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% APRpaid last 24h 0.000%

Price spread now: Nado against SunX−0.164%7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$257as in the Price arb table

costs, in and out, $10k−$2492.494% of the position

Long on SunX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.013%−$1 on $10k

Price spread, last 4 days (all we have)+0.115%+$11 · spread now −0.164%, 7d avg −0.084%

Together, before fees+0.102%+ Points / potential airdropNado: Active · farm board+$10 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: Nado is 0.079% cheaper against SunX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.084%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTER-USDT	0.7327	0.0100	pay 0.0050% / 4h	59m 06s	$2K	$1.8M	20x
Short	Nado ASTER-PERP	0.7315	0.0100	get 0.0012% / 1h	59m 06s	$346K	$297K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.164%Rate

Funding earned: $0
Price spread: −0.164% → −0.084%: −$7.93
Slippage, 4 orders: −$234.42
Fee SunX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$257.35
Costs to cover: 2.494%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; Nado: live order book, 44 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, 7 min ago	29.93 bp	108.5 bp −$109	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 44 min ago	0.68 bp	9.6 bp −$10	24.0 bp −$240	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
Aster ASTERUSDT	0.0000%	4h	0.7312	−0.205%	$51.9M	$116.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7321	−0.087%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7313	−0.186%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7313	−0.190%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7333	+0.086%	$253K	$1.3M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.860%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0080%	4h	0.7312	−0.205%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7317	−0.131%	$886K	$919K	5x	as long as short
Nado ASTER-PERPshort	+0.0100%	1h	0.7315	−0.164%	$346K	$297K	5x
Pacifica ASTER	+0.0100%	1h	0.7318	−0.118%	$257K	$114K	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	0.7312	−0.200%	$92.5M	$132.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7311	−0.218%	$49.4M	$26.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7314	−0.177%	$12.5M	$22.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7312	−0.205%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7313	−0.191%	$34.9M	$20.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7313	−0.194%	$11.2M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7312	−0.205%	$17.9M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7314	−0.177%	—	$10.0M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7317	−0.136%	$209K	$494K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7315	−0.161%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7323	−0.056%	$450K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7322	−0.068%	$99K	$739K	50x	as long as short
SunX ASTER-USDTlong	+0.0100%	4h	0.7327	long leg	$2K	$1.8M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7314	−0.177%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7319	−0.109%	$245K	$202K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7313	−0.191%	$367K	$651K	25x	as long as short
edgeX ASTERUSDC	+0.0114%	4h	0.7321	−0.084%	$213K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0191%	1h	0.7321	−0.081%	$25.0M	$8.2M	5x	as long as short
01 Exchange ASTERUSD	+0.0256%	1h	0.7319	−0.109%	$6K	$7K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7313	−0.192%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7319	−0.109%	$3.6M	$2.1M	75x	as long as short
Kraken Futures PF_ASTERUSD	+0.0765%	1h	0.7318	−0.127%	$340K	$671K	20x	as long as short