Settings8H · net · $10k
Funding arb · Price arb /

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0114%/8h= −12.5% APRnext payment $0.14 per $10,000 · paid last 24h −0.063%
Price spread now: Nado against Hyperliquid−0.101%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.090%−$9 on $10k
Price spread, last 4 days (all we have)+0.645%+$65 · spread now −0.101%, 7d avg −0.060%
Together, before fees+0.555%+ Points / potential airdropHyperliquid: Season 2 · Nado: Active · farm board+$55 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.040% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ASTER0.73430.0214pay 0.0027% / 1h0m 44s$25.2M$8.1M5x
ShortNado ASTER-PERP0.73350.0100get 0.0012% / 1h0m 44s$346K$293K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Hyperliquid. 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

Funding earned
−$23.92
Price spread: −0.101% → −0.060%
−$4.03
Slippage, 4 orders
−$16.01
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$59.96
Costs to cover
0.320%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; Nado: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 2 min ago0.48 bp7.0 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 37 min ago1.50 bp9.0 bp −$922.9 bp −$229doesn't fitdoesn't fit

ASTER on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ASTERUSDT0.0000%4h0.7334−0.121%$51.7M$112.5M200xas long as short
dYdX ASTER-USD0.0000%1h0.7338−0.073%$14K$1K5xas long as short
Deribit ASTER_USDC-PERPETUAL0.0000%1h0.7337−0.082%$11K$56K25xas long as short
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0005%1h0.7339−0.059%$24K150xas long as short
Coinbase International ASTER-PERP-INTX+0.0016%1h0.7340−0.035%$255K$1.3M50xas long as short
Extended ASTER-USD+0.0032%1h0.7338−0.063%$367K$654K25xas long as short
Injective ASTER/USDC PERP+0.0033%1h0.7390+0.641%$9$133K5.5xas long as short
01 Exchange ASTERUSD+0.0064%1h0.7334−0.121%$6K$7K10xas long as short
Orderly PERP_ASTER_USDC+0.0081%4h0.7337−0.080%$13K$1K10xas long as short
Lighter ASTER+0.0096%1h0.7339−0.049%$888K$921K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ASTER-PERPshort+0.0100%1h0.7335−0.101%$346K$293K5x
Pacifica ASTER+0.0100%1h0.7339−0.059%$258K$113K10xas long as short
Binance ASTERUSDT+0.0100%4h0.7336−0.099%$92.7M$130.8M75xas long as short
Bybit ASTERUSDT+0.0100%4h0.7334−0.121%$49.6M$26.2M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7336−0.094%$12.4M$22.4M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7339−0.053%$6.3M$5.9M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7336−0.094%$35.0M$21.0M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7339−0.057%$11.2M$3.4M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7338−0.067%$18.0M$8.6M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7334−0.121%$10.2Mas long as short
Backpack ASTER_USDC_PERP+0.0100%1h0.7342−0.011%$210K$475K10xas long as short
Variational Omni ASTER+0.0100%4h0.7335−0.107%$2.1M$398Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7331−0.162%$450K$4.1M10xas long as short
ApeX Omni ASTERUSDT+0.0100%1h0.7337−0.080%$112K$748K50xas long as short
SunX ASTER-USDT+0.0100%4h0.7347+0.056%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7336−0.094%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.7332−0.148%$245K$203K20xas long as short
edgeX ASTERUSDC+0.0110%4h0.7333−0.129%$213K$2.2M10xas long as short
Hyperliquid ASTERlong+0.0214%1h0.7343long leg$25.2M$8.1M5x
GMX ASTER/USD [WBTC.b-USDC]L +0.0305% / S −0.0215%1h0.7335−0.107%$28K100xas long as short
BloFin ASTER-USDT+0.0340%4h0.7341−0.026%$3.6M$2.1M75xas long as short
Kraken Futures PF_ASTERUSD+0.0762%1h0.7340−0.040%$337K$641K20xas long as short