Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0378%/8h= −41.4% APRpaid last 24h −0.043%

Price spread now: Deribit against MEXC−0.034%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$420.421% of the position

Long on MEXC Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.284%−$28 on $10k

Price spread, last 3 days (all we have)+0.031%+$3 · spread now −0.034%, 7d avg −0.019%

Together, before fees−0.254%−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ASTER_USDT	0.7381	0.0100	pay 0.0050% / 4h	2h 04m	$33.8M	$16.3M	100x
Short	Deribit ASTER_USDC-PERPETUAL	0.7379	−0.0278	pay 0.0035% / 1h	4m 45s	$11K	$87K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.034%Rate

Funding earned: −$79.44
Price spread: −0.034% → −0.019%: −$1.53
Slippage, 4 orders: −$35.15
Fee MEXC: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$123.12
Costs to cover: 0.421%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Deribit: live order book, 83 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, 4 min ago	0.68 bp	0.9 bp −$1	6.8 bp −$68	38.7 bp −$3,874	110.5 bp −$55.3K
Sell Deribit live order book, 83 min ago	9.57 bp	13.1 bp −$13	doesn't fit	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-PERPETUALshort	−0.0278%	1h	0.7379	−0.034%	$11K	$87K	25x
Coinbase International ASTER-PERP-INTX	−0.0160%	1h	0.7372	−0.115%	$250K	$825K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7410	+0.393%	$9	$96K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7377	−0.054%	$56.5M	$99.9M	200x	as long as short
dYdX ASTER-USD	+0.0002%	1h	0.7400	+0.252%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7380	−0.011%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7384	+0.039%	$909K	$852K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0098%	4h	0.7380	−0.014%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7388	+0.088%	$369K	$276K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7398	+0.225%	$254K	$108K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7379	−0.028%	$90.4M	$106.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7380	−0.014%	$49.4M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7381	0.000%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7379	−0.027%	$6.2M	$5.0M	75x	as long as short
MEXC ASTER_USDTlong	+0.0100%	4h	0.7381	long leg	$33.8M	$16.3M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7378	−0.035%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7380	−0.014%	$18.1M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7379	−0.027%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7383	+0.024%	$264K	$322K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7394	+0.178%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7409	+0.376%	$455K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7403	+0.298%	$66K	$717K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7401	+0.271%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7379	−0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7386	+0.068%	$241K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7380	−0.017%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0118%	4h	0.7408	+0.363%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7394	+0.176%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0263%	1h	0.7384	+0.040%	$284K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7381	+0.005%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7374	−0.095%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0461%	1h	0.7387	+0.081%	$25.7M	$6.7M	5x	as long as short