Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.025%

Price spread now: gTrade (Gains Network) against KuCoin+0.071%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.071% dearer against KuCoin than usual: you sell high and buy low (spread +0.071% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7319	0.0100	pay 0.0050% / 4h	3h 55m	$11.1M	$3.4M	75x
Short	gTrade (Gains Network) ASTER/USD	0.7324	L +0.0006% / S −0.0005%	get 0.0001% / 1h	55m 47s	$24K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.071%Rate

Funding earned: −$20.02
Price spread: +0.071% → 0.000%: $7.15
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$34.87
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; gTrade (Gains Network): 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, 3 min ago	4.30 bp	30.0 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.0173%	1h	0.7320	+0.015%	$11K	$56K	25x	as long as short
GRVT ASTER_USDT_Perp	−0.0144%	4h	0.7328	+0.123%	$449K	$4.1M	10x	as long as short
Bybit ASTERUSDT	−0.0041%	4h	0.7313	−0.085%	$49.4M	$26.3M	75x	as long as short
01 Exchange ASTERUSD	−0.0024%	1h	0.7328	+0.120%	$6K	$7K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7312	−0.097%	$51.5M	$112.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7336	+0.226%	$14K	$1K	5x	as long as short
Gate ASTER_USDT	0.0000%	4h	0.7312	−0.098%	$6.3M	$5.7M	75x	as long as short
gTrade (Gains Network) ASTER/USDshort	L +0.0006% / S −0.0005%	1h	0.7324	+0.071%	$24K	—	150x
Extended ASTER-USD	+0.0008%	1h	0.7314	−0.070%	$367K	$654K	25x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7330	+0.154%	$254K	$1.3M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.967%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0080%	4h	0.7324	+0.066%	$13K	$1K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0095%	1h	0.7325	+0.074%	$336K	$641K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7325	+0.074%	$890K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7329	+0.136%	$346K	$292K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7319	0.000%	$25.1M	$8.1M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7331	+0.156%	$258K	$113K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7310	−0.119%	$92.4M	$130.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7311	−0.112%	$12.4M	$22.3M	50x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7310	−0.126%	$34.8M	$20.6M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7319	long leg	$11.1M	$3.4M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7310	−0.126%	$17.9M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7311	−0.112%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7320	+0.011%	$210K	$475K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7320	+0.015%	$2.1M	$383K	—	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7331	+0.161%	$112K	$748K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7330	+0.148%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7319	−0.003%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7326	+0.093%	$245K	$203K	20x	as long as short
edgeX ASTERUSDC	+0.0101%	4h	0.7329	+0.133%	$213K	$2.2M	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7322	+0.044%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7337	+0.243%	$3.6M	$2.1M	75x	as long as short