Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%

Price spread now: KuCoin against BingX−0.033%7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$610.609% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$10 on $10k

Price spread, last 7 days+0.042%+$4 · spread now −0.033%, 7d avg +0.018%

Together, before fees−0.063%−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.051% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ASTER-USDT	0.7301	0.0100	pay 0.0050% / 4h	29m 22s	—	$9.8M	—
Short	KuCoin ASTERUSDTM	0.7299	0.0100	get 0.0050% / 4h	29m 22s	$10.8M	$3.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → +0.018%: −$5.07
Slippage, 4 orders: −$38.93
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$66
Costs to cover: 0.609%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 4 min ago.

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 BingX live order book, 9 min ago	2.08 bp	8.5 bp −$8	12.7 bp −$127	31.6 bp −$3,159	204.8 bp −$102.4K
Sell KuCoin live order book, 4 min ago	4.74 bp	27.5 bp −$28	70.4 bp −$704	doesn't fit	doesn't fit

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	−0.0072%	1h	0.7309	+0.105%	$255K	$988K	50x	as long as short
01 Exchange ASTERUSD	−0.0048%	1h	0.7303	+0.027%	$8K	$4K	10x	as long as short
Aster ASTERUSDT	−0.0005%	4h	0.7302	+0.011%	$53.3M	$109.5M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7302	+0.008%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7307	+0.081%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7303	+0.030%	$31K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.219%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0069%	4h	0.7307	+0.082%	$14K	$845	10x	as long as short
SoDEX ASTER-USD	+0.0073%	1h	0.7307	+0.082%	$13K	$8K	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7313	+0.167%	$884K	$921K	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	0.7303	+0.029%	$360K	$265K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7312	+0.149%	$25.4M	$6.9M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7303	+0.034%	$254K	$80K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7301	+0.006%	$89.4M	$118.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7304	+0.041%	$49.0M	$24.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7303	+0.027%	$12.2M	$19.7M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7305	+0.055%	$6.4M	$5.6M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7308	+0.096%	$33.5M	$18.8M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7299	−0.033%	$10.8M	$3.3M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7301	0.000%	$17.8M	$7.4M	50x	as long as short
BingX ASTER-USDTlong	+0.0100%	4h	0.7301	long leg	—	$9.8M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7321	+0.270%	$219K	$494K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7288	−0.175%	$2.1M	$395K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7291	−0.142%	$456K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7279	−0.301%	$88K	$726K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7313	+0.164%	$2K	$1.7M	20x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7308	+0.096%	$243K	$140K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7300	−0.011%	$365K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7288	−0.172%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0282%	1h	0.7313	+0.158%	$341K	$578K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7304	+0.036%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7288	−0.178%	$3.5M	$2.1M	75x	as long as short