Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: KuCoin against Nado−0.005%7-day average −0.033% · 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−$54as in the Price arb table

costs, in and out, $10k−$570.569% of the position

Long on Nado Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.040%−$4 on $10k

Price spread, last 3 days (all we have)−0.143%−$14 · spread now −0.005%, 7d avg −0.033%

Together, before fees−0.184%+ Points / potential airdropNado: Active · farm board−$18 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: KuCoin is 0.028% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7424	0.0100	pay 0.0012% / 1h	50m 18s	$371K	$266K	5x
Short	KuCoin ASTERUSDTM	0.7424	0.0100	get 0.0050% / 4h	3h 50m	$11.0M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.005%Rate

Funding earned: $0
Price spread: −0.005% → −0.033%: $2.8
Slippage, 4 orders: −$37.95
Fee Nado: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$54.15
Costs to cover: 0.569%
Break-even: 2781547328451810.5 days

Slippage from Nado: live order book, 22 min ago; KuCoin: live order book, 8 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, 22 min ago	0.94 bp	9.3 bp −$9	23.2 bp −$232	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	3.76 bp	18.3 bp −$18	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
Backpack ASTER_USDC_PERP	−0.0121%	1h	0.7418	−0.078%	$214K	$404K	10x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7429	+0.065%	$264K	$865K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0074%	1h	0.7413	−0.141%	$11K	$86K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7421	−0.035%	$56.4M	$101.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7426	+0.024%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7423	−0.018%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.458%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0076%	1h	0.7417	−0.100%	$340K	$507K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0095%	4h	0.7418	−0.081%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7427	+0.036%	$920K	$872K	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-PERPlong	+0.0100%	1h	0.7424	long leg	$371K	$266K	5x
Pacifica ASTER	+0.0100%	1h	0.7423	−0.007%	$254K	$104K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7421	−0.040%	$91.1M	$108.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7413	−0.148%	$49.6M	$22.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7413	−0.148%	$12.0M	$18.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7425	+0.013%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7421	−0.040%	$35.0M	$16.6M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7424	−0.005%	$11.0M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7413	−0.148%	$18.2M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7422	−0.027%	—	$9.7M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7424	+0.005%	$2.1M	$373K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7446	+0.298%	$458K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7445	+0.283%	$66K	$717K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7430	+0.081%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7414	−0.135%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7425	+0.013%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7413	−0.142%	$372K	$641K	25x	as long as short
01 Exchange ASTERUSD	+0.0104%	1h	0.7425	+0.013%	$8K	$4K	10x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7440	+0.209%	$215K	$1.9M	10x	as long as short
Hyperliquid ASTER	+0.0251%	1h	0.7429	+0.071%	$25.8M	$6.9M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7422	−0.023%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7426	+0.027%	$3.5M	$1.9M	75x	as long as short