Funding arb · Price arb /

2Z

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%

Price spread now: Aster against KuCoin+0.162%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.162% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin 2ZUSDTM	0.05190	0.0100	pay 0.0050% / 4h	2h 38m	$178K	$51K	50x
Short	Aster 2ZUSDT	0.05199	0.0100	get 0.0050% / 4h	2h 38m	$12K	$57K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.162%Rate

Funding earned: $0
Price spread: +0.162% → 0.000%: $16.24
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$3.76
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 17 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 17 min ago	18.36 bp	70.8 bp −$71	686.7 bp −$6,867	doesn't fit	doesn't fit
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.

2Z on 17 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
Backpack 2Z_USDC_PERP	−0.0863%	1h	0.05180	−0.202%	$45K	$20K	5x	as long as short
Injective 2Z/USDC PERP	+0.0033%	1h	0.04980	−4.055%	$867	$213	5.5x	as long as short
Lighter 2Z	+0.0096%	1h	0.05204	+0.260%	$16K	$6K	3x	as long as short
Hyperliquid 2Z	+0.0100%	1h	0.05195	+0.089%	$654K	$350K	3x	as long as short
Aster 2ZUSDTshort	+0.0100%	4h	0.05199	+0.162%	$12K	$57K	5x
Pacifica 2Z	+0.0100%	1h	0.05189	−0.037%	$75K	$15K	3x	as long as short
Binance 2ZUSDT	+0.0100%	4h	0.05197	+0.125%	$2.1M	$2.0M	50x	as long as short
Bybit 2ZUSDT	+0.0100%	4h	0.05200	+0.183%	$707K	$943K	50x	as long as short
OKX 2Z-USDT-SWAP	+0.0100%	4h	0.05198	+0.144%	$443K	$692K	20x	as long as short
Gate 2Z_USDT	+0.0100%	4h	0.05190	−0.010%	$90K	$60K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC 2Z_USDT	+0.0100%	4h	0.05198	+0.144%	$323K	$126K	50x	as long as short
KuCoin 2ZUSDTMlong	+0.0100%	4h	0.05190	long leg	$178K	$51K	50x
Bitget 2ZUSDT	+0.0100%	4h	0.05194	+0.067%	$147K	$638K	50x	as long as short
BingX 2Z-USDT	+0.0100%	4h	0.05196	+0.106%	—	$6.5M	—	as long as short
Variational Omni 2Z	+0.0100%	4h	0.05200	+0.177%	$33K	$23K	—	as long as short
SunX 2Z-USDT	+0.0100%	4h	0.05201	+0.202%	$1K	$1.1M	20x	as long as short
Kraken Futures PF_2ZUSD	+0.0515%	1h	0.05180	−0.195%	$5K	$3K	10x	as long as short