Head to head
the arrow points to the better figure| Aster | Nado | |
|---|---|---|
| Trading | ||
| $8.02 | BTC trade, $10k▶ | $7.13 |
| $1,124 | BTC trade, $1M▶ | $939 |
| $39.6M | ◀BTC book depth | $7.5M |
| 0.040%/0.000% | Taker / maker▶ | 0.035%/0.010% |
| 300x | ◀Max leverage | 50x |
| Size | ||
| $2.25B | ◀Volume 24h | $399.3M |
| $1.68B | ◀Volume, 7-day average | $380.3M |
| $1.37Bone side | Open interest | $77.3Mlongs + shorts |
| $505.4M | ◀TVL | $53.8M |
| Markets | ||
| 599 | ◀Markets | 73 |
| 146 | ◀Stocks & RWA | 30 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.575% | BTC longs paid, 30d | +0.602% |
| Access | ||
| No ID | KYC | No ID |
| $ASTER | Token | none yet |
| Stage 5 | Airdrop | Active |
Cost to trade BTC
| Size | Aster | Nado |
|---|---|---|
| $1k | $0.808.0 bp | $0.717.1 bp |
| $10k | $8.028.0 bp | $7.137.1 bp |
| $100k | $91.189.1 bp | $71.327.1 bp |
| $1M | $1,12411.2 bp | $9399.4 bp |
| $5M | $9,16418.3 bp | $13,84927.7 bp |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 71
funding /8h · Net 7d at $10k| Asset | Aster | Nado | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$16 |
| ETH | +0.0100% | +0.0059% | +0.0041% | −$15 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$22 |
| SOL | +0.0100% | −0.0124% | +0.0224% | −$12 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$21 |
| LIT | +0.0058% | −0.0470% | +0.0528% | −$35 |
| NEAR | +0.0100% | +0.0011% | +0.0089% | −$25 |
| XRP | +0.0100% | +0.0100% | 0.0000% | −$22 |
| BNB | +0.0100% | +0.0100% | 0.0000% | −$19 |
| XMR | +0.0344% | +0.1085% | +0.0740% | −$26 |
| AAVE | +0.0100% | +0.0031% | +0.0069% | −$36 |
| SUI | +0.0100% | +0.0016% | +0.0084% | −$38 |
| PUMP | +0.0100% | +0.0081% | +0.0019% | −$42 |
| UNI | +0.0100% | −0.0110% | +0.0210% | −$37 |
| ENA | +0.0100% | +0.0100% | 0.0000% | −$49 |
| LINK | +0.0100% | −0.0199% | +0.0299% | −$6 |
| BCH | +0.0100% | −0.0135% | +0.0235% | −$20 |
| DOGE | +0.0100% | +0.0003% | +0.0097% | −$22 |
| ASTER | +0.0100% | +0.0100% | 0.0000% | +$32 |
| TAO | +0.0100% | −0.0230% | +0.0330% | −$14 |
Only on Aster: 498
XAU · SKHYNIX · SOXL · KITE · GPRO · BZ · BULLA · PREDICT · KORU · SYN · IDOL · AGT · CAKE · ACN · MOONSHOT · AIN · BNC · OURA · EVAA · BIANRENSHENG · SQQQ · LYN · PAXG · JCT · ATOM · OPENAI · LUMIA · STRC · BAT · DOT · FF · PLAY · ETC · ADA · TRX · DNA · ZEREBRO · XLM · NATGAS · COIN · B · UNITREE · LONGXIA · ESPORTS · MAGMA · XNY · EWY · BRKB · HUMA · OPG · BR · ARIA · TRUMP · DRAM · ON · BTW · INJ · UB · ARB · TSM · and 438 more
Questions
Is Aster or Nado cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.02 on Aster and $7.13 on Nado right now, taker fee and order-book slippage together, so Nado is cheaper. Taker fees: 0.04% and 0.035%.
Which has more markets, Aster or Nado?
Aster lists 599 active markets and Nado 73; 71 assets trade on both, 29 of them stocks, commodities or other real-world assets.
Does Aster or Nado require KYC?
Aster: No ID to trade (the terms keep a right to limited checks); not for the US, Canada, the UK, China, Russia, Ukraine or sanctioned countries. Nado: No ID (card deposits through a third-party on-ramp may ask); the US and Canada are view-only, sanctioned countries blocked.
Can you arbitrage funding between Aster and Nado?
Yes: 6 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was ASTER, long on Nado and short on Aster, with $32 left after costs.
Which is bigger, Aster or Nado?
24-hour volume: Aster $2.25B, Nado $399.3M. Open interest as each reports it: $1.37B and $77.3M. Nado reports open interest as longs plus shorts, both sides of every position; Aster reports one side. For the same positions Nado's figure reads about twice as large. TVL: $505.4M and $53.8M.