Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.017%

Price spread now: Injective against MEXC−0.189%7-day average — · you buy dearer than you sell

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

Long on MEXC 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

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Injective is 0.189% cheaper against MEXC than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ASTER_USDT	0.7391	0.0100	pay 0.0050% / 4h	2h 38m	$33.7M	$16.2M	100x
Short	Injective ASTER/USDC PERP	0.7377	−0.0072	pay 0.0009% / 1h	38m 55s	$9	$54K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.189%Rate

Funding earned: −$36.04
Price spread: −0.189% → 0.000%: −$18.94
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$55
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: MEXC: 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 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 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
Deribit ASTER_USDC-PERPETUAL	−0.0169%	1h	0.7392	+0.016%	$11K	$102K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0160%	1h	0.7400	+0.123%	$252K	$831K	50x	as long as short
Injective ASTER/USDC PERPshort	−0.0072%	1h	0.7377	−0.189%	$9	$54K	5.5x
Aster ASTERUSDT	0.0000%	4h	0.7391	+0.006%	$56.7M	$99.7M	200x	as long as short
dYdX ASTER-USD	+0.0005%	1h	0.7401	+0.139%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7392	+0.017%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7396	+0.062%	$909K	$836K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7397	+0.081%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7396	+0.073%	$367K	$280K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7404	+0.172%	$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	0.7392	+0.014%	$90.6M	$105.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7393	+0.027%	$49.4M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7392	+0.014%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7391	0.000%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDTlong	+0.0100%	4h	0.7391	long leg	$33.7M	$16.2M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7393	+0.031%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7393	+0.027%	$18.0M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7392	+0.014%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7392	+0.015%	$264K	$323K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7400	+0.116%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7401	+0.135%	$460K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7401	+0.135%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7397	+0.081%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7391	0.000%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7391	0.000%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7390	−0.018%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0111%	4h	0.7400	+0.123%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7396	+0.068%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7395	+0.058%	$284K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7391	+0.005%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7389	−0.027%	$3.4M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0501%	1h	0.7400	+0.127%	$25.9M	$6.8M	5x	as long as short