Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: KuCoin against OKX+0.045%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$680.683% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$6 on $10k

Price spread, last 7 days−0.061%−$6 · spread now +0.045%, 7d avg +0.004%

Together, before fees−0.125%−$13 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: KuCoin is 0.041% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ASTER-USDT-SWAP	0.7317	0.0100	pay 0.0050% / 4h	2h 19m	$12.5M	$21.2M	50x
Short	KuCoin ASTERUSDTM	0.7320	0.0100	get 0.0050% / 4h	2h 19m	$10.8M	$3.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → +0.004%: $4.08
Slippage, 4 orders: −$46.25
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$64.17
Costs to cover: 0.683%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 4 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 OKX live order book, 4 min ago	0.69 bp	10.3 bp −$10	23.3 bp −$233	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	3.66 bp	30.2 bp −$30	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	−0.0048%	1h	0.7312	−0.072%	$277K	$1.2M	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0023%	1h	0.7314	−0.038%	$11K	$72K	25x	as long as short
01 Exchange ASTERUSD	−0.0008%	1h	0.7318	+0.014%	$6K	$7K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7321	+0.058%	$52.5M	$113.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7327	+0.132%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7320	+0.043%	$24K	—	150x	as long as short
Extended ASTER-USD	+0.0024%	1h	0.7318	+0.017%	$364K	$643K	25x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.998%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0051%	4h	0.7318	+0.014%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7338	+0.288%	$889K	$927K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7319	+0.021%	$343K	$286K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7325	+0.113%	$25.0M	$8.1M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7333	+0.216%	$258K	$106K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7320	+0.041%	$90.4M	$126.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7316	−0.014%	$49.3M	$25.9M	75x	as long as short
OKX ASTER-USDT-SWAPlong	+0.0100%	4h	0.7317	long leg	$12.5M	$21.2M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7319	+0.027%	$6.4M	$5.8M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7316	−0.014%	$34.4M	$20.8M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7320	+0.045%	$10.8M	$3.3M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7315	−0.027%	$17.8M	$8.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7319	+0.027%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7356	+0.534%	$210K	$492K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7253	−0.872%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7227	−1.235%	$445K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7231	−1.175%	$98K	$735K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7324	+0.096%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7313	−0.055%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7340	+0.314%	$243K	$167K	20x	as long as short
edgeX ASTERUSDC	+0.0118%	4h	0.7257	−0.819%	$212K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0295%	1h	0.7315	−0.026%	$337K	$640K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7319	+0.027%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7250	−0.916%	$3.5M	$2.0M	75x	as long as short