Settings8H · net · $10k
Funding arb · Price arb /

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0236%/8h= −25.8% APRnext payment $0.29 per $10,000 · paid last 24h −0.089%
Price spread now: Coinbase International against Nado−0.254%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$390.385% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.229%−$23 on $10k
Price spread, last 3 days (all we have)+0.025%+$2 · spread now −0.254%, 7d avg −0.080%
Together, before fees−0.205%+ Points / potential airdropNado: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Coinbase International is 0.173% cheaper against Nado than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.080%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ASTER-PERP0.74120.0100pay 0.0012% / 1h22m 58s$371K$274K5x
ShortCoinbase International ASTER-PERP-INTX0.7393−0.0136pay 0.0017% / 1h22m 58s$260K$841K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
−$49.56
Price spread: −0.254% → −0.080%
−$17.34
Slippage, 4 orders
−$21.54
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$105.44
Costs to cover
0.385%
Break-even
never at this rate
Slippage from Nado: live order book, 60 min ago; Coinbase International: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 60 min ago1.01 bp7.6 bp −$820.5 bp −$205doesn't fitdoesn't fit
Sell Coinbase International live order book, 60 min ago4.44 bp9.6 bp −$1014.8 bp −$148doesn't fitdoesn't fit

ASTER on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ASTER-PERP-INTXshort−0.0136%1h0.7393−0.254%$260K$841K50x
Aster ASTERUSDT0.0000%4h0.7413+0.017%$56.7M$100.0M200xas long as short
Deribit ASTER_USDC-PERPETUAL0.0000%1h0.7413+0.013%$11K$87K25xas long as short
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0007%1h0.7411−0.018%$30K150xas long as short
Injective ASTER/USDC PERP+0.0023%1h0.7390−0.297%$9$133K5.5xas long as short
dYdX ASTER-USD+0.0078%1h0.7402−0.135%$13K$615xas long as short
Lighter ASTER+0.0096%1h0.7417+0.069%$916K$872K5xas long as short
Nado ASTER-PERPlong+0.0100%1h0.7412long leg$371K$274K5x
Pacifica ASTER+0.0100%1h0.7407−0.064%$254K$107K10xas long as short
Binance ASTERUSDT+0.0100%4h0.7414+0.021%$90.7M$107.0M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ASTERUSDT+0.0100%4h0.7416+0.054%$49.6M$21.9M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7414+0.027%$12.0M$18.6M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7415+0.040%$6.3M$5.0M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7413+0.013%$34.6M$16.4M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7415+0.034%$11.0M$3.1M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7414+0.027%$18.2M$6.4M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7414+0.027%$9.6Mas long as short
Backpack ASTER_USDC_PERP+0.0100%1h0.7414+0.022%$264K$326K10xas long as short
Variational Omni ASTER+0.0100%4h0.7391−0.289%$2.1M$366Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7400−0.168%$464K$3.8M10xas long as short
ApeX Omni ASTERUSDT+0.0100%1h0.7401−0.148%$66K$717K50xas long as short
Orderly PERP_ASTER_USDC+0.0100%4h0.7417+0.067%$14K$84510xas long as short
SunX ASTER-USDT+0.0100%4h0.7417+0.067%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7413+0.013%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.7408−0.054%$242K$119K20xas long as short
Extended ASTER-USD+0.0104%1h0.7413+0.014%$376K$635K25xas long as short
edgeX ASTERUSDC+0.0111%4h0.7395−0.225%$213K$1.9M10xas long as short
01 Exchange ASTERUSD+0.0136%1h0.7413+0.013%$8K$4K10xas long as short
Kraken Futures PF_ASTERUSD+0.0147%1h0.7416+0.054%$281K$428K20xas long as short
Hyperliquid ASTER+0.0158%1h0.7420+0.108%$25.7M$6.8M5xas long as short
GMX ASTER/USD [WBTC.b-USDC]L +0.0304% / S −0.0215%1h0.7411−0.014%$28K100xas long as short
BloFin ASTER-USDT+0.0340%4h0.7408−0.054%$3.5M$1.9M75xas long as short