Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%

Price spread now: MEXC against Gate−0.027%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 7 days−0.026%−$3 · spread now −0.027%, 7d avg −0.002%

Together, before fees+0.002%$0 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 0.025% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ASTER_USDT	0.7452	0.0100	pay 0.0050% / 4h	3h 57m	$6.3M	$5.1M	75x
Short	MEXC ASTER_USDT	0.7450	0.0100	get 0.0050% / 4h	3h 57m	$35.1M	$16.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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 GatebpFee MEXCbpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → −0.002%: −$2.45
Slippage, 4 orders: −$17.11
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$34.56
Costs to cover: 0.321%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 2 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 Gate live order book, 1 min ago	2.01 bp	16.5 bp −$16	34.7 bp −$347	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.67 bp	0.7 bp −$1	3.7 bp −$37	18.8 bp −$1,882	104.1 bp −$52.0K

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	−0.0080%	1h	0.7450	−0.025%	$265K	$866K	50x	as long as short
Backpack ASTER_USDC_PERP	−0.0027%	1h	0.7447	−0.063%	$216K	$401K	10x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0005%	1h	0.7450	−0.027%	$11K	$86K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7450	−0.027%	$56.6M	$101.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7454	+0.025%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7453	+0.012%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.832%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0075%	1h	0.7454	+0.033%	$344K	$499K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7454	+0.024%	$923K	$872K	5x	as long as short
01 Exchange ASTERUSD	+0.0096%	1h	0.7456	+0.054%	$8K	$4K	10x	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	+0.0097%	4h	0.7450	−0.027%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7452	+0.007%	$373K	$267K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7452	+0.005%	$255K	$104K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7449	−0.040%	$91.4M	$107.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7449	−0.040%	$49.8M	$22.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7451	−0.013%	$12.1M	$19.0M	50x	as long as short
Gate ASTER_USDTlong	+0.0100%	4h	0.7452	long leg	$6.3M	$5.1M	75x
MEXC ASTER_USDTshort	+0.0100%	4h	0.7450	−0.027%	$35.1M	$16.5M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7449	−0.035%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7451	−0.013%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7452	0.000%	—	$9.7M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7444	−0.101%	$2.1M	$371K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7448	−0.055%	$461K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7453	+0.013%	$66K	$718K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7459	+0.094%	$3K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7450	−0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7452	0.000%	$244K	$119K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7450	−0.023%	$215K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7451	−0.012%	$374K	$641K	25x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7452	+0.001%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0324%	1h	0.7460	+0.105%	$25.9M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7447	−0.067%	$3.5M	$1.9M	75x	as long as short