Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%

Price spread now: KuCoin against Bitget−0.059%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$650.650% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 7 days+0.056%+$6 · spread now −0.059%, 7d avg +0.020%

Together, before fees+0.008%+$1 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 0.079% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ASTERUSDT	0.7406	0.0100	pay 0.0050% / 4h	1h 54m	$18.2M	$6.3M	50x
Short	KuCoin ASTERUSDTM	0.7402	0.0100	get 0.0050% / 4h	1h 54m	$11.0M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → +0.020%: −$7.9
Slippage, 4 orders: −$41.01
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$72.91
Costs to cover: 0.650%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 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 Bitget live order book, 4 min ago	1.36 bp	11.1 bp −$11	25.3 bp −$253	65.4 bp −$6,544	doesn't fit
Sell KuCoin live order book, 4 min ago	6.57 bp	24.7 bp −$25	67.1 bp −$671	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	−0.0136%	1h	0.7390	−0.221%	$251K	$827K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0047%	1h	0.7403	−0.043%	$11K	$87K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7402	−0.052%	$56.6M	$99.9M	200x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7403	−0.043%	$30K	—	150x	as long as short
dYdX ASTER-USD	+0.0014%	1h	0.7403	−0.037%	$13K	$61	5x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.054%	$9	$96K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7405	−0.011%	$911K	$849K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7397	−0.126%	$370K	$277K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7404	−0.028%	$254K	$108K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7393	−0.176%	$90.5M	$107.0M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7393	−0.176%	$49.5M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7394	−0.162%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7402	−0.054%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7400	−0.081%	$33.9M	$16.2M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7402	−0.059%	$11.0M	$3.1M	75x
Bitget ASTERUSDTlong	+0.0100%	4h	0.7406	long leg	$18.2M	$6.3M	50x
BingX ASTER-USDT	+0.0100%	4h	0.7400	−0.081%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7405	−0.020%	$265K	$322K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7395	−0.150%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7380	−0.349%	$463K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7386	−0.270%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7407	+0.014%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7405	−0.014%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7401	−0.068%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7402	−0.054%	$242K	$118K	20x	as long as short
edgeX ASTERUSDC	+0.0100%	4h	0.7387	−0.253%	$213K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7401	−0.071%	$376K	$635K	25x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7402	−0.054%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7406	−0.006%	$285K	$420K	20x	as long as short
Hyperliquid ASTER	+0.0242%	1h	0.7409	+0.047%	$25.8M	$6.7M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7403	−0.047%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7399	−0.095%	$3.5M	$1.8M	75x	as long as short