Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: Nado against Aster+0.011%7-day average +0.025% · 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−$30as in the Price arb table

costs, in and out, $10k−$290.287% of the position

Long on Aster Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.098%+$10 on $10k

Price spread, last 4 days (all we have)+0.608%+$61 · spread now +0.011%, 7d avg +0.025%

Together, before fees+0.706%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$71 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ASTERUSDT	0.7332	0	get 0.0000% / 4h	3h 53m	$51.6M	$112.8M	200x
Short	Nado ASTER-PERP	0.7333	0.0100	get 0.0012% / 1h	53m 07s	$346K	$292K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.011%Rate

Funding earned: $21
Price spread: +0.011% → +0.025%: −$1.4
Slippage, 4 orders: −$13.73
Fee Aster: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$9.13
Costs to cover: 0.287%
Break-even: 10.0 days

Slippage from Aster: live order book, 6 min ago; Nado: live order book, 45 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, 6 min ago	0.68 bp	5.2 bp −$5	13.0 bp −$130	131.6 bp −$13.2K	doesn't fit
Sell Nado live order book, 45 min ago	1.50 bp	9.0 bp −$9	22.9 bp −$229	doesn't fit	doesn't fit

ASTER on 32 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
GRVT ASTER_USDT_Perp	−0.0122%	4h	0.7311	−0.291%	$459K	$4.1M	10x	as long as short
Gate ASTER_USDT	−0.0030%	4h	0.7330	−0.027%	$6.3M	$5.7M	75x	as long as short
Aster ASTERUSDTlong	0.0000%	4h	0.7332	long leg	$51.6M	$112.8M	200x
dYdX ASTER-USD	0.0000%	1h	0.7326	−0.086%	$14K	$1K	5x	as long as short
Extended ASTER-USD	0.0000%	1h	0.7333	+0.016%	$367K	$654K	25x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7335	+0.044%	$11K	$56K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7322	−0.138%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0008%	1h	0.7330	−0.027%	$6K	$7K	10x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7329	−0.038%	$254K	$1.3M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.791%	$9	$133K	5.5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ASTER_USDC	+0.0080%	4h	0.7335	+0.041%	$13K	$1K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0095%	1h	0.7337	+0.072%	$337K	$641K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7338	+0.082%	$892K	$919K	5x	as long as short
Nado ASTER-PERPshort	+0.0100%	1h	0.7333	+0.011%	$346K	$292K	5x
Pacifica ASTER	+0.0100%	1h	0.7324	−0.103%	$258K	$113K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7336	+0.052%	$92.7M	$130.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7336	+0.055%	$49.6M	$26.3M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7333	+0.014%	$12.4M	$22.4M	50x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7337	+0.068%	$34.9M	$20.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7331	−0.012%	$11.1M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7335	+0.041%	$17.9M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7334	+0.027%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7340	+0.108%	$210K	$475K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7320	−0.160%	$2.1M	$383K	—	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7316	−0.218%	$112K	$746K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7342	+0.136%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7333	+0.014%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7319	−0.177%	$245K	$203K	20x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7312	−0.272%	$213K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0119%	1h	0.7343	+0.147%	$25.2M	$8.0M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7333	+0.009%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7333	+0.014%	$3.6M	$2.1M	75x	as long as short