Funding arb · Price arb /

ASTER

all ASTER markets

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 0.000%

Price spread now: MEXC against Binance+0.045%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$180.182% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.045%, 7d avg −0.004%

Together, before fees−0.041%−$4 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 0.048% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ASTERUSDT	0.7457	0.0100	pay 0.0050% / 4h	3h 35m	$91.5M	$107.7M	75x
Short	MEXC ASTER_USDT	0.7460	0.0100	get 0.0050% / 4h	3h 35m	$35.6M	$16.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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 BinancebpFee MEXCbpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → −0.004%: $4.84
Slippage, 4 orders: −$8.19
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$13.35
Costs to cover: 0.182%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 3 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 Binance live order book, 7 min ago	0.67 bp	8.1 bp −$8	13.4 bp −$134	58.9 bp −$5,895	doesn't fit
Sell MEXC live order book, 3 min ago	0.67 bp	0.7 bp −$1	4.7 bp −$47	43.0 bp −$4,304	154.9 bp −$77.5K

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
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7461	+0.061%	$265K	$856K	50x	as long as short
Backpack ASTER_USDC_PERP	−0.0030%	1h	0.7459	+0.034%	$211K	$407K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7459	+0.029%	$56.6M	$100.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7459	+0.029%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7462	+0.078%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7462	+0.070%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.894%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0075%	1h	0.7466	+0.127%	$343K	$483K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7461	+0.058%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7463	+0.086%	$920K	$879K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7454	−0.038%	$373K	$256K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7462	+0.065%	$256K	$102K	10x	as long as short
Binance ASTERUSDTlong	+0.0100%	4h	0.7457	long leg	$91.5M	$107.7M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7457	+0.005%	$49.9M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7454	−0.036%	$12.1M	$18.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7462	+0.072%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7460	+0.045%	$35.6M	$16.7M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7462	+0.072%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7459	+0.031%	$18.3M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7459	+0.031%	—	$9.6M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7458	+0.023%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7443	−0.185%	$462K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7458	+0.018%	$67K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7471	+0.192%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7463	+0.085%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7461	+0.058%	$244K	$111K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7457	+0.004%	$373K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7438	−0.248%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0112%	1h	0.7455	−0.022%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0252%	1h	0.7468	+0.157%	$26.0M	$6.5M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7462	+0.069%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7455	−0.022%	$3.5M	$1.9M	75x	as long as short