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 −0.001%

Price spread now: MEXC against BingX+0.067%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$200.198% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 7 days−0.082%−$8 · spread now +0.067%, 7d avg +0.012%

Together, before fees−0.138%−$14 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: MEXC is 0.056% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ASTER-USDT	0.7432	0.0100	pay 0.0050% / 4h	3h 43m	—	$9.6M	—
Short	MEXC ASTER_USDT	0.7437	0.0100	get 0.0050% / 4h	3h 43m	$35.1M	$16.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.067%Rate

Funding earned: $0
Price spread: +0.067% → +0.012%: $5.57
Slippage, 4 orders: −$9.75
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$14.18
Costs to cover: 0.198%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 5 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, 4 min ago	2.02 bp	7.0 bp −$7	9.6 bp −$96	25.8 bp −$2,580	164.5 bp −$82.2K
Sell MEXC live order book, 5 min ago	0.67 bp	2.7 bp −$3	6.5 bp −$65	32.9 bp −$3,288	132.5 bp −$66.2K

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
Backpack ASTER_USDC_PERP	−0.0085%	1h	0.7418	−0.191%	$214K	$404K	10x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7416	−0.217%	$264K	$862K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7428	−0.056%	$56.4M	$100.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7426	−0.082%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7422	−0.140%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7428	−0.058%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.565%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0076%	1h	0.7426	−0.078%	$341K	$486K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7428	−0.054%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7434	+0.032%	$917K	$879K	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	0.7442	+0.135%	$372K	$261K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7432	0.000%	$255K	$103K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7440	+0.114%	$91.3M	$108.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7438	+0.081%	$49.8M	$22.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7440	+0.108%	$12.0M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7429	−0.040%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7437	+0.067%	$35.1M	$16.6M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7431	−0.019%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7436	+0.054%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDTlong	+0.0100%	4h	0.7432	long leg	—	$9.6M	—
Variational Omni ASTER	+0.0100%	4h	0.7423	−0.116%	$2.1M	$373K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7432	−0.001%	$462K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7432	0.000%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7434	+0.027%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7422	−0.135%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7435	+0.040%	$243K	$111K	20x	as long as short
edgeX ASTERUSDC	+0.0102%	4h	0.7428	−0.057%	$214K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7432	−0.003%	$372K	$641K	25x	as long as short
01 Exchange ASTERUSD	+0.0104%	1h	0.7441	+0.121%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0239%	1h	0.7438	+0.086%	$25.8M	$6.9M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7423	−0.123%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7423	−0.121%	$3.5M	$1.9M	75x	as long as short