Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against HTX+0.083%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1121.118% of the position

Long on HTX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.083%, 7d avg +0.009%

Together, before fees−0.100%−$10 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 0.074% dearer against HTX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ASTER-USDT	0.7270	0.0100	pay 0.0050% / 4h	2h 35m	$242K	$145K	20x
Short	MEXC ASTER_USDT	0.7276	0.0100	get 0.0050% / 4h	2h 35m	$34.3M	$20.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against HTX. 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 HTXbpFee MEXCbpOrdersPrice spread, now +0.083%Rate

Funding earned: $0
Price spread: +0.083% → +0.009%: $7.38
Slippage, 4 orders: −$99.78
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$104.4
Costs to cover: 1.118%
Break-even: never at this rate

Slippage from HTX: live order book, 11 min ago; MEXC: live order book, 4 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 HTX live order book, 11 min ago	8.27 bp	38.1 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.69 bp	1.2 bp −$1	5.0 bp −$50	28.0 bp −$2,799	144.7 bp −$72.4K

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	−0.0048%	1h	0.7268	−0.030%	$268K	$1.2M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7273	+0.036%	$52.2M	$112.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7275	+0.067%	$14K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7269	−0.014%	$6K	$7K	10x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7274	+0.052%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7269	−0.009%	$23K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.651%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0054%	4h	0.7277	+0.096%	$13K	$1K	10x	as long as short
Extended ASTER-USD	+0.0064%	1h	0.7273	+0.035%	$364K	$637K	25x	as long as short
Lighter ASTER	+0.0096%	1h	0.7275	+0.072%	$881K	$922K	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	0.7275	+0.069%	$342K	$285K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7278	+0.109%	$24.9M	$8.0M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7272	+0.030%	$253K	$83K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7271	+0.018%	$89.8M	$122.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7274	+0.055%	$49.0M	$25.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7269	−0.014%	$12.6M	$20.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7268	−0.028%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7276	+0.083%	$34.3M	$20.6M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7273	+0.045%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7274	+0.055%	$17.8M	$8.0M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7271	+0.014%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7268	−0.032%	$210K	$487K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7253	−0.229%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7243	−0.370%	$446K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7251	−0.261%	$98K	$733K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7281	+0.151%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7272	+0.028%	$13K	$8K	5x	as long as short
HTX ASTER-USDTlong	+0.0100%	4h	0.7270	long leg	$242K	$145K	20x
edgeX ASTERUSDC	+0.0105%	4h	0.7245	−0.345%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0297%	1h	0.7277	+0.095%	$337K	$626K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7271	+0.019%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7270	0.000%	$3.5M	$2.1M	75x	as long as short