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 −0.008%

Price spread now: KuCoin against Bybit−0.082%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$610.606% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 7 days+0.127%+$13 · spread now −0.082%, 7d avg +0.013%

Together, before fees+0.110%+$11 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 0.095% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTERUSDT	0.7459	0.0100	pay 0.0050% / 4h	55m 12s	$49.9M	$21.8M	75x
Short	KuCoin ASTERUSDTM	0.7453	0.0100	get 0.0050% / 4h	55m 12s	$11.1M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now −0.082%Rate

Funding earned: $0
Price spread: −0.082% → +0.013%: −$9.51
Slippage, 4 orders: −$37.61
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$70.13
Costs to cover: 0.606%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 3 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 Bybit live order book, 4 min ago	0.67 bp	10.9 bp −$11	37.9 bp −$379	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	1.81 bp	19.1 bp −$19	doesn't fit	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	0.7447	−0.161%	$260K	$846K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7454	−0.067%	$56.9M	$99.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7451	−0.107%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7460	+0.011%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7458	−0.010%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7463	+0.058%	$337K	$489K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.925%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7463	+0.060%	$924K	$883K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7455	−0.054%	$373K	$269K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7455	−0.052%	$255K	$107K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7459	+0.002%	$91.3M	$106.9M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7459	long leg	$49.9M	$21.8M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7460	+0.013%	$12.0M	$18.7M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7456	−0.040%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7458	−0.013%	$34.5M	$16.4M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7453	−0.082%	$11.1M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7460	+0.013%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7458	−0.013%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7451	−0.101%	$268K	$327K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7440	−0.248%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7443	−0.215%	$458K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7438	−0.282%	$66K	$714K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7461	+0.027%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7466	+0.094%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7459	0.000%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7456	−0.040%	$244K	$119K	20x	as long as short
edgeX ASTERUSDC	+0.0100%	4h	0.7442	−0.235%	$215K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7457	−0.027%	$378K	$635K	25x	as long as short
01 Exchange ASTERUSD	+0.0168%	1h	0.7461	+0.027%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0300%	1h	0.7465	+0.082%	$25.9M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7460	+0.009%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7449	−0.134%	$3.5M	$1.9M	75x	as long as short