Funding arb · Price arb /

AR

all AR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: MEXC against Aster+0.077%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$780.777% of the position

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.006%−$1 on $10k

Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.077%, 7d avg +0.003%

Together, before fees−0.183%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.074% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ARUSDT	4.2657	0.0100	pay 0.0100% / 8h	1h 05m	$32K	$411K	10x
Short	MEXC AR_USDT	4.2690	0.0100	get 0.0100% / 8h	1h 05m	$5.9M	$4.3M	100x

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 +0.077%Rate

Funding earned: $0
Price spread: +0.077% → +0.003%: $7.4
Slippage, 4 orders: −$65.71
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$70.32
Costs to cover: 0.777%
Break-even: never at this rate

Slippage from Aster: live order book, 37 min ago; MEXC: live order book, 2 min ago.

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 live order book, 37 min ago	14.16 bp	36.0 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.34 bp	4.3 bp −$4	19.6 bp −$196	207.4 bp −$20.7K	doesn't fit

AR on 17 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
Kraken Futures PF_ARUSD	−0.2647%	1h	4.2639	−0.042%	$53K	$183K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0550%	1h	4.2670	+0.031%	$548K	—	50x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.4240	+3.711%	$2K	$5K	5.5x	as long as short
Hyperliquid AR	+0.0100%	1h	4.2741	+0.197%	$3.8M	$4.8M	5x	as long as short
Aster ARUSDTlong	+0.0100%	8h	4.2657	long leg	$32K	$411K	10x
Binance ARUSDT	+0.0100%	8h	4.2675	+0.043%	$8.5M	$50.1M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.2673	+0.038%	$4.4M	$9.0M	75x	as long as short
OKX AR-USDT-SWAP	+0.0100%	8h	4.2630	−0.063%	$2.2M	$16.5M	20x	as long as short
Gate AR_USDT	+0.0100%	8h	4.2590	−0.157%	$2.0M	$3.4M	50x	as long as short
MEXC AR_USDTshort	+0.0100%	8h	4.2690	+0.077%	$5.9M	$4.3M	100x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ARUSDTM	+0.0100%	8h	4.2630	−0.063%	$1.1M	$1.3M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.2620	−0.087%	$3.7M	$5.3M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.2660	+0.007%	—	$2.8M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.2688	+0.072%	$245K	$517K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.2690	+0.077%	$20K	$713K	50x	as long as short
Extended AR-USD	+0.0104%	1h	4.2671	+0.034%	$37K	$244K	10x	as long as short
BloFin AR-USDT	+0.0220%	8h	4.2690	+0.077%	$416K	$447K	20x	as long as short