Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.062%

Price spread now: BloFin against Nado+0.060%7-day average −0.033% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$330.327% of the position

Long on Nado Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.217%+$22 on $10k

Price spread, last 3 days (all we have)−0.097%−$10 · spread now +0.060%, 7d avg −0.033%

Together, before fees+0.119%+ Points / potential airdropNado: Active · farm board+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.093% dearer against Nado than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7455	0.0100	pay 0.0012% / 1h	27m 14s	$373K	$268K	5x
Short	BloFin ASTER-USDT	0.7460	0.0340	get 0.0170% / 4h	27m 14s	$3.5M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.060%Rate

Funding earned: $50.4
Price spread: +0.060% → −0.033%: $9.31
Slippage, 4 orders: −$13.67
Fee Nado: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: $27.04
Costs to cover: 0.327%
Break-even: 3.2 days

Slippage from Nado: live order book, 50 min ago; BloFin: live order book, 6 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, 50 min ago	0.68 bp	8.2 bp −$8	43.4 bp −$434	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	1.34 bp	9.8 bp −$10	15.2 bp −$152	43.2 bp −$4,316	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	−0.0136%	1h	0.7466	+0.141%	$261K	$857K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7460	+0.060%	$56.9M	$100.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7456	+0.008%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7460	+0.063%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7460	+0.060%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7464	+0.119%	$337K	$484K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.879%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7465	+0.123%	$925K	$884K	5x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7455	long leg	$373K	$268K	5x
Pacifica ASTER	+0.0100%	1h	0.7460	+0.059%	$256K	$104K	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	0.7460	+0.063%	$91.4M	$107.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7461	+0.074%	$49.9M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7463	+0.101%	$12.1M	$19.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7459	+0.047%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7460	+0.060%	$35.2M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7459	+0.047%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7460	+0.060%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7462	+0.087%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7458	+0.035%	$231K	$388K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7466	+0.136%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7466	+0.140%	$460K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7466	+0.141%	$67K	$714K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7462	+0.087%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7469	+0.181%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7459	+0.047%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7462	+0.087%	$244K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7461	+0.069%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7464	+0.113%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7462	+0.087%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7462	+0.086%	$28K	—	100x	as long as short
BloFin ASTER-USDTshort	+0.0340%	4h	0.7460	+0.060%	$3.5M	$1.9M	75x
Hyperliquid ASTER	+0.0353%	1h	0.7472	+0.225%	$26.0M	$6.9M	5x	as long as short