-USDshort	0.0000%	1h	0.7240	−0.212%	$14K	$1K	5x
SoDEX ASTER-USD	+0.0005%	1h	0.7242	−0.179%	$13K	$8K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7242	−0.178%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.861%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0070%	4h	0.7244	−0.152%	$13K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7247	−0.117%	$876K	$919K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7242	−0.180%	$357K	$265K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7257	+0.030%	$25.1M	$6.7M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7241	−0.187%	$251K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7255	0.000%	$89.1M	$116.4M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7255	long leg	$48.4M	$24.4M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7261	+0.083%	$12.1M	$19.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7249	−0.083%	$6.4M	$5.5M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7244	−0.152%	$32.8M	$18.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7240	−0.208%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7255	0.000%	$17.7M	$7.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7248	−0.096%	—	$9.8M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7248	−0.103%	$215K	$492K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7237	−0.246%	$2.0M	$395K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7260	+0.069%	$456K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7262	+0.096%	$84K	$724K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7251	−0.055%	$2K	$1.7M	20x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7243	−0.165%	$241K	$134K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7259	+0.057%	$363K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0113%	4h	0.7261	+0.084%	$210K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0284%	1h	0.7247	−0.107%	$342K	$562K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7242	−0.177%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7246	−0.124%	$3.5M	$2.1M	75x	as long as short