Funding arb · Price arb /

H

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against Aster+0.128%7-day average +0.007% · 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−$893as in the Price arb table

costs, in and out, $10k−$9059.053% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.047%+$5 on $10k

Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.128%, 7d avg +0.007%

Together, before fees−0.123%+ Points / potential airdropAster: Stage 5 · farm board−$12 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 0.121% dearer against Aster than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HUSDT	0.06842	0.0100	pay 0.0050% / 4h	3h 22m	$108K	$57K	5x
Short	KuCoin HUSDTM	0.06851	0.0100	get 0.0050% / 4h	3h 22m	$1.6M	$10.1M	8x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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 AsterbpFee KuCoinbpOrdersPrice spread, now +0.128%Rate

Funding earned: $0
Price spread: +0.128% → +0.007%: $12.09
Slippage, 4 orders: −$885.32
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$893.22
Costs to cover: 9.053%
Break-even: never at this rate

Slippage from Aster: live order book, 8 min ago; KuCoin: live order book, 6 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 Aster live order book, 8 min ago	5.20 bp	43.5 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	4.45 bp	255.6 bp −$256	doesn't fit	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−8.656%	$1K	$1	5.5x	as long as short
BloFin H-USDT	+0.0051%	4h	0.06842	−0.004%	$591K	$104K	25x	as long as short
Aster HUSDTlong	+0.0100%	4h	0.06842	long leg	$108K	$57K	5x
Binance HUSDT	+0.0100%	4h	0.06850	+0.113%	$14.5M	$10.5M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06839	−0.043%	$7.5M	$4.8M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06858	+0.230%	$1.8M	$6.3M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06841	−0.018%	$2.8M	$1.7M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06855	+0.186%	$6.1M	$1.2M	20x	as long as short
KuCoin HUSDTMshort	+0.0100%	4h	0.06851	+0.128%	$1.6M	$10.1M	8x
Bitget HUSDT	+0.0100%	4h	0.06844	+0.025%	$1.7M	$419K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.06853	+0.157%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06802	−0.586%	$9K	$3K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06879	+0.540%	$1.1M	$423K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06853	+0.159%	$11K	$206K	5x	as long as short