Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Nado against Bybit−0.010%7-day average +0.053% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on Bybit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.027%+$3 on $10k

Price spread, last 4 days (all we have)+0.641%+$64 · spread now −0.010%, 7d avg +0.053%

Together, before fees+0.668%+ Points / potential airdropNado: Active · farm board+$67 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: Nado is 0.063% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTERUSDT	0.7346	0.0100	pay 0.0050% / 4h	2h 46m	$49.2M	$22.7M	75x
Short	Nado ASTER-PERP	0.7345	0.0100	get 0.0012% / 1h	46m 09s	$365K	$257K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.010%Rate

Funding earned: $0
Price spread: −0.010% → +0.053%: −$6.31
Slippage, 4 orders: −$23.86
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$48.17
Costs to cover: 0.419%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Nado: live order book, 22 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, 3 min ago	0.68 bp	11.3 bp −$11	47.0 bp −$470	doesn't fit	doesn't fit
Sell Nado live order book, 22 min ago	0.87 bp	7.9 bp −$8	22.6 bp −$226	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
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7385	+0.534%	$271K	$857K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7344	−0.021%	$55.3M	$101.2M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7347	+0.008%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7345	−0.007%	$29K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.599%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0064%	1h	0.7348	+0.027%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0095%	4h	0.7348	+0.027%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7350	+0.057%	$892K	$897K	5x	as long as short
Nado ASTER-PERPshort	+0.0100%	1h	0.7345	−0.010%	$365K	$257K	5x
Pacifica ASTER	+0.0100%	1h	0.7348	+0.027%	$252K	$71K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7347	+0.014%	$90.0M	$110.1M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7346	long leg	$49.2M	$22.7M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7350	+0.054%	$12.0M	$18.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7347	+0.014%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7347	+0.014%	$34.9M	$17.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7347	+0.018%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7345	−0.014%	$17.8M	$6.8M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7343	−0.041%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7347	+0.015%	$217K	$476K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7342	−0.050%	$2.1M	$376K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7373	+0.370%	$458K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7373	+0.368%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7345	−0.014%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7346	0.000%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7347	+0.014%	$240K	$109K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7345	−0.012%	$367K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7372	+0.358%	$213K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0121%	1h	0.7352	+0.079%	$25.5M	$6.6M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7350	+0.059%	$338K	$500K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7344	−0.028%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7365	+0.259%	$3.5M	$1.9M	75x	as long as short
dYdX ASTER-USD	+0.0357%	1h	0.7347	+0.012%	$14K	$1K	5x	as long as short