Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.046%

Price spread now: Bybit against Deribit+0.008%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.246%+$25 on $10k

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

Together, before fees—needs 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: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ASTER_USDC-PERPETUAL	0.7455	0	get 0.0000% / 1h	11m 55s	$11K	$86K	25x
Short	Bybit ASTERUSDT	0.7456	0.0100	get 0.0050% / 4h	3h 11m	$49.7M	$22.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Deribit. 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 DeribitbpFee BybitbpOrdersPrice spread, now +0.008%Rate

Funding earned: $21
Price spread: +0.008% → 0.000%: $0.8
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $3.8
Costs to cover: 0.180%
Break-even: 5.7 days

Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 2 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell Bybit live order book, 2 min ago	0.67 bp	13.4 bp −$13	46.9 bp −$469	203.8 bp −$20.4K	doesn't fit

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.

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
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7456	+0.009%	$265K	$853K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7457	+0.022%	$56.4M	$99.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7453	−0.039%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7455	long leg	$11K	$86K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7457	+0.026%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.877%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0075%	1h	0.7461	+0.079%	$342K	$496K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0095%	4h	0.7458	+0.035%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7461	+0.074%	$920K	$881K	5x	as long as short
01 Exchange ASTERUSD	+0.0096%	1h	0.7456	+0.008%	$8K	$4K	10x	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	0.7454	−0.017%	$373K	$254K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7459	+0.054%	$255K	$68K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7457	+0.021%	$91.7M	$107.7M	75x	as long as short
Bybit ASTERUSDTshort	+0.0100%	4h	0.7456	+0.008%	$49.7M	$22.1M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7460	+0.062%	$12.1M	$18.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7458	+0.035%	$6.5M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7459	+0.048%	$35.7M	$17.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7458	+0.036%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7456	+0.008%	$18.4M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7459	+0.048%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7455	0.000%	$217K	$450K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7445	−0.135%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7458	+0.036%	$461K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7460	+0.062%	$67K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7464	+0.115%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7456	+0.008%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7455	−0.005%	$244K	$110K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7454	−0.014%	$373K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7455	−0.006%	$215K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0215%	1h	0.7465	+0.127%	$26.0M	$6.5M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7455	−0.007%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7460	+0.062%	$3.5M	$1.8M	75x	as long as short