Funding arb · Price arb /

NOT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%

Price spread now: KuCoin against Aster−0.109%7-day average — · you buy dearer than you sell

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

Long on Aster Short on KuCoin

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: KuCoin is 0.109% cheaper against Aster than usual: you would sell low and buy high, −$11 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 NOTUSDT	0.0005031	0.0100	pay 0.0050% / 4h	1h 01m	$14K	$9K	5x
Short	KuCoin NOTUSDTM	0.0005025	0.0100	get 0.0050% / 4h	1h 01m	$480K	$131K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.109%Rate

Funding earned: $0
Price spread: −0.109% → 0.000%: −$10.93
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$30.93
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 43 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 KuCoin live order book, 43 min ago	12.94 bp	85.2 bp −$85	345.7 bp −$3,457	doesn't fit	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.

NOT on 16 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
Variational Omni NOT	+0.0014%	4h	0.0005035	+0.082%	$72K	$38K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.111%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDT	+0.0093%	4h	0.0005034	+0.070%	$109K	$18K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005039	+0.173%	$11K	$6K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005030	−0.010%	$338K	$64K	3x	as long as short
Aster NOTUSDTlong	+0.0100%	4h	0.0005031	long leg	$14K	$9K	5x
Binance NOTUSDT	+0.0100%	4h	0.0005028	−0.050%	$2.1M	$2.9M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005023	−0.149%	$2.1M	$817K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005030	−0.010%	$640K	$658K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005040	+0.189%	$139K	$57K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDT	+0.0100%	4h	0.0005028	−0.050%	$1.4M	$467K	200x	as long as short
KuCoin NOTUSDTMshort	+0.0100%	4h	0.0005025	−0.109%	$480K	$131K	50x
Bitget NOTUSDT	+0.0100%	4h	0.0005033	+0.050%	$675K	$453K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005032	+0.030%	—	$8.5M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005027	−0.079%	$4K	—	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1945%	1h	0.0005028	−0.057%	$49K	$7K	10x	as long as short