Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against MEXC−0.030%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$140.139% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 4 days (all we have)+0.205%+$20 · spread now −0.030%, 7d avg +0.004%

Together, before fees+0.145%+ Points / potential airdropExtended: Active · farm board+$15 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: Extended is 0.034% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ASTER_USDT	0.7393	0.0100	pay 0.0050% / 4h	2h 39m	$33.7M	$16.2M	100x
Short	Extended ASTER-USD	0.7391	0.0104	get 0.0013% / 1h	39m 04s	$376K	$635K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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 MEXCbpFee ExtendedbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0.84
Price spread: −0.030% → +0.004%: −$3.39
Slippage, 4 orders: −$8.9
Fee MEXC: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$16.44
Costs to cover: 0.139%
Break-even: 144.0 days

Slippage from MEXC: live order book, 5 min ago; Extended: live order book, 49 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 MEXC live order book, 5 min ago	0.68 bp	1.2 bp −$1	6.4 bp −$64	27.9 bp −$2,787	130.6 bp −$65.3K
Sell Extended live order book, 49 min ago	3.51 bp	6.0 bp −$6	9.5 bp −$95	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
Deribit ASTER_USDC-PERPETUAL	−0.0169%	1h	0.7392	−0.011%	$11K	$102K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0160%	1h	0.7400	+0.096%	$252K	$831K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.216%	$9	$54K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7392	−0.007%	$56.7M	$99.7M	200x	as long as short
dYdX ASTER-USD	+0.0005%	1h	0.7401	+0.112%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7392	−0.010%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7396	+0.035%	$909K	$836K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7397	+0.054%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7396	+0.046%	$367K	$280K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7404	+0.145%	$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	0.7388	−0.061%	$90.5M	$105.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7392	−0.014%	$49.4M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7390	−0.041%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7392	−0.014%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDTlong	+0.0100%	4h	0.7393	long leg	$33.7M	$16.2M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7393	+0.004%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7393	0.000%	$18.0M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7389	−0.054%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7392	−0.012%	$264K	$323K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7400	+0.088%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7401	+0.108%	$460K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7401	+0.108%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7397	+0.054%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7391	−0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7391	−0.027%	$242K	$118K	20x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7391	−0.030%	$376K	$635K	25x
edgeX ASTERUSDC	+0.0111%	4h	0.7400	+0.096%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7396	+0.041%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7395	+0.031%	$284K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7391	−0.022%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7389	−0.054%	$3.4M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0501%	1h	0.7400	+0.100%	$25.9M	$6.8M	5x	as long as short