Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%

Price spread now: Nado against Bitget−0.054%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$370.366% of the position

Long on Bitget Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.014%+$1 on $10k

Price spread, last 3 days (all we have)+0.271%+$27 · spread now −0.054%, 7d avg +0.043%

Together, before fees+0.285%+ Points / potential airdropNado: Active · farm board+$29 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: Nado is 0.097% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ASTERUSDT	0.7433	0.0100	pay 0.0050% / 4h	1h 01m	$18.3M	$6.4M	50x
Short	Nado ASTER-PERP	0.7429	0.0100	get 0.0012% / 1h	1m 07s	$373K	$269K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.054%Rate

Funding earned: $0
Price spread: −0.054% → +0.043%: −$9.67
Slippage, 4 orders: −$17.65
Fee Bitget: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$46.32
Costs to cover: 0.366%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Nado: live order book, 17 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, 3 min ago	1.35 bp	10.6 bp −$11	21.7 bp −$217	68.9 bp −$6,892	doesn't fit
Sell Nado live order book, 17 min ago	0.68 bp	6.8 bp −$7	31.8 bp −$318	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	0.7406	−0.361%	$260K	$839K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7432	−0.013%	$56.8M	$99.9M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7431	−0.022%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7430	−0.042%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7390	−0.579%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0048%	1h	0.7429	−0.054%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7436	+0.036%	$922K	$882K	5x	as long as short
Nado ASTER-PERPshort	+0.0100%	1h	0.7429	−0.054%	$373K	$269K	5x
Pacifica ASTER	+0.0100%	1h	0.7434	+0.011%	$255K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7430	−0.040%	$91.0M	$106.9M	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	0.7432	−0.013%	$49.8M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7434	+0.013%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7431	−0.027%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7429	−0.054%	$34.5M	$16.5M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7430	−0.044%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDTlong	+0.0100%	4h	0.7433	long leg	$18.3M	$6.4M	50x
BingX ASTER-USDT	+0.0100%	4h	0.7434	+0.013%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7434	+0.013%	$265K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7413	−0.262%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7419	−0.193%	$457K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7422	−0.148%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7436	+0.040%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7436	+0.040%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7430	−0.040%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7425	−0.108%	$243K	$119K	20x	as long as short
edgeX ASTERUSDC	+0.0104%	4h	0.7424	−0.125%	$214K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7427	−0.077%	$378K	$635K	25x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7432	−0.013%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0146%	1h	0.7434	+0.009%	$336K	$489K	20x	as long as short
Hyperliquid ASTER	+0.0151%	1h	0.7437	+0.048%	$25.8M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7432	−0.020%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7436	+0.040%	$3.5M	$1.9M	75x	as long as short