Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.010%

Price spread now: MEXC against dYdX+0.099%62s7-day average — · you sell dearer than you buy

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

Long on dYdX Short on MEXC

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—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.099% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 62 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	dYdX ASTER-USD	0.7243	0	get 0.0000% / 1h	5m 36s	$14K	$1K	5x
Short	MEXC ASTER_USDT	0.7250	0.0100	get 0.0050% / 4h	2h 05m	$33.7M	$22.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against dYdX. 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 dYdXbpFee MEXCbpOrdersPrice spread, now +0.099%Rate

Funding earned: $21
Price spread: +0.099% → 0.000%: $9.9
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: $20.9
Costs to cover: 0.100%
Break-even: 0.0 days

Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 1 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell MEXC live order book, 1 min ago	0.69 bp	2.5 bp −$3	5.5 bp −$55	17.0 bp −$1,701	68.3 bp −$34.1K

dYdX: 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.

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
Deribit ASTER_USDC-PERPETUAL	−0.0026%	1h	0.7246	+0.049%	$11K	$41K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7248	+0.078%	$50.2M	$105.1M	200x	as long as short
dYdX ASTER-USDlong	0.0000%	1h	0.7243	long leg	$14K	$1K	5x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7248	+0.070%	$28K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0008%	1h	0.7242	−0.006%	$245K	$1.2M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.032%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0056%	1h	0.7256	+0.186%	$335K	$590K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0084%	4h	0.7245	+0.030%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7258	+0.203%	$874K	$437K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7237	−0.087%	$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	0.7259	+0.227%	$24.9M	$6.7M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7254	+0.154%	$255K	$93K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7251	+0.112%	$91.5M	$121.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7251	+0.113%	$49.2M	$25.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7255	+0.168%	$12.5M	$21.1M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7251	+0.113%	$6.5M	$4.6M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7250	+0.099%	$33.7M	$22.0M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7251	+0.120%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7251	+0.113%	$17.7M	$7.0M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7252	+0.127%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7251	+0.120%	$208K	$453K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7251	+0.111%	$2.1M	$399K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7253	+0.145%	$451K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7257	+0.196%	$95K	$725K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7260	+0.237%	$2K	$1.6M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7249	+0.085%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7243	+0.002%	$242K	$153K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7252	+0.123%	$363K	$604K	25x	as long as short
edgeX ASTERUSDC	+0.0117%	4h	0.7249	+0.092%	$210K	$2.1M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7253	+0.140%	$6K	$7K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0302% / S −0.0215%	1h	0.7246	+0.041%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7253	+0.140%	$3.6M	$1.9M	75x	as long as short