Funding arb · Price arb /

ATH

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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 0.000%

Price spread now: Aster against KuCoin+0.149%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.149% dearer against KuCoin than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ATHUSDTM	0.005544	0.0100	pay 0.0050% / 4h	28m 28s	$566K	$78K	30x
Short	Aster ATHUSDT	0.005552	0.0100	get 0.0050% / 4h	28m 28s	$4K	$38K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.149%Rate

Funding earned: $0
Price spread: +0.149% → 0.000%: $14.88
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$5.12
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 34 min ago; Aster: no order-book sample. Net counts fees only.

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 KuCoin live order book, 34 min ago	8.97 bp	149.5 bp −$149	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ATH on 13 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
Kraken Futures PF_ATHUSD	−0.3582%	1h	0.005543	−0.012%	$19K	$106K	10x	as long as short
dYdX ATH-USD	0.0000%	1h	0.005552	+0.150%	$11K	$16	5x	as long as short
Variational Omni ATH	+0.0003%	4h	0.005540	−0.075%	$186K	$94K	—	as long as short
OKX ATH-USDT-SWAP	+0.0075%	4h	0.005538	−0.108%	$702K	$1.2M	20x	as long as short
Aster ATHUSDTshort	+0.0100%	4h	0.005552	+0.149%	$4K	$38K	5x
Binance ATHUSDT	+0.0100%	4h	0.005549	+0.088%	$3.4M	$3.8M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005536	−0.144%	$4.4M	$2.3M	25x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005540	−0.072%	$790K	$517K	30x	as long as short
MEXC ATH_USDT	+0.0100%	4h	0.005549	+0.090%	$8.9M	$568K	50x	as long as short
KuCoin ATHUSDTMlong	+0.0100%	4h	0.005544	long leg	$566K	$78K	30x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ATHUSDT	+0.0100%	4h	0.005545	+0.018%	$1.6M	$795K	25x	as long as short
BingX ATH-USDT	+0.0100%	4h	0.005542	−0.036%	—	$21.5M	—	as long as short
BloFin ATH-USDT	+0.0132%	4h	0.005549	+0.090%	$172K	$62K	75x	as long as short