Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0077%/8h= −8.5% APRpaid last 24h −0.005%

Price spread now: Injective against KuCoin+0.143%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 Injective

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. Injective is 0.143% dearer against KuCoin than usual: you sell high and buy low (spread +0.143% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7399	0.0100	pay 0.0050% / 4h	1h 43m	$11.0M	$3.1M	75x
Short	Injective ASTER/USDC PERP	0.7410	0.0023	get 0.0003% / 1h	43m 00s	$9	$96K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.143%Rate

Funding earned: −$16.22
Price spread: +0.143% → 0.000%: $14.33
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$13.91
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 5 min ago; Injective: 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, 5 min ago	4.67 bp	18.0 bp −$18	85.7 bp −$857	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7397	−0.032%	$251K	$825K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7399	−0.002%	$56.5M	$99.6M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7397	−0.038%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7399	−0.008%	$30K	—	150x	as long as short
Injective ASTER/USDC PERPshort	+0.0023%	1h	0.7410	+0.143%	$9	$96K	5.5x
Lighter ASTER	+0.0096%	1h	0.7401	+0.023%	$911K	$849K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7403	+0.049%	$370K	$273K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7400	+0.011%	$254K	$108K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7403	+0.049%	$90.6M	$106.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7404	+0.062%	$49.6M	$21.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7405	+0.076%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7400	+0.008%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7398	−0.019%	$34.2M	$16.3M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7399	long leg	$11.0M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7406	+0.089%	$18.2M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7400	+0.008%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7402	+0.031%	$263K	$324K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7384	−0.211%	$2.0M	$362K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7393	−0.093%	$460K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7395	−0.059%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7399	−0.005%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7405	+0.076%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7397	−0.032%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7402	+0.035%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7404	+0.058%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7390	−0.127%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7402	+0.035%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7401	+0.015%	$285K	$420K	20x	as long as short
dYdX ASTER-USD	+0.0161%	1h	0.7403	+0.049%	$13K	$61	5x	as long as short
Hyperliquid ASTER	+0.0192%	1h	0.7408	+0.118%	$25.8M	$6.7M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7396	−0.053%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7399	−0.005%	$3.5M	$1.8M	75x	as long as short