Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%

Price spread now: BloFin against Nado+0.053%103s7-day average −0.039% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$390.387% of the position

Long on Nado Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.256%+$26 on $10k

Price spread, last 4 days (all we have)−0.253%−$25 · spread now +0.053%, 7d avg −0.039%

Together, before fees+0.004%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.092% dearer against Nado than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.039%. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7264	0.0100	pay 0.0012% / 1h	25m 25s	$343K	$290K	5x
Short	BloFin ASTER-USDT	0.7268	0.0340	get 0.0170% / 4h	3h 25m	$3.6M	$2.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.053%Rate

Funding earned: $50.4
Price spread: +0.053% → −0.039%: $9.24
Slippage, 4 orders: −$19.68
Fee Nado: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: $20.96
Costs to cover: 0.387%
Break-even: 4.1 days

Slippage from Nado: live order book, 7 min ago; BloFin: live order book, 3 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, 7 min ago	0.89 bp	7.5 bp −$8	26.2 bp −$262	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	2.07 bp	13.0 bp −$13	22.6 bp −$226	49.4 bp −$4,941	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
Bybit ASTERUSDT	−0.0015%	4h	0.7260	−0.057%	$49.2M	$26.3M	75x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0012%	1h	0.7260	−0.061%	$11K	$56K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7259	−0.071%	$51.0M	$112.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7261	−0.049%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7261	−0.043%	$23K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7271	+0.094%	$253K	$1.3M	50x	as long as short
Gate ASTER_USDT	+0.0024%	4h	0.7260	−0.057%	$6.3M	$5.8M	75x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.732%	$9	$133K	5.5x	as long as short
Extended ASTER-USD	+0.0048%	1h	0.7262	−0.031%	$364K	$654K	25x	as long as short
01 Exchange ASTERUSD	+0.0048%	1h	0.7261	−0.043%	$6K	$7K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ASTER_USDC	+0.0078%	4h	0.7260	−0.057%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7264	−0.005%	$881K	$921K	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0096%	1h	0.7257	−0.092%	$333K	$641K	20x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7264	long leg	$343K	$290K	5x
Pacifica ASTER	+0.0100%	1h	0.7261	−0.040%	$256K	$113K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7260	−0.063%	$91.6M	$130.4M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7260	−0.057%	$12.3M	$22.2M	50x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7260	−0.057%	$34.0M	$20.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7261	−0.038%	$11.0M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7262	−0.030%	$17.8M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7260	−0.057%	—	$10.3M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7257	−0.101%	$208K	$469K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7250	−0.194%	$2.1M	$427K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7266	+0.019%	$453K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7270	+0.081%	$111K	$730K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7265	+0.012%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7252	−0.167%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7262	−0.030%	$243K	$203K	20x	as long as short
edgeX ASTERUSDC	+0.0109%	4h	0.7263	−0.016%	$212K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0138%	1h	0.7267	+0.032%	$24.9M	$7.9M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7262	−0.030%	$27K	—	100x	as long as short
BloFin ASTER-USDTshort	+0.0340%	4h	0.7268	+0.053%	$3.6M	$2.1M	75x