Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%

Price spread now: Nado against Binance+0.096%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$350.347% of the position

Long on Binance Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.096%, 7d avg +0.038%

Together, before fees+0.113%+ Points / potential airdropNado: Active · farm board+$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.058% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ASTERUSDT	0.7255	0.0100	pay 0.0050% / 4h	2h 53m	$89.8M	$122.8M	75x
Short	Nado ASTER-PERP	0.7262	0.0100	get 0.0012% / 1h	53m 54s	$341K	$288K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Binance. 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 BinancebpFee NadobpOrdersPrice spread, now +0.096%Rate

Funding earned: $0
Price spread: +0.096% → +0.038%: $5.81
Slippage, 4 orders: −$17.68
Fee Binance: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$28.87
Costs to cover: 0.347%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Nado: live order book, 59 min ago.

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 Binance live order book, 4 min ago	0.69 bp	7.8 bp −$8	13.9 bp −$139	88.8 bp −$8,879	doesn't fit
Sell Nado live order book, 59 min ago	0.82 bp	9.4 bp −$9	24.4 bp −$244	doesn't fit	doesn't fit

ASTER on 32 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
Deribit ASTER_USDC-PERPETUAL	−0.0108%	1h	0.7256	+0.010%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0048%	1h	0.7251	−0.051%	$270K	$1.2M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7257	+0.025%	$52.2M	$112.5M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7264	+0.118%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7258	+0.043%	$23K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0024%	1h	0.7256	+0.014%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.861%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0060%	4h	0.7259	+0.055%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7259	+0.062%	$878K	$918K	5x	as long as short
Nado ASTER-PERPshort	+0.0100%	1h	0.7262	+0.096%	$341K	$288K	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7262	+0.095%	$253K	$83K	10x	as long as short
Binance ASTERUSDTlong	+0.0100%	4h	0.7255	long leg	$89.8M	$122.8M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7254	−0.014%	$48.8M	$25.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7258	+0.041%	$12.4M	$20.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7258	+0.041%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7257	+0.028%	$33.9M	$20.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7254	−0.011%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7257	+0.028%	$17.7M	$7.9M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7256	+0.014%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7257	+0.029%	$210K	$487K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7271	+0.224%	$2.1M	$413K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7277	+0.300%	$446K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7277	+0.303%	$99K	$733K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7268	+0.179%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7257	+0.028%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7259	+0.055%	$241K	$143K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7254	−0.010%	$362K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7272	+0.238%	$212K	$2.1M	10x	as long as short
Hyperliquid ASTER	+0.0126%	1h	0.7267	+0.163%	$24.8M	$8.0M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0298%	1h	0.7261	+0.089%	$337K	$626K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7259	+0.061%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7264	+0.124%	$3.3M	$2.1M	75x	as long as short