Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%

Price spread now: MEXC against Extended−0.057%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$140.143% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.057%, 7d avg −0.001%

Together, before fees+0.031%+ Points / potential airdropExtended: Active · farm board+$3 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% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7228	0.0096	pay 0.0012% / 1h	41m 27s	$364K	$637K	25x
Short	MEXC ASTER_USDT	0.7224	0.0100	get 0.0050% / 4h	2h 41m	$33.9M	$20.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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 ExtendedbpFee MEXCbpOrdersPrice spread, now −0.057%Rate

Funding earned: $0.84
Price spread: −0.057% → −0.001%: −$5.59
Slippage, 4 orders: −$9.33
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 0 bp × 2 orders: $0
Net: −$19.07
Costs to cover: 0.143%
Break-even: 165.9 days

Slippage from Extended: live order book, 6 min ago; MEXC: live order book, 2 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 Extended live order book, 6 min ago	2.96 bp	6.0 bp −$6	8.7 bp −$87	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.69 bp	1.1 bp −$1	4.2 bp −$42	20.7 bp −$2,073	108.0 bp −$54.0K

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
Deribit ASTER_USDC-PERPETUAL	−0.0137%	1h	0.7231	+0.045%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0048%	1h	0.7236	+0.112%	$268K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7225	−0.038%	$51.9M	$112.4M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7236	+0.109%	$14K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7225	−0.043%	$8K	$4K	10x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7225	−0.043%	$23K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.239%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0054%	4h	0.7230	+0.026%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7235	+0.100%	$876K	$922K	5x	as long as short
Extended ASTER-USDlong	+0.0096%	1h	0.7228	long leg	$364K	$637K	25x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7231	+0.040%	$340K	$286K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7232	+0.053%	$24.7M	$8.0M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7232	+0.056%	$252K	$83K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7223	−0.071%	$89.4M	$122.3M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7224	−0.057%	$48.7M	$25.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7228	−0.002%	$12.5M	$20.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7231	+0.040%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7224	−0.057%	$33.9M	$20.4M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7224	−0.056%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7224	−0.057%	$17.6M	$7.9M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7225	−0.043%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7237	+0.124%	$209K	$487K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7244	+0.223%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7245	+0.229%	$446K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7244	+0.219%	$98K	$733K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7251	+0.316%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7235	+0.095%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7234	+0.081%	$240K	$143K	20x	as long as short
edgeX ASTERUSDC	+0.0107%	4h	0.7241	+0.183%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0299%	1h	0.7238	+0.131%	$335K	$626K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7223	−0.077%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7245	+0.233%	$3.5M	$2.1M	75x	as long as short