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

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.064%
Price spread now: Hyperliquid against Nado+0.119%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.088%+$9 on $10k
Price spread, last 4 days (all we have)−0.210%−$21 · spread now +0.119%, 7d avg +0.058%
Together, before fees−0.121%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Hyperliquid is 0.061% dearer against Nado than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ASTER-PERP0.73050.0100pay 0.0012% / 1h34m 32s$362K$272K5x
ShortHyperliquid ASTER0.73140.0112get 0.0014% / 1h34m 32s$24.9M$8.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$2.45
Price spread: +0.119% → +0.058%
$6.13
Slippage, 4 orders
−$17.78
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$25.2
Costs to cover
0.338%
Break-even
78.9 days
Slippage from Nado: live order book, 18 min ago; Hyperliquid: live order book, 9 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, 18 min ago0.82 bp9.3 bp −$926.1 bp −$261doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago1.03 bp7.1 bp −$7doesn't fitdoesn'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-INTX−0.0064%1h0.7292−0.183%$253K$1.1M50xas long as short
Aster ASTERUSDT0.0000%4h0.7307+0.020%$52.8M$111.5M200xas long as short
dYdX ASTER-USD0.0000%1h0.7303−0.033%$14K$1K5xas long as short
Deribit ASTER_USDC-PERPETUAL0.0000%1h0.7306+0.008%$11K$72K25xas long as short
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0005%1h0.7307+0.026%$24K150xas long as short
Injective ASTER/USDC PERP+0.0033%1h0.7390+1.162%$9$133K5.5xas long as short
Orderly PERP_ASTER_USDC+0.0067%4h0.7307+0.026%$13K$1K10xas long as short
01 Exchange ASTERUSD+0.0072%1h0.7305−0.001%$8K$4K10xas long as short
Lighter ASTER+0.0096%1h0.7309+0.059%$884K$919K5xas long as short
Nado ASTER-PERPlong+0.0100%1h0.7305long leg$362K$272K5x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ASTER+0.0100%1h0.7306+0.017%$254K$81K10xas long as short
Binance ASTERUSDT+0.0100%4h0.7304−0.015%$90.3M$121.6M75xas long as short
Bybit ASTERUSDT+0.0100%4h0.7302−0.042%$49.1M$25.2M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7306+0.013%$12.5M$20.2M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7304−0.015%$6.4M$5.7M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7302−0.042%$34.0M$20.1M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7303−0.029%$10.8M$3.3M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7303−0.029%$17.8M$7.8M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7304−0.015%$9.9Mas long as short
Backpack ASTER_USDC_PERP+0.0100%1h0.7310+0.069%$208K$498K10xas long as short
Variational Omni ASTER+0.0100%4h0.7293−0.162%$2.1M$416Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7295−0.142%$456K$4.0M10xas long as short
ApeX Omni ASTERUSDT+0.0100%1h0.7300−0.070%$99K$732K50xas long as short
SunX ASTER-USDT+0.0100%4h0.7315+0.136%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7305−0.001%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.7305−0.001%$243K$142K20xas long as short
Extended ASTER-USD+0.0104%1h0.7303−0.029%$365K$635K25xas long as short
edgeX ASTERUSDC+0.0112%4h0.7297−0.105%$212K$2.2M10xas long as short
Hyperliquid ASTERshort+0.0112%1h0.7314+0.119%$24.9M$8.0M5x
Kraken Futures PF_ASTERUSD+0.0205%1h0.7308+0.044%$339K$610K20xas long as short
GMX ASTER/USD [WBTC.b-USDC]L +0.0304% / S −0.0215%1h0.7305−0.004%$28K100xas long as short
BloFin ASTER-USDT+0.0340%4h0.7306+0.013%$3.5M$2.1M75xas long as short