Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.013%

Price spread now: dYdX against KuCoin−0.045%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.045% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7273	0.0100	pay 0.0050% / 4h	2h 56m	$10.8M	$3.3M	75x
Short	dYdX ASTER-USD	0.7270	0	get 0.0000% / 1h	56m 15s	$14K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$21
Price spread: −0.045% → 0.000%: −$4.47
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$47.47
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 7 min ago; dYdX: no order-book sample. Net counts fees only.

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, 7 min ago	1.99 bp	23.0 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0052%	1h	0.7272	−0.014%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0048%	1h	0.7251	−0.296%	$270K	$1.2M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7271	−0.018%	$52.3M	$112.4M	200x	as long as short
dYdX ASTER-USDshort	0.0000%	1h	0.7270	−0.045%	$14K	$1K	5x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7273	0.000%	$23K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0032%	1h	0.7270	−0.038%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.611%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0060%	4h	0.7271	−0.025%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7274	+0.014%	$880K	$918K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7273	+0.010%	$340K	$287K	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	0.7274	+0.017%	$253K	$83K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7272	−0.008%	$90.0M	$122.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7275	+0.030%	$49.0M	$25.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7275	+0.030%	$12.4M	$20.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7268	−0.066%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7269	−0.052%	$34.0M	$20.1M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7273	long leg	$10.8M	$3.3M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7269	−0.052%	$17.7M	$7.9M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7273	+0.003%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7287	+0.188%	$211K	$487K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7267	−0.077%	$2.1M	$416K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7273	−0.003%	$446K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7257	−0.217%	$98K	$732K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7281	+0.113%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7271	−0.025%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7273	+0.003%	$242K	$143K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7273	+0.003%	$362K	$634K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7268	−0.063%	$212K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0149%	1h	0.7277	+0.056%	$24.8M	$8.0M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0297%	1h	0.7275	+0.025%	$337K	$626K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7272	−0.009%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7276	+0.044%	$3.3M	$2.1M	75x	as long as short