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 0.000%

Price spread now: SunX against Nado+0.117%7-day average +0.086% · 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−$264as in the Price arb table

costs, in and out, $10k−$2672.669% of the position

Long on Nado Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.015%+$2 on $10k

Price spread, last 3 days (all we have)−0.068%−$7 · spread now +0.117%, 7d avg +0.086%

Together, before fees−0.052%+ Points / potential airdropNado: Active · farm board−$5 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: SunX is 0.031% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.086%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7436	0.0100	pay 0.0012% / 1h	28m 42s	$372K	$254K	5x
Short	SunX ASTER-USDT	0.7445	0.0100	get 0.0050% / 4h	3h 28m	$2K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.117%Rate

Funding earned: $0
Price spread: +0.117% → +0.086%: $3.13
Slippage, 4 orders: −$251.86
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: −$263.73
Costs to cover: 2.669%
Break-even: 13547604795618004.0 days

Slippage from Nado: live order book, 44 min ago; SunX: live order book, 6 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, 44 min ago	0.94 bp	9.3 bp −$9	23.2 bp −$232	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	31.47 bp	124.9 bp −$125	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
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7442	+0.081%	$266K	$850K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7441	+0.060%	$56.4M	$99.5M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7449	+0.168%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7435	−0.013%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7438	+0.023%	$30K	—	150x	as long as short
Backpack ASTER_USDC_PERP	+0.0011%	1h	0.7439	+0.038%	$212K	$436K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.623%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0076%	1h	0.7441	+0.057%	$341K	$488K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0092%	4h	0.7431	−0.071%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7455	+0.251%	$919K	$881K	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	0.7436	long leg	$372K	$254K	5x
Pacifica ASTER	+0.0100%	1h	0.7450	+0.188%	$255K	$68K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7450	+0.184%	$91.6M	$107.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7450	+0.184%	$49.8M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7453	+0.225%	$12.0M	$18.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7439	+0.036%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7450	+0.184%	$35.7M	$16.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7449	+0.176%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7450	+0.184%	$18.3M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7450	+0.184%	—	$9.6M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7438	+0.028%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7444	+0.106%	$456K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7446	+0.130%	$66K	$714K	50x	as long as short
SunX ASTER-USDTshort	+0.0100%	4h	0.7445	+0.117%	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7437	+0.009%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7436	−0.004%	$243K	$110K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7451	+0.203%	$373K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7442	+0.072%	$215K	$2.0M	10x	as long as short
01 Exchange ASTERUSD	+0.0112%	1h	0.7444	+0.104%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0233%	1h	0.7460	+0.320%	$25.9M	$6.6M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7435	−0.018%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7442	+0.077%	$3.5M	$1.9M	75x	as long as short