Funding arb · Price arb /

ATH

all ATH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Aster+0.030%7-day average — · you sell dearer than you buy

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

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.030% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ATHUSDT	0.005499	0.0100	pay 0.0050% / 4h	2h 18m	$4K	$44K	5x
Short	MEXC ATH_USDT	0.005501	0.0100	get 0.0050% / 4h	2h 18m	$8.9M	$576K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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 AsterbpFee MEXCbpOrdersPrice spread, now +0.030%Rate

Funding earned: $0
Price spread: +0.030% → 0.000%: $3.02
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$12.98
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; MEXC: live order book, 3 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 Aster no order-book sample	—	—	—	—	—
Sell MEXC live order book, 3 min ago	1.82 bp	16.1 bp −$16	68.0 bp −$680	188.7 bp −$18.9K	doesn't fit

Aster: 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.

ATH on 13 exchanges

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
Kraken Futures PF_ATHUSD	−0.0877%	1h	0.005494	−0.088%	$16K	$61K	10x	as long as short
Variational Omni ATH	−0.0216%	4h	0.005483	−0.290%	$184K	$93K	—	as long as short
dYdX ATH-USD	0.0000%	1h	0.005506	+0.121%	$11K	$59	5x	as long as short
Aster ATHUSDTlong	+0.0100%	4h	0.005499	long leg	$4K	$44K	5x
Binance ATHUSDT	+0.0100%	4h	0.005499	−0.006%	$3.2M	$3.9M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005485	−0.261%	$4.3M	$2.5M	25x	as long as short
OKX ATH-USDT-SWAP	+0.0100%	4h	0.005489	−0.188%	$706K	$1.3M	20x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005490	−0.170%	$783K	$574K	30x	as long as short
MEXC ATH_USDTshort	+0.0100%	4h	0.005501	+0.030%	$8.9M	$576K	50x
KuCoin ATHUSDTM	+0.0100%	4h	0.005493	−0.115%	$549K	$77K	30x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ATHUSDT	+0.0100%	4h	0.005495	−0.079%	$1.5M	$890K	25x	as long as short
BingX ATH-USDT	+0.0100%	4h	0.005494	−0.097%	—	$23.1M	—	as long as short
BloFin ATH-USDT	+0.0123%	4h	0.005489	−0.188%	$160K	$71K	75x	as long as short