Funding arb · Price arb /

NOT

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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 +0.018%

Price spread now: Aster against KuCoin+0.287%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Aster

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: Aster is 0.287% dearer against KuCoin than usual: you sell high and buy low, +$29 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	KuCoin NOTUSDTM	0.0004976	0.0100	pay 0.0050% / 4h	3h 27m	$471K	$133K	50x
Short	Aster NOTUSDT	0.0004990	0.0100	get 0.0050% / 4h	3h 27m	$14K	$9K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.287%Rate

Funding earned: $0
Price spread: +0.287% → 0.000%: $28.74
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: $8.74
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 66 min ago; Aster: no order-book sample. 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 KuCoin live order book, 66 min ago	10.94 bp	101.1 bp −$101	640.3 bp −$6,403	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−2.050%	$1K	$13K	5.5x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0004993	+0.340%	$11K	$6K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0004990	+0.281%	$336K	$66K	3x	as long as short
Aster NOTUSDTshort	+0.0100%	4h	0.0004990	+0.287%	$14K	$9K	5x
Binance NOTUSDT	+0.0100%	4h	0.0004995	+0.376%	$2.0M	$2.9M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0004993	+0.342%	$2.1M	$819K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005000	+0.482%	$639K	$651K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0004987	+0.221%	$140K	$59K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0004994	+0.362%	$1.3M	$458K	200x	as long as short
KuCoin NOTUSDTMlong	+0.0100%	4h	0.0004976	long leg	$471K	$133K	50x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NOTUSDT	+0.0100%	4h	0.0004993	+0.342%	$669K	$473K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0004993	+0.342%	—	$8.3M	—	as long as short
Variational Omni NOT	+0.0100%	4h	0.0004984	+0.164%	$71K	$38K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0004993	+0.333%	$4K	—	5x	as long as short
BloFin NOT-USDT	+0.0153%	4h	0.0004982	+0.121%	$108K	$18K	50x	as long as short
Kraken Futures PF_NOTUSD	+0.1160%	1h	0.0005000	+0.486%	$49K	$5K	10x	as long as short