Funding arb · Price arb /

NOT

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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 Bitget+0.008%7-day average — · you sell dearer than you buy

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

Long on Bitget 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NOTUSDT	0.0005062	0.0100	pay 0.0050% / 4h	2h 18m	$665K	$382K	50x
Short	Aster NOTUSDT	0.0005062	0.0100	get 0.0050% / 4h	2h 18m	$14K	$9K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → 0.000%: $0.79
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$19.21
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago	5.92 bp	20.2 bp −$20	221.2 bp −$2,212	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.

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
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.714%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDT	+0.0068%	4h	0.0005063	+0.020%	$111K	$17K	50x	as long as short
Variational Omni NOT	+0.0096%	4h	0.0005049	−0.252%	$66K	$34K	—	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005070	+0.150%	$11K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005060	−0.040%	$370K	$50K	3x	as long as short
Aster NOTUSDTshort	+0.0100%	4h	0.0005062	+0.008%	$14K	$9K	5x
Binance NOTUSDT	+0.0100%	4h	0.0005062	−0.006%	$2.1M	$3.0M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005056	−0.119%	$2.1M	$801K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005059	−0.059%	$613K	$580K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005057	−0.099%	$140K	$77K	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	0.0005061	−0.020%	$1.3M	$491K	200x	as long as short
KuCoin NOTUSDTM	+0.0100%	4h	0.0005058	−0.079%	$492K	$119K	50x	as long as short
Bitget NOTUSDTlong	+0.0100%	4h	0.0005062	long leg	$665K	$382K	50x
BingX NOT-USDC	+0.0100%	4h	0.0005061	−0.020%	—	$720K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005061	−0.020%	$4K	$1K	5x	as long as short
Kraken Futures PF_NOTUSD	+0.7055%	1h	0.0005092	+0.601%	$49K	$9K	10x	as long as short