Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Nado against BingX+0.020%53s7-day average +0.052% · 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—prices read too far apart to compare

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

Long on BingX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.008%−$1 on $10k

Price spread, last 4 days (all we have)+0.611%+$61 · spread now +0.020%, 7d avg +0.052%

Together, before fees+0.603%+ Points / potential airdropNado: Active · farm board+$60 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 0.031% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.052%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ASTER-USDT	0.7326	0.0100	pay 0.0050% / 4h	3h 53m	—	$10.2M	—
Short	Nado ASTER-PERP	0.7327	0.0100	get 0.0012% / 1h	53m 24s	$346K	$292K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against BingX. 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 BingXbpFee NadobpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → +0.052%: −$3.12
Slippage, 4 orders: −$17.68
Fee BingX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$37.8
Costs to cover: 0.347%
Break-even: never at this rate

Slippage from BingX: live order book, 15 min ago; Nado: live order book, 44 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 BingX live order book, 15 min ago	2.05 bp	7.8 bp −$8	14.3 bp −$143	54.5 bp −$5,453	219.9 bp −$110.0K
Sell Nado live order book, 44 min ago	1.50 bp	9.0 bp −$9	22.9 bp −$229	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
GRVT ASTER_USDT_Perp	−0.0122%	4h	0.7311	−0.209%	$459K	$4.1M	10x	as long as short
Gate ASTER_USDT	−0.0030%	4h	0.7323	−0.041%	$6.3M	$5.7M	75x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7328	+0.027%	$51.6M	$112.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7326	−0.004%	$14K	$1K	5x	as long as short
Extended ASTER-USD	0.0000%	1h	0.7324	−0.027%	$367K	$654K	25x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7321	−0.063%	$11K	$56K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7322	−0.056%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0008%	1h	0.7330	+0.055%	$6K	$7K	10x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7329	+0.044%	$254K	$1.3M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.874%	$9	$133K	5.5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ASTER_USDC	+0.0080%	4h	0.7323	−0.041%	$13K	$1K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0095%	1h	0.7326	+0.005%	$336K	$641K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7327	+0.010%	$890K	$919K	5x	as long as short
Nado ASTER-PERPshort	+0.0100%	1h	0.7327	+0.020%	$346K	$292K	5x
Pacifica ASTER	+0.0100%	1h	0.7324	−0.021%	$258K	$113K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7329	+0.041%	$92.6M	$130.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7330	+0.055%	$49.5M	$26.3M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7334	+0.109%	$12.4M	$22.4M	50x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7329	+0.041%	$34.9M	$20.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7325	−0.016%	$11.1M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7329	+0.041%	$17.9M	$8.7M	50x	as long as short
BingX ASTER-USDTlong	+0.0100%	4h	0.7326	long leg	—	$10.2M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7325	−0.019%	$210K	$475K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7320	−0.078%	$2.1M	$383K	—	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7316	−0.137%	$112K	$746K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7335	+0.123%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7320	−0.082%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7327	+0.014%	$245K	$203K	20x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7312	−0.191%	$213K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0109%	1h	0.7340	+0.194%	$25.2M	$8.0M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7323	−0.039%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7313	−0.177%	$3.6M	$2.1M	75x	as long as short