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: SunX against Aster−0.059%7-day average — · you buy dearer than you sell

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

Long on Aster Short on SunX

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: SunX is 0.059% cheaper against Aster than usual: you would sell low and buy high, −$6 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	Aster STABLEUSDT	0.02516	0.0100	pay 0.0050% / 4h	3h 43m	$19K	$7K	20x
Short	SunX STABLE-USDT	0.02514	0.0100	get 0.0050% / 4h	3h 43m	$2K	$765K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → 0.000%: −$5.88
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$21.88
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago	500.22 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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
Lighter STABLE	+0.0096%	1h	0.02527	+0.430%	$116K	$8K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02516	−0.011%	$887K	$221K	3x	as long as short
Aster STABLEUSDTlong	+0.0100%	4h	0.02516	long leg	$19K	$7K	20x
Binance STABLEUSDT	+0.0100%	4h	0.02516	−0.001%	$2.5M	$2.9M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02518	+0.088%	$1.5M	$789K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02515	−0.031%	$206K	$445K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02515	−0.031%	$175K	$71K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02515	−0.031%	$625K	$168K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02521	+0.208%	$181K	$29K	30x	as long as short
Bitget STABLEUSDT	+0.0100%	4h	0.02514	−0.071%	$294K	$118K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX STABLE-USDT	+0.0100%	4h	0.02517	+0.049%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02515	−0.027%	$147K	$50K	—	as long as short
SunX STABLE-USDTshort	+0.0100%	4h	0.02514	−0.059%	$2K	$765K	20x
Extended STABLE-USD	+0.0104%	1h	0.02515	−0.030%	$12K	$177K	10x	as long as short
BloFin STABLE-USDT	+0.0145%	4h	0.02518	+0.088%	$115K	$8K	75x	as long as short