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 +0.016%

Price spread now: OKX against KuCoin+0.049%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$500.503% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 7 days−0.047%−$5 · spread now +0.049%, 7d avg −0.007%

Together, before fees+0.022%+$2 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: OKX is 0.055% dearer against KuCoin than usual: you sell high and buy low, +$6 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	0.7418	0.0100	pay 0.0050% / 4h	2h 29m	$10.9M	$3.1M	75x
Short	OKX ASTER-USDT-SWAP	0.7422	0.0100	get 0.0050% / 4h	2h 29m	$11.9M	$18.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.049%Rate

Funding earned: $0
Price spread: +0.049% → −0.007%: $5.51
Slippage, 4 orders: −$28.26
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$44.75
Costs to cover: 0.503%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; OKX: 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	1.69 bp	19.7 bp −$20	91.9 bp −$919	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.68 bp	11.5 bp −$11	25.1 bp −$251	doesn't fit	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	−0.0160%	1h	0.7399	−0.260%	$251K	$832K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7410	−0.113%	$9	$96K	5.5x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0047%	1h	0.7415	−0.053%	$11K	$87K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7416	−0.034%	$56.9M	$99.7M	200x	as long as short
dYdX ASTER-USD	+0.0004%	1h	0.7417	−0.023%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7415	−0.043%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7421	+0.038%	$911K	$845K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7418	−0.005%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7415	−0.039%	$368K	$279K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7419	+0.010%	$254K	$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	0.7418	−0.004%	$90.9M	$106.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7420	+0.022%	$49.6M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAPshort	+0.0100%	4h	0.7422	+0.049%	$11.9M	$18.5M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7417	−0.019%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7419	+0.008%	$34.2M	$16.2M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7418	long leg	$10.9M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7419	+0.008%	$18.1M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7413	−0.073%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7413	−0.069%	$265K	$323K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7415	−0.050%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7411	−0.100%	$463K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7405	−0.181%	$66K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7419	+0.008%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7413	−0.073%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7410	−0.113%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7414	−0.059%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0118%	4h	0.7407	−0.153%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7417	−0.019%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7417	−0.016%	$285K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7414	−0.064%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7416	−0.032%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0493%	1h	0.7425	+0.092%	$26.0M	$6.8M	5x	as long as short