Funding arb · Price arb /

STABLE

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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 +0.007%

Price spread now: MEXC against Aster+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 Aster Short on MEXC

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	Aster STABLEUSDT	0.02493	0.0100	pay 0.0050% / 4h	1h 18m	$19K	$8K	20x
Short	MEXC STABLE_USDT	0.02493	0.0100	get 0.0050% / 4h	1h 18m	$617K	$168K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → 0.000%: $0.77
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$15.23
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; MEXC: live order book, 36 min ago. 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 MEXC live order book, 36 min ago	4.02 bp	12.4 bp −$12	33.6 bp −$336	201.2 bp −$20.1K	517.7 bp −$258.8K

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.

STABLE on 15 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
BloFin STABLE-USDT	+0.0079%	4h	0.02495	+0.088%	$118K	$7K	75x	as long as short
Lighter STABLE	+0.0096%	1h	0.02505	+0.505%	$115K	$6K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02493	+0.028%	$877K	$179K	3x	as long as short
Aster STABLEUSDTlong	+0.0100%	4h	0.02493	long leg	$19K	$8K	20x
Binance STABLEUSDT	+0.0100%	4h	0.02494	+0.029%	$2.6M	$2.7M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02495	+0.096%	$1.5M	$730K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02495	+0.088%	$201K	$381K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02495	+0.088%	$176K	$57K	50x	as long as short
MEXC STABLE_USDTshort	+0.0100%	4h	0.02493	+0.008%	$617K	$168K	20x
KuCoin STABLEUSDTM	+0.0100%	4h	0.02499	+0.248%	$185K	$29K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget STABLEUSDT	+0.0100%	4h	0.02494	+0.048%	$287K	$92K	25x	as long as short
BingX STABLE-USDT	+0.0100%	4h	0.02494	+0.048%	—	$6.5M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02495	+0.069%	$146K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02493	+0.020%	$2K	$832K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02493	+0.021%	$14K	$138K	10x	as long as short