Funding arb · Price arb /

ASTER

all ASTER markets

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 −0.003%

Price spread now: KuCoin against Bybit+0.012%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$720.718% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days−0.012%−$1 · spread now +0.012%, 7d avg +0.012%

Together, before fees−0.024%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTERUSDT	0.7232	0.0100	pay 0.0050% / 4h	1h 52m	$49.1M	$24.9M	75x
Short	KuCoin ASTERUSDTM	0.7233	0.0100	get 0.0050% / 4h	1h 52m	$11.0M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → +0.012%: $0.09
Slippage, 4 orders: −$48.84
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$71.75
Costs to cover: 0.718%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 4 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 Bybit live order book, 5 min ago	0.69 bp	10.1 bp −$10	48.2 bp −$482	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	7.32 bp	25.7 bp −$26	doesn't fit	doesn't fit	doesn't fit

ASTER on 32 exchanges

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 ASTERUSDT	0.0000%	4h	0.7236	+0.051%	$50.0M	$104.4M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7234	+0.025%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7235	+0.037%	$11K	$41K	25x	as long as short
Coinbase International ASTER-PERP-INTX	0.0000%	1h	0.7232	0.000%	$245K	$1.1M	50x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7233	+0.015%	$28K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.185%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0079%	4h	0.7236	+0.055%	$13K	$1K	10x	as long as short
01 Exchange ASTERUSD	+0.0080%	1h	0.7238	+0.083%	$6K	$7K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7240	+0.106%	$871K	$432K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7235	+0.040%	$346K	$227K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7243	+0.148%	$25.0M	$6.7M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7236	+0.055%	$254K	$93K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7234	+0.034%	$91.4M	$121.2M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7232	long leg	$49.1M	$24.9M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7234	+0.028%	$12.4M	$20.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7235	+0.041%	$6.5M	$4.4M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7231	−0.014%	$33.6M	$21.4M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7233	+0.012%	$11.0M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7233	+0.014%	$17.7M	$7.0M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7236	+0.055%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7240	+0.112%	$208K	$453K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7237	+0.064%	$2.1M	$392K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7237	+0.070%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7243	+0.152%	$95K	$724K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7246	+0.194%	$2K	$1.5M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7235	+0.041%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7239	+0.097%	$242K	$153K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7235	+0.043%	$363K	$598K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7242	+0.137%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0251%	1h	0.7239	+0.099%	$335K	$591K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0302% / S −0.0215%	1h	0.7235	+0.042%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7240	+0.111%	$3.6M	$1.8M	75x	as long as short