Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.022%

Price spread now: MEXC against Injective−0.812%7-day average +0.021% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 4 days (all we have)+2.349%+$235 · spread now −0.812%, 7d avg +0.021%

Together, before fees+2.449%+$245 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.833% cheaper against Injective than usual: you would sell low and buy high (spread −0.812% now, against its 7-day average of +0.021%). If the spread goes back, that is −$83 on $10k: about 42 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ASTER/USDC PERP	0.7390	0.0033	pay 0.0004% / 1h	4m 53s	$9	$133K	5.5x
Short	MEXC ASTER_USDT	0.7330	0.0100	get 0.0050% / 4h	1h 04m	$35.0M	$20.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpFee MEXCbpOrdersPrice spread, now −0.812%Rate

Funding earned: $14
Price spread: −0.812% → +0.021%: −$83.27
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee MEXC: 0 bp × 2 orders: $0
Net: −$69.29
Costs to cover: 0.000%
Break-even: 41.6 days

Slippage unknown: Injective: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell MEXC live order book, 4 min ago	0.68 bp	1.0 bp −$1	5.3 bp −$53	27.1 bp −$2,711	145.5 bp −$72.7K

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0024%	1h	0.7339	−0.691%	$254K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7334	−0.761%	$52.1M	$116.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7341	−0.669%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7334	−0.762%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7338	−0.704%	$24K	—	150x	as long as short
Injective ASTER/USDC PERPlong	+0.0033%	1h	0.7390	long leg	$9	$133K	5.5x
Kraken Futures PF_ASTERUSD	+0.0042%	1h	0.7337	−0.724%	$340K	$671K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0075%	4h	0.7331	−0.798%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7338	−0.698%	$888K	$956K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7339	−0.683%	$347K	$297K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7344	−0.622%	$258K	$114K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7334	−0.760%	$92.8M	$132.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7331	−0.798%	$49.5M	$26.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7335	−0.744%	$12.5M	$22.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7332	−0.785%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7330	−0.812%	$35.0M	$20.9M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7333	−0.767%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7332	−0.785%	$17.9M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7334	−0.758%	—	$9.9M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7341	−0.660%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7341	−0.660%	$451K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7341	−0.663%	$100K	$739K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7358	−0.433%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7332	−0.785%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7339	−0.690%	$245K	$202K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7333	−0.773%	$367K	$651K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7338	−0.700%	$214K	$2.2M	10x	as long as short
Backpack ASTER_USDC_PERP	+0.0167%	1h	0.7336	−0.727%	$209K	$493K	10x	as long as short
01 Exchange ASTERUSD	+0.0168%	1h	0.7341	−0.663%	$6K	$7K	10x	as long as short
Hyperliquid ASTER	+0.0253%	1h	0.7342	−0.652%	$25.0M	$8.2M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7335	−0.739%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7340	−0.677%	$3.6M	$2.1M	75x	as long as short