Funding arb · Price arb /

NOT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Aster+0.015%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Extended

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 · Extended: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NOTUSDT	0.0005050	0.0100	pay 0.0050% / 4h	3h 01m	$14K	$13K	5x
Short	Extended kNOT-USD	0.0005051	0.0104	get 0.0013% / 1h	1m 11s	$4K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.015%Rate

Funding earned: $0.84
Price spread: +0.015% → 0.000%: $1.5
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$10.66
Costs to cover: 0.130%
Break-even: 95.8 days

Slippage unknown: Aster: no order-book sample; Extended: 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 Aster no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

Aster and Extended: 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.

NOT on 16 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
Variational Omni NOT	+0.0018%	4h	0.0005056	+0.105%	$66K	$34K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.491%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDT	+0.0040%	4h	0.0005055	+0.093%	$113K	$17K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005061	+0.218%	$11K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005050	−0.006%	$369K	$52K	3x	as long as short
Aster NOTUSDTlong	+0.0100%	4h	0.0005050	long leg	$14K	$13K	5x
Binance NOTUSDT	+0.0100%	4h	0.0005051	+0.022%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005047	−0.065%	$2.1M	$840K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005050	−0.006%	$611K	$604K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005046	−0.085%	$141K	$81K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDT	+0.0100%	4h	0.0005052	+0.034%	$1.4M	$483K	200x	as long as short
KuCoin NOTUSDTM	+0.0100%	4h	0.0005048	−0.046%	$490K	$121K	50x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005056	+0.113%	$666K	$388K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0005051	+0.014%	—	$721K	—	as long as short
Extended kNOT-USDshort	+0.0104%	1h	0.0005051	+0.015%	$4K	$1K	5x
Kraken Futures PF_NOTUSD	+0.6417%	1h	0.0005093	+0.852%	$49K	$9K	10x	as long as short