Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.004%

Price spread now: MEXC against Extended−0.063%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$140.136% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.063%, 7d avg −0.004%

Together, before fees+0.016%+ Points / potential airdropExtended: Active · farm board+$2 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: MEXC is 0.059% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7394	0.0104	pay 0.0013% / 1h	25m 43s	$376K	$635K	25x
Short	MEXC ASTER_USDT	0.7389	0.0100	get 0.0050% / 4h	1h 25m	$34.3M	$16.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$0.84
Price spread: −0.063% → −0.004%: −$5.88
Slippage, 4 orders: −$8.63
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 0 bp × 2 orders: $0
Net: −$20.34
Costs to cover: 0.136%
Break-even: never at this rate

Slippage from Extended: live order book, 57 min ago; MEXC: live order book, 3 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 Extended live order book, 57 min ago	2.62 bp	5.1 bp −$5	8.0 bp −$80	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.68 bp	2.7 bp −$3	6.9 bp −$69	33.6 bp −$3,361	107.6 bp −$53.8K

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
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7393	−0.006%	$260K	$841K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7389	−0.061%	$56.5M	$99.9M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7389	−0.066%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7391	−0.038%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.221%	$9	$96K	5.5x	as long as short
dYdX ASTER-USD	+0.0083%	1h	0.7392	−0.023%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7394	+0.001%	$915K	$870K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7386	−0.110%	$370K	$274K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7391	−0.036%	$253K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7390	−0.049%	$90.4M	$107.0M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7391	−0.036%	$49.4M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7394	+0.005%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7390	−0.049%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7389	−0.063%	$34.3M	$16.3M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7389	−0.060%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7392	−0.022%	$18.1M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7396	+0.032%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7387	−0.085%	$263K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7384	−0.136%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7395	+0.014%	$463K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7401	+0.099%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7397	+0.045%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7398	+0.059%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7388	−0.076%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7393	−0.009%	$242K	$119K	20x	as long as short
edgeX ASTERUSDC	+0.0102%	4h	0.7393	−0.014%	$213K	$1.9M	10x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7394	long leg	$376K	$635K	25x
01 Exchange ASTERUSD	+0.0136%	1h	0.7390	−0.049%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7390	−0.055%	$280K	$428K	20x	as long as short
Hyperliquid ASTER	+0.0156%	1h	0.7400	+0.087%	$25.7M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7392	−0.022%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7390	−0.049%	$3.4M	$1.9M	75x	as long as short