Funding arb · Price arb /

ATH

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Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.031%

Price spread now: Aster against dYdX−0.105%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Aster

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 days—no price history on both exchanges yet

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

Funding pays, the price is against you. Aster is 0.105% cheaper against dYdX than usual: you would sell low and buy high (spread −0.105% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.5 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ATH-USD	0.005484	0	get 0.0000% / 1h	2m 30s	$11K	$58	5x
Short	Aster ATHUSDT	0.005478	0.0100	get 0.0050% / 4h	3h 02m	$4K	$40K	5x

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

Position, each leg$Hold fordaysFee dYdXbpFee AsterbpOrdersPrice spread, now −0.105%Rate

Funding earned: $21
Price spread: −0.105% → 0.000%: −$10.5
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$7.5
Costs to cover: 0.180%
Break-even: 9.5 days

Slippage unknown: dYdX: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy dYdX no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

dYdX and 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.

ATH on 13 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
Kraken Futures PF_ATHUSD	−0.2150%	1h	0.005476	−0.154%	$19K	$106K	10x	as long as short
Variational Omni ATH	−0.0094%	4h	0.005484	0.000%	$184K	$93K	—	as long as short
dYdX ATH-USDlong	0.0000%	1h	0.005484	long leg	$11K	$58	5x
Aster ATHUSDTshort	+0.0100%	4h	0.005478	−0.105%	$4K	$40K	5x
Binance ATHUSDT	+0.0100%	4h	0.005478	−0.117%	$3.3M	$4.3M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005466	−0.329%	$4.3M	$2.6M	25x	as long as short
OKX ATH-USDT-SWAP	+0.0100%	4h	0.005467	−0.311%	$704K	$1.3M	20x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005471	−0.238%	$783K	$602K	30x	as long as short
MEXC ATH_USDT	+0.0100%	4h	0.005479	−0.092%	$8.9M	$647K	50x	as long as short
KuCoin ATHUSDTM	+0.0100%	4h	0.005483	−0.019%	$554K	$77K	30x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ATHUSDT	+0.0100%	4h	0.005477	−0.129%	$1.6M	$906K	25x	as long as short
BingX ATH-USDT	+0.0100%	4h	0.005473	−0.202%	—	$21.4M	—	as long as short
BloFin ATH-USDT	+0.0107%	4h	0.005484	−0.001%	$164K	$68K	75x	as long as short