Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%

Price spread now: SunX against Nado+0.061%48s7-day average +0.085% · 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—prices read too far apart to compare

costs, in and out, $10k−$3223.221% of the position

Long on Nado Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.014%+$1 on $10k

Price spread, last 3 days (all we have)−0.040%−$4 · spread now +0.061%, 7d avg +0.085%

Together, before fees−0.026%+ Points / potential airdropNado: Active · farm board−$3 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: SunX is 0.024% cheaper against Nado than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.085%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7403	0.0100	pay 0.0013% / 1h	43m 30s	$368K	$280K	5x
Short	SunX ASTER-USDT	0.7408	0.0100	get 0.0050% / 4h	2h 43m	$2K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.061%Rate

Funding earned: $0
Price spread: +0.061% → +0.085%: −$2.42
Slippage, 4 orders: −$307.11
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: −$324.53
Costs to cover: 3.221%
Break-even: never at this rate

Slippage from Nado: live order book, 44 min ago; SunX: 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, 44 min ago	0.07 bp	9.9 bp −$10	24.0 bp −$240	doesn't fit	doesn't fit
Sell SunX live order book, 12 min ago	64.72 bp	159.6 bp −$160	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	−0.0160%	1h	0.7400	−0.046%	$252K	$832K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.358%	$9	$54K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7402	−0.019%	$56.8M	$99.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7402	−0.015%	$11K	$102K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7401	−0.031%	$30K	—	150x	as long as short
dYdX ASTER-USD	+0.0007%	1h	0.7407	+0.043%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7405	+0.022%	$910K	$836K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0097%	4h	0.7400	−0.047%	$14K	$845	10x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7407	+0.041%	$254K	$109K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7405	+0.019%	$90.7M	$105.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7405	+0.020%	$49.3M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7406	+0.034%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7405	+0.020%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7408	+0.061%	$33.9M	$16.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7404	+0.001%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7406	+0.034%	$18.1M	$6.1M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7404	+0.007%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7402	−0.022%	$265K	$322K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7393	−0.148%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7398	−0.074%	$457K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7398	−0.074%	$66K	$715K	50x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7403	long leg	$368K	$280K	5x
SunX ASTER-USDTshort	+0.0100%	4h	0.7408	+0.061%	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7398	−0.074%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7399	−0.061%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7403	−0.002%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7396	−0.099%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0184%	1h	0.7408	+0.061%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7402	−0.024%	$285K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7402	−0.027%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7396	−0.101%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0476%	1h	0.7417	+0.180%	$26.0M	$6.8M	5x	as long as short