Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: MEXC against Extended+0.017%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$140.141% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.017%, 7d avg −0.003%

Together, before fees−0.026%+ Points / potential airdropExtended: Active · farm board−$3 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 0.020% dearer against Extended than usual: you sell high and buy low, +$2 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	Extended ASTER-USD	0.7443	0.0104	pay 0.0013% / 1h	33m 17s	$373K	$641K	25x
Short	MEXC ASTER_USDT	0.7444	0.0100	get 0.0050% / 4h	3h 33m	$35.6M	$16.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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 ExtendedbpFee MEXCbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$0.84
Price spread: +0.017% → −0.003%: $2
Slippage, 4 orders: −$9.08
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 0 bp × 2 orders: $0
Net: −$12.91
Costs to cover: 0.141%
Break-even: never at this rate

Slippage from Extended: live order book, 40 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 Extended live order book, 40 min ago	3.29 bp	6.2 bp −$6	8.7 bp −$87	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.67 bp	1.4 bp −$1	4.8 bp −$48	23.7 bp −$2,367	127.0 bp −$63.5K

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	0.7459	+0.218%	$266K	$852K	50x	as long as short
Backpack ASTER_USDC_PERP	−0.0034%	1h	0.7453	+0.132%	$211K	$406K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7443	+0.007%	$56.4M	$100.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7454	+0.146%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7441	−0.025%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7443	+0.001%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.709%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0076%	1h	0.7444	+0.023%	$342K	$485K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0092%	4h	0.7447	+0.057%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7446	+0.044%	$918K	$881K	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	0.7453	+0.143%	$372K	$256K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7452	+0.126%	$255K	$102K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7441	−0.024%	$91.3M	$107.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7442	−0.010%	$49.8M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7442	−0.010%	$12.0M	$18.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7447	+0.057%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7444	+0.017%	$35.6M	$16.7M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7443	−0.002%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7445	+0.030%	$18.3M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7440	−0.037%	—	$9.6M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7458	+0.210%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7453	+0.138%	$463K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7458	+0.205%	$67K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7451	+0.111%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7441	−0.024%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7442	−0.010%	$244K	$110K	20x	as long as short
edgeX ASTERUSDC	+0.0101%	4h	0.7453	+0.140%	$215K	$1.9M	10x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7443	long leg	$373K	$641K	25x
01 Exchange ASTERUSD	+0.0120%	1h	0.7452	+0.124%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0241%	1h	0.7451	+0.110%	$25.9M	$6.6M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7441	−0.023%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7442	−0.010%	$3.5M	$1.9M	75x	as long as short