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 +0.005%

Price spread now: MEXC against KuCoin+0.032%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$460.464% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 7 days−0.038%−$4 · spread now +0.032%, 7d avg −0.006%

Together, before fees+0.010%+$1 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 0.038% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7205	0.0100	pay 0.0050% / 4h	38m 34s	$10.7M	$3.3M	75x
Short	MEXC ASTER_USDT	0.7207	0.0100	get 0.0050% / 4h	38m 34s	$32.4M	$18.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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 KuCoinbpFee MEXCbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → −0.006%: $3.76
Slippage, 4 orders: −$34.41
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$42.65
Costs to cover: 0.464%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; MEXC: live order book, 5 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 KuCoin live order book, 5 min ago	3.58 bp	22.0 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.38 bp	1.9 bp −$2	5.7 bp −$57	19.8 bp −$1,982	109.6 bp −$54.8K

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
Deribit ASTER_USDC-PERPETUAL	−0.0345%	1h	0.7225	+0.278%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0072%	1h	0.7225	+0.287%	$258K	$965K	50x	as long as short
01 Exchange ASTERUSD	−0.0048%	1h	0.7214	+0.129%	$8K	$4K	10x	as long as short
Aster ASTERUSDT	−0.0041%	4h	0.7211	+0.081%	$53.5M	$108.5M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7209	+0.054%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7235	+0.422%	$30K	—	150x	as long as short
SoDEX ASTER-USD	+0.0009%	1h	0.7224	+0.268%	$13K	$8K	5x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.572%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0070%	4h	0.7232	+0.379%	$13K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7211	+0.086%	$872K	$919K	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	0.7217	+0.173%	$356K	$266K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7213	+0.115%	$24.9M	$6.8M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7212	+0.099%	$251K	$80K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7215	+0.138%	$88.4M	$117.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7216	+0.157%	$48.4M	$24.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7218	+0.185%	$12.0M	$19.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7208	+0.046%	$6.3M	$5.5M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7207	+0.032%	$32.4M	$18.7M	100x
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7205	long leg	$10.7M	$3.3M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7215	+0.143%	$17.6M	$7.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7210	+0.074%	—	$9.8M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7219	+0.205%	$215K	$492K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7237	+0.451%	$2.0M	$395K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7238	+0.457%	$447K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7249	+0.615%	$83K	$724K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7233	+0.393%	$2K	$1.7M	20x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7229	+0.337%	$240K	$140K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7211	+0.088%	$361K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0113%	4h	0.7261	+0.783%	$210K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0285%	1h	0.7228	+0.329%	$340K	$569K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7233	+0.389%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7229	+0.337%	$3.5M	$2.1M	75x	as long as short