Funding arb · Price arb /

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against MEXC+0.188%7-day average — · you sell dearer than you buy

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

Long on MEXC 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 0.188% dearer against MEXC than usual: you sell high and buy low, +$19 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	MEXC IO_USDT	0.1513	0.0100	pay 0.0050% / 4h	53m 39s	$1.2M	$227K	125x
Short	Aster IOUSDT	0.1516	0.0100	get 0.0050% / 4h	53m 39s	$23K	$49K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.188%Rate

Funding earned: $0
Price spread: +0.188% → 0.000%: $18.81
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: $6.81
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: MEXC: live order book, 1 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 MEXC live order book, 1 min ago	6.61 bp	24.3 bp −$24	181.4 bp −$1,814	349.9 bp −$35.0K	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.

IO 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
Hyperliquid IO	+0.0100%	1h	0.1515	+0.145%	$1.0M	$373K	3x	as long as short
Aster IOUSDTshort	+0.0100%	4h	0.1516	+0.188%	$23K	$49K	5x
Binance IOUSDT	+0.0100%	4h	0.1515	+0.122%	$3.0M	$6.6M	50x	as long as short
Bybit IOUSDT	+0.0100%	4h	0.1513	−0.026%	$1.1M	$913K	25x	as long as short
Gate IO_USDT	+0.0100%	4h	0.1514	+0.040%	$231K	$545K	50x	as long as short
MEXC IO_USDTlong	+0.0100%	4h	0.1513	long leg	$1.2M	$227K	125x
KuCoin IOUSDTM	+0.0100%	4h	0.1515	+0.132%	$361K	$656K	50x	as long as short
Bitget IOUSDT	+0.0100%	4h	0.1516	+0.198%	$1.3M	$1.3M	50x	as long as short
BingX IO-USDT	+0.0100%	4h	0.1514	+0.066%	—	$1.3M	—	as long as short
Variational Omni IO	+0.0100%	4h	0.1514	+0.050%	$33K	$13K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended IO-USD	+0.0104%	1h	0.1514	+0.096%	$2K	$134K	5x	as long as short
BloFin IO-USDT	+0.0141%	4h	0.1517	+0.264%	$194K	$39K	50x	as long as short
Injective IO/USDC PERP	+0.0583%	1h	0.1512	−0.066%	$2K	$199	5.5x	as long as short
Kraken Futures PF_IOUSD	+3.7376%	1h	0.1504	−0.588%	$39K	$18K	10x	as long as short