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: Bitget against KuCoin+0.003%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$580.576% of the position

Long on KuCoin Short on Bitget

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−0.005%$0 · spread now +0.003%, 7d avg −0.020%

Together, before fees+0.043%+$4 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: Bitget is 0.022% dearer against KuCoin than usual: you sell high and buy low, +$2 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	KuCoin ASTERUSDTM	0.7441	0.0100	pay 0.0050% / 4h	9m 34s	$11.0M	$3.1M	75x
Short	Bitget ASTERUSDT	0.7441	0.0100	get 0.0050% / 4h	9m 34s	$18.3M	$6.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.003%Rate

Funding earned: $0
Price spread: +0.003% → −0.020%: $2.23
Slippage, 4 orders: −$33.6
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$55.37
Costs to cover: 0.576%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Bitget: 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 KuCoin live order book, 4 min ago	2.28 bp	18.2 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	1.34 bp	12.4 bp −$12	27.4 bp −$274	57.7 bp −$5,768	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	+0.077%	$260K	$855K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7440	−0.011%	$56.7M	$100.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7445	+0.056%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7444	+0.046%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7445	+0.053%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7449	+0.112%	$337K	$486K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.683%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7446	+0.070%	$922K	$884K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7447	+0.083%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7445	+0.063%	$372K	$266K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7442	+0.019%	$255K	$104K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7441	+0.005%	$91.2M	$107.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7438	−0.038%	$49.7M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7441	+0.003%	$12.0M	$19.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7444	+0.043%	$6.3M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7440	−0.011%	$35.1M	$16.6M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7441	long leg	$11.0M	$3.1M	75x
Bitget ASTERUSDTshort	+0.0100%	4h	0.7441	+0.003%	$18.3M	$6.4M	50x
BingX ASTER-USDT	+0.0100%	4h	0.7439	−0.024%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7442	+0.012%	$218K	$400K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7432	−0.113%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7435	−0.078%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7442	+0.016%	$66K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7455	+0.191%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7445	+0.056%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7442	+0.016%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7441	+0.003%	$374K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0117%	4h	0.7441	+0.007%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7442	+0.016%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7443	+0.031%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0332%	1h	0.7452	+0.152%	$25.9M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7440	−0.011%	$3.5M	$1.9M	75x	as long as short