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 +0.014%

Price spread now: MEXC against KuCoin+0.062%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$380.382% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 7 days−0.087%−$9 · spread now +0.062%, 7d avg −0.007%

Together, before fees−0.037%−$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: MEXC is 0.069% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7434	0.0100	pay 0.0050% / 4h	2h 26m	$11.0M	$3.1M	75x
Short	MEXC ASTER_USDT	0.7439	0.0100	get 0.0050% / 4h	2h 26m	$34.2M	$16.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.062%Rate

Funding earned: $0
Price spread: +0.062% → −0.007%: $6.85
Slippage, 4 orders: −$26.19
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$31.34
Costs to cover: 0.382%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago	2.15 bp	19.9 bp −$20	86.0 bp −$860	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.67 bp	0.9 bp −$1	4.6 bp −$46	29.6 bp −$2,955	145.9 bp −$72.9K

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	−0.0160%	1h	0.7429	−0.078%	$252K	$829K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7410	−0.328%	$9	$96K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7431	−0.040%	$57.0M	$99.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7436	+0.016%	$11K	$87K	25x	as long as short
dYdX ASTER-USD	+0.0003%	1h	0.7430	−0.063%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7434	−0.006%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7437	+0.039%	$913K	$845K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7430	−0.059%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7426	−0.113%	$369K	$279K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7429	−0.074%	$255K	$108K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7437	+0.029%	$91.1M	$106.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7434	−0.005%	$49.7M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7438	+0.048%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7434	−0.005%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7439	+0.062%	$34.2M	$16.2M	100x
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7434	long leg	$11.0M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7440	+0.075%	$18.2M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7436	+0.022%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7437	+0.028%	$266K	$323K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7415	−0.265%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7416	−0.247%	$464K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7417	−0.234%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7442	+0.102%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7434	−0.005%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7431	−0.046%	$243K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7433	−0.017%	$378K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0115%	4h	0.7410	−0.326%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7429	−0.073%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0261%	1h	0.7438	+0.052%	$286K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7434	−0.005%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7434	−0.005%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0506%	1h	0.7447	+0.167%	$26.1M	$6.8M	5x	as long as short