Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: MEXC against SunX−0.080%7-day average −0.117% · you buy dearer than you sell

Net, funding: paid 7d − costs−$241as in the Funding arb table

Net, price: spread back to 7d avg − costs−$231as in the Price arb table

costs, in and out, $10k−$2352.347% of the position

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.021%−$2 · spread now −0.080%, 7d avg −0.117%

Together, before fees−0.086%−$9 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: MEXC is 0.037% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.117%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTER-USDT	0.7478	0.0100	pay 0.0050% / 4h	32m 59s	$2K	$1.7M	20x
Short	MEXC ASTER_USDT	0.7472	0.0100	get 0.0050% / 4h	32m 59s	$35.3M	$16.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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 SunXbpFee MEXCbpOrdersPrice spread, now −0.080%Rate

Funding earned: $0
Price spread: −0.080% → −0.117%: $3.69
Slippage, 4 orders: −$226.73
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$231.03
Costs to cover: 2.347%
Break-even: never at this rate

Slippage from SunX: live order book, 12 min ago; MEXC: live order book, 1 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 SunX live order book, 12 min ago	28.01 bp	109.0 bp −$109	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	1.34 bp	2.7 bp −$3	6.4 bp −$64	28.4 bp −$2,841	111.1 bp −$55.5K

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	0.7458	−0.263%	$261K	$856K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7467	−0.141%	$56.9M	$100.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7465	−0.173%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7473	−0.072%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7471	−0.096%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7472	−0.075%	$338K	$484K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−1.177%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7472	−0.082%	$925K	$884K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7465	−0.174%	$374K	$268K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7467	−0.143%	$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	0.7470	−0.101%	$91.5M	$107.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7472	−0.080%	$50.0M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7471	−0.094%	$12.1M	$19.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7468	−0.134%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7472	−0.080%	$35.3M	$16.6M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7466	−0.155%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7466	−0.160%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7471	−0.094%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7464	−0.193%	$231K	$388K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7468	−0.132%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7470	−0.107%	$461K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7462	−0.214%	$67K	$712K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7477	−0.013%	$14K	$845	10x	as long as short
SunX ASTER-USDTlong	+0.0100%	4h	0.7478	long leg	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7469	−0.120%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7467	−0.147%	$244K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7469	−0.118%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7467	−0.146%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7472	−0.080%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7472	−0.076%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7467	−0.147%	$3.5M	$1.9M	75x	as long as short
Hyperliquid ASTER	+0.0342%	1h	0.7475	−0.035%	$26.0M	$6.9M	5x	as long as short