Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.006%

Price spread now: KuCoin against 01 Exchange−0.032%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. KuCoin is 0.032% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 37 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ASTERUSD	0.7288	0.0032	pay 0.0004% / 1h	21m 06s	$8K	$4K	10x
Short	KuCoin ASTERUSDTM	0.7286	0.0100	get 0.0050% / 4h	3h 21m	$10.8M	$3.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against 01 Exchange. 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 01 ExchangebpFee KuCoinbpOrdersPrice spread, now −0.032%Rate

Funding earned: $14.28
Price spread: −0.032% → 0.000%: −$3.16
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$7.88
Costs to cover: 0.190%
Break-even: 10.9 days

Slippage unknown: 01 Exchange: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 2 min ago	2.34 bp	23.3 bp −$23	51.1 bp −$511	doesn't fit	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0064%	1h	0.7284	−0.052%	$252K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7282	−0.077%	$52.6M	$112.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7284	−0.059%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7286	−0.026%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7288	−0.005%	$24K	—	150x	as long as short
01 Exchange ASTERUSDlong	+0.0032%	1h	0.7288	long leg	$8K	$4K	10x
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.400%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0065%	4h	0.7287	−0.014%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7287	−0.011%	$881K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7289	+0.008%	$363K	$273K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7287	−0.019%	$24.9M	$8.0M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7282	−0.088%	$254K	$81K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7283	−0.063%	$90.1M	$122.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7279	−0.123%	$49.0M	$25.4M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7282	−0.082%	$12.5M	$20.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7283	−0.069%	$6.4M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7282	−0.082%	$33.8M	$20.1M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7286	−0.032%	$10.8M	$3.3M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7281	−0.096%	$17.8M	$7.8M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7278	−0.137%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7284	−0.054%	$209K	$499K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7278	−0.135%	$2.1M	$416K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7283	−0.063%	$456K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7277	−0.151%	$99K	$730K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7296	+0.110%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7284	−0.055%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7272	−0.220%	$242K	$143K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7283	−0.062%	$365K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0115%	4h	0.7275	−0.172%	$211K	$2.2M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0206%	1h	0.7288	0.000%	$338K	$610K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7286	−0.033%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7280	−0.110%	$3.5M	$2.1M	75x	as long as short