Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Aster against Nado−0.022%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$290.294% of the position

Long on Nado Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.089%−$9 on $10k

Price spread, last 3 days (all we have)−0.123%−$12 · spread now −0.022%, 7d avg −0.026%

Together, before fees−0.213%+ Points / potential airdropNado: Active · Aster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7473	0.0100	pay 0.0012% / 1h	8m 54s	$374K	$254K	5x
Short	Aster ASTERUSDT	0.7472	0	get 0.0000% / 4h	3h 08m	$56.6M	$99.6M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Nado. 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 NadobpFee AsterbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$21
Price spread: −0.022% → −0.026%: $0.37
Slippage, 4 orders: −$14.41
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$50.04
Costs to cover: 0.294%
Break-even: never at this rate

Slippage from Nado: live order book, 64 min ago; Aster: 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 Nado live order book, 64 min ago	0.94 bp	9.3 bp −$9	23.2 bp −$232	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	0.67 bp	5.5 bp −$5	9.1 bp −$91	118.4 bp −$11.8K	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	−0.0080%	1h	0.7456	−0.233%	$265K	$852K	50x	as long as short
Aster ASTERUSDTshort	0.0000%	4h	0.7472	−0.022%	$56.6M	$99.6M	200x
dYdX ASTER-USD	0.0000%	1h	0.7470	−0.049%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7472	−0.025%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0009%	1h	0.7472	−0.018%	$33K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−1.117%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0075%	1h	0.7475	+0.023%	$343K	$496K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0096%	4h	0.7476	+0.033%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7475	+0.020%	$921K	$881K	5x	as long as short
01 Exchange ASTERUSD	+0.0096%	1h	0.7471	−0.033%	$8K	$4K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERPlong	+0.0100%	1h	0.7473	long leg	$374K	$254K	5x
Pacifica ASTER	+0.0100%	1h	0.7474	+0.007%	$256K	$68K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7470	−0.049%	$91.9M	$107.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7473	−0.007%	$49.8M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7472	−0.020%	$12.2M	$18.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7473	−0.007%	$6.5M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7470	−0.047%	$35.6M	$17.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7474	+0.012%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7471	−0.033%	$18.4M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7470	−0.047%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7473	−0.009%	$218K	$450K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7451	−0.297%	$2.1M	$370K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7461	−0.174%	$463K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7453	−0.274%	$66K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7479	+0.074%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7470	−0.047%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7471	−0.033%	$244K	$110K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7469	−0.065%	$373K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0107%	4h	0.7453	−0.277%	$215K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0222%	1h	0.7481	+0.099%	$26.0M	$6.4M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0306% / S −0.0215%	1h	0.7472	−0.023%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7473	−0.007%	$3.5M	$1.8M	75x	as long as short