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: OKX against KuCoin−0.317%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$680.679% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 7 days+0.299%+$30 · spread now −0.317%, 7d avg −0.007%

Together, before fees+0.368%+$37 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: OKX is 0.309% cheaper against KuCoin than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7422	0.0100	pay 0.0050% / 4h	3h 02m	$11.0M	$3.1M	75x
Short	OKX ASTER-USDT-SWAP	0.7399	0.0100	get 0.0050% / 4h	3h 02m	$12.0M	$18.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.317%Rate

Funding earned: $0
Price spread: −0.317% → −0.007%: −$30.92
Slippage, 4 orders: −$45.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$98.87
Costs to cover: 0.679%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; OKX: 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 KuCoin live order book, 1 min ago	2.29 bp	20.1 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.67 bp	12.4 bp −$12	23.8 bp −$238	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
Deribit ASTER_USDC-PERPETUAL	−0.0114%	1h	0.7423	+0.013%	$11K	$86K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7429	+0.085%	$266K	$851K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7413	−0.122%	$56.1M	$99.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7403	−0.266%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0009%	1h	0.7426	+0.050%	$32K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.438%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0076%	1h	0.7428	+0.072%	$341K	$496K	20x	as long as short
01 Exchange ASTERUSD	+0.0088%	1h	0.7400	−0.303%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7428	+0.074%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7424	+0.023%	$915K	$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	0.7398	−0.330%	$370K	$255K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7408	−0.198%	$254K	$68K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7402	−0.273%	$91.1M	$108.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7399	−0.317%	$49.4M	$22.2M	75x	as long as short
OKX ASTER-USDT-SWAPshort	+0.0100%	4h	0.7399	−0.317%	$12.0M	$18.1M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7404	−0.249%	$6.5M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7400	−0.303%	$35.6M	$17.4M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7422	long leg	$11.0M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7400	−0.303%	$18.1M	$6.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7396	−0.357%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7422	−0.005%	$218K	$452K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7451	+0.386%	$2.1M	$370K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7462	+0.532%	$458K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7462	+0.532%	$67K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7429	+0.088%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7424	+0.020%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7425	+0.034%	$243K	$110K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7396	−0.352%	$371K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7460	+0.511%	$215K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0217%	1h	0.7404	−0.244%	$25.7M	$6.4M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7423	+0.013%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7413	−0.128%	$3.5M	$1.8M	75x	as long as short