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 −0.001%

Price spread now: MEXC against Bybit−0.027%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days+0.025%+$2 · spread now −0.027%, 7d avg +0.007%

Together, before fees+0.059%+$6 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 0.034% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTERUSDT	0.7357	0.0100	pay 0.0050% / 4h	1h 57m	$49.2M	$22.5M	75x
Short	MEXC ASTER_USDT	0.7355	0.0100	get 0.0050% / 4h	1h 57m	$33.5M	$17.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → +0.007%: −$3.4
Slippage, 4 orders: −$13.84
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: −$28.23
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 1 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 Bybit live order book, 2 min ago	0.68 bp	10.3 bp −$10	41.1 bp −$411	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.68 bp	0.9 bp −$1	4.5 bp −$45	19.7 bp −$1,974	105.1 bp −$52.5K

ASTER on 31 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	−0.0088%	1h	0.7342	−0.201%	$266K	$849K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0049%	1h	0.7356	−0.011%	$11K	$86K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7356	−0.016%	$55.0M	$101.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7357	−0.003%	$15K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7359	+0.027%	$34K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0024%	1h	0.7356	−0.014%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.449%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0095%	4h	0.7359	+0.027%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7362	+0.064%	$894K	$896K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7358	+0.013%	$367K	$254K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7365	+0.102%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7360	+0.039%	$256K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7356	−0.014%	$90.3M	$109.4M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7357	long leg	$49.2M	$22.5M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7357	0.000%	$12.1M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7358	+0.014%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7355	−0.027%	$33.5M	$17.7M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7359	+0.020%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7356	−0.014%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7357	0.000%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7365	+0.105%	$219K	$479K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7374	+0.227%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7375	+0.242%	$459K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7377	+0.272%	$66K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7364	+0.095%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7364	+0.095%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7374	+0.231%	$244K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7356	−0.009%	$367K	$639K	25x	as long as short
edgeX ASTERUSDC	+0.0113%	4h	0.7373	+0.211%	$213K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0243%	1h	0.7370	+0.171%	$339K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7356	−0.008%	$28K	—	100x	as long as short