Funding arb · Price arb /

STABLE

all STABLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0327%/8h= −35.8% APRpaid last 24h −0.023%

Price spread now: Aster against Extended+0.101%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Aster

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 airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.101% dearer against Extended than usual: you sell high and buy low (spread +0.101% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended STABLE-USD	0.02466	0.0104	pay 0.0013% / 1h	33m 32s	$12K	$175K	10x
Short	Aster STABLEUSDT	0.02468	−0.0223	pay 0.0112% / 4h	1h 33m	$19K	$7K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now +0.101%Rate

Funding earned: −$68.72
Price spread: +0.101% → 0.000%: $10.11
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$71.61
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 48 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 Extended live order book, 48 min ago	5.66 bp	40.5 bp −$41	346.2 bp −$3,462	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.

STABLE 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
Aster STABLEUSDTshort	−0.0223%	4h	0.02468	+0.101%	$19K	$7K	20x
BloFin STABLE-USDT	+0.0052%	4h	0.02470	+0.182%	$113K	$7K	75x	as long as short
Lighter STABLE	+0.0096%	1h	0.02479	+0.563%	$114K	$3K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02466	+0.012%	$870K	$227K	3x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02466	+0.020%	$2.4M	$2.7M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02468	+0.121%	$1.5M	$762K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02464	−0.061%	$203K	$404K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02467	+0.061%	$172K	$87K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02466	+0.020%	$658K	$155K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02475	+0.385%	$177K	$27K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget STABLEUSDT	+0.0100%	4h	0.02467	+0.061%	$291K	$116K	25x	as long as short
BingX STABLE-USDT	+0.0100%	4h	0.02466	+0.020%	—	$6.5M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02471	+0.232%	$145K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02467	+0.077%	$1K	$656K	20x	as long as short
Extended STABLE-USDlong	+0.0104%	1h	0.02466	long leg	$12K	$175K	10x