Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: BingX against Nado−0.087%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$300.303% of the position

Long on Nado Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.012%+$1 on $10k

Price spread, last 3 days (all we have)−0.055%−$6 · spread now −0.087%, 7d avg −0.056%

Together, before fees−0.043%+ Points / potential airdropNado: Active · farm board−$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: BingX is 0.032% cheaper against Nado than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7326	0.0100	pay 0.0012% / 1h	55m 28s	$366K	$256K	5x
Short	BingX ASTER-USDT	0.7320	0.0100	get 0.0050% / 4h	2h 55m	—	$9.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Nado. 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 NadobpFee BingXbpOrdersPrice spread, now −0.087%Rate

Funding earned: $0
Price spread: −0.087% → −0.056%: −$3.15
Slippage, 4 orders: −$13.29
Fee Nado: 3.5 bp × 2 orders: −$7
Fee BingX: 5 bp × 2 orders: −$10
Net: −$33.44
Costs to cover: 0.303%
Break-even: 3435543566543708.0 days

Slippage from Nado: live order book, 12 min ago; BingX: live order book, 12 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 Nado live order book, 12 min ago	0.87 bp	8.4 bp −$8	26.6 bp −$266	doesn't fit	doesn't fit
Sell BingX live order book, 12 min ago	2.01 bp	7.0 bp −$7	11.0 bp −$110	36.2 bp −$3,621	162.0 bp −$81.0K

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
ApeX Omni ASTERUSDT	−0.0718%	1h	0.7343	+0.227%	$65K	$715K	50x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7330	+0.056%	$268K	$848K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0050%	1h	0.7329	+0.035%	$11K	$86K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7320	−0.091%	$55.3M	$100.7M	200x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7320	−0.087%	$8K	$4K	10x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7325	−0.025%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.868%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7328	+0.022%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7329	+0.041%	$890K	$897K	5x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7326	long leg	$366K	$256K	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7330	+0.053%	$25.4M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7326	0.000%	$251K	$70K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7323	−0.040%	$89.7M	$109.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7322	−0.060%	$48.8M	$22.3M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7324	−0.033%	$11.9M	$18.1M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7327	+0.008%	$6.4M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7325	−0.019%	$35.2M	$17.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7324	−0.027%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7321	−0.074%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDTshort	+0.0100%	4h	0.7320	−0.087%	—	$9.6M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7323	−0.042%	$213K	$460K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7328	+0.020%	$2.1M	$376K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7358	+0.426%	$453K	$3.7M	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7330	+0.049%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7328	+0.022%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7327	+0.008%	$239K	$109K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7325	−0.023%	$367K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0113%	4h	0.7354	+0.372%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0229%	1h	0.7330	+0.047%	$337K	$499K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7323	−0.051%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7332	+0.076%	$3.5M	$1.9M	75x	as long as short
dYdX ASTER-USD	+0.1161%	1h	0.7328	+0.020%	$14K	$1K	5x	as long as short