Funding arb · Price arb /

NOT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Aster−0.034%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 MEXC

What this pair did over the last

the charts below follow

Funding, last 5 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 0.034% cheaper against Aster than usual: you would sell low and buy high, −$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 NOTUSDT	0.0005074	0.0100	pay 0.0050% / 4h	1h 58m	$14K	$9K	5x
Short	MEXC NOT_USDT	0.0005072	0.0100	get 0.0050% / 4h	1h 58m	$1.3M	$436K	200x

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 −0.034%Rate

Funding earned: $0
Price spread: −0.034% → 0.000%: −$3.35
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$15.35
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; MEXC: 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 Aster no order-book sample	—	—	—	—	—
Sell MEXC live order book, 2 min ago	3.94 bp	12.6 bp −$13	43.1 bp −$431	93.4 bp −$9,336	116.5 bp −$58.2K

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 15 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	−0.0238%	4h	0.0005064	−0.189%	$71K	$39K	—	as long as short
KuCoin NOTUSDTM	−0.0080%	4h	0.0005069	−0.093%	$464K	$133K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.936%	$1K	$13K	5.5x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005082	+0.164%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005070	−0.073%	$370K	$51K	3x	as long as short
Aster NOTUSDTlong	+0.0100%	4h	0.0005074	long leg	$14K	$9K	5x
Binance NOTUSDT	+0.0100%	4h	0.0005072	−0.034%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005067	−0.132%	$2.1M	$860K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005068	−0.112%	$635K	$650K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005071	−0.053%	$143K	$67K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDTshort	+0.0100%	4h	0.0005072	−0.034%	$1.3M	$436K	200x
Bitget NOTUSDT	+0.0100%	4h	0.0005076	+0.045%	$673K	$409K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0005072	−0.034%	—	$723K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005073	−0.021%	$4K	$491	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1938%	1h	0.0005106	+0.641%	$50K	$9K	10x	as long as short