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: Bybit against MEXC−0.041%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$280.285% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 7 days+0.043%+$4 · spread now −0.041%, 7d avg −0.007%

Together, before fees+0.006%+$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: Bybit is 0.034% cheaper against MEXC than usual: you would sell low and buy high, −$3 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	MEXC ASTER_USDT	0.7370	0.0100	pay 0.0050% / 4h	2h 11m	$34.6M	$20.9M	100x
Short	Bybit ASTERUSDT	0.7367	0.0100	get 0.0050% / 4h	2h 11m	$49.5M	$26.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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 MEXCbpFee BybitbpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → −0.007%: −$3.42
Slippage, 4 orders: −$17.48
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$31.9
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 2 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 MEXC live order book, 2 min ago	0.68 bp	0.7 bp −$1	5.7 bp −$57	44.9 bp −$4,488	123.5 bp −$61.7K
Sell Bybit live order book, 2 min ago	0.68 bp	11.6 bp −$12	43.8 bp −$438	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
Coinbase International ASTER-PERP-INTX	−0.0048%	1h	0.7358	−0.157%	$277K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7370	−0.002%	$52.8M	$114.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7366	−0.059%	$15K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7367	−0.041%	$6K	$7K	10x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7363	−0.095%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7360	−0.141%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.271%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0052%	4h	0.7360	−0.136%	$13K	$1K	10x	as long as short
Extended ASTER-USD	+0.0064%	1h	0.7370	0.000%	$369K	$646K	25x	as long as short
Lighter ASTER	+0.0096%	1h	0.7367	−0.035%	$899K	$939K	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	0.7357	−0.170%	$342K	$289K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7374	+0.050%	$25.2M	$8.1M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7371	+0.009%	$259K	$106K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7370	+0.003%	$92.6M	$128.4M	75x	as long as short
Bybit ASTERUSDTshort	+0.0100%	4h	0.7367	−0.041%	$49.5M	$26.1M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7371	+0.014%	$12.6M	$21.7M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7364	−0.081%	$6.4M	$5.9M	75x	as long as short
MEXC ASTER_USDTlong	+0.0100%	4h	0.7370	long leg	$34.6M	$20.9M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7365	−0.069%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7369	−0.014%	$17.9M	$8.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7366	−0.054%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7370	+0.003%	$210K	$497K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7307	−0.851%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7312	−0.787%	$455K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7316	−0.733%	$99K	$737K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7377	+0.095%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7365	−0.068%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7373	+0.041%	$247K	$184K	20x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7310	−0.817%	$213K	$2.2M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0293%	1h	0.7370	−0.001%	$340K	$644K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7356	−0.185%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7366	−0.054%	$3.5M	$2.1M	75x	as long as short