Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%

Price spread now: KuCoin against MEXC+0.022%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$600.598% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.022%, 7d avg +0.006%

Together, before fees−0.064%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ASTER_USDT	0.7277	0.0100	pay 0.0050% / 4h	3h 56m	$33.4M	$19.9M	100x
Short	KuCoin ASTERUSDTM	0.7279	0.0100	get 0.0050% / 4h	3h 56m	$10.8M	$3.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → +0.006%: $1.63
Slippage, 4 orders: −$47.79
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$58.16
Costs to cover: 0.598%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; KuCoin: 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 MEXC live order book, 3 min ago	1.38 bp	2.5 bp −$2	6.3 bp −$63	32.6 bp −$3,259	152.3 bp −$76.2K
Sell KuCoin live order book, 2 min ago	4.88 bp	31.1 bp −$31	doesn't fit	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	−0.0064%	1h	0.7272	−0.070%	$256K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7277	+0.006%	$52.8M	$110.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7266	−0.157%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7278	+0.010%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7276	−0.010%	$23K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0032%	1h	0.7266	−0.151%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.553%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0066%	4h	0.7279	+0.027%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7282	+0.073%	$881K	$918K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7265	−0.165%	$354K	$271K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7285	+0.104%	$24.8M	$7.8M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7265	−0.161%	$253K	$80K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7272	−0.070%	$89.3M	$120.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7274	−0.041%	$48.8M	$25.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7275	−0.027%	$12.4M	$20.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7278	+0.014%	$6.4M	$5.7M	75x	as long as short
MEXC ASTER_USDTlong	+0.0100%	4h	0.7277	long leg	$33.4M	$19.9M	100x
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7279	+0.022%	$10.8M	$3.3M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7274	−0.041%	$17.8M	$7.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7273	−0.055%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7280	+0.036%	$210K	$496K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7277	+0.003%	$2.1M	$411K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7271	−0.079%	$446K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7267	−0.137%	$99K	$732K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7287	+0.137%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7280	+0.041%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7274	−0.041%	$242K	$142K	20x	as long as short
edgeX ASTERUSDC	+0.0101%	4h	0.7266	−0.149%	$211K	$2.1M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7279	+0.030%	$363K	$635K	25x	as long as short
Kraken Futures PF_ASTERUSD	+0.0206%	1h	0.7287	+0.139%	$344K	$586K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7273	−0.049%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7273	−0.055%	$3.4M	$2.1M	75x	as long as short