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: BingX against KuCoin+0.001%7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$640.642% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.001%, 7d avg −0.017%

Together, before fees+0.089%+$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7245	0.0100	pay 0.0050% / 4h	1h 57m	$11.0M	$3.1M	75x
Short	BingX ASTER-USDT	0.7245	0.0100	get 0.0050% / 4h	1h 57m	—	$10.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now +0.001%Rate

Funding earned: $0
Price spread: +0.001% → −0.017%: $1.88
Slippage, 4 orders: −$42.22
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$62.34
Costs to cover: 0.642%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 9 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 KuCoin live order book, 4 min ago	4.07 bp	22.5 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	2.07 bp	8.1 bp −$8	16.8 bp −$168	29.3 bp −$2,934	53.8 bp −$26.9K

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	0.7244	−0.012%	$50.1M	$104.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7249	+0.061%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7244	−0.007%	$11K	$41K	25x	as long as short
Coinbase International ASTER-PERP-INTX	0.0000%	1h	0.7247	+0.028%	$246K	$1.2M	50x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7245	+0.002%	$28K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.003%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0082%	4h	0.7240	−0.068%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7249	+0.052%	$872K	$432K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7245	+0.001%	$347K	$227K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7248	+0.043%	$25.0M	$6.8M	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7246	+0.008%	$254K	$93K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7244	−0.012%	$91.5M	$121.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7243	−0.026%	$49.1M	$24.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7245	+0.001%	$12.5M	$20.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7244	−0.012%	$6.5M	$4.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7241	−0.054%	$33.7M	$21.4M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7245	long leg	$11.0M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7243	−0.026%	$17.7M	$7.0M	50x	as long as short
BingX ASTER-USDTshort	+0.0100%	4h	0.7245	+0.001%	—	$10.2M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7248	+0.044%	$208K	$453K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7244	−0.015%	$2.1M	$393K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7245	+0.002%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7250	+0.070%	$95K	$723K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7254	+0.126%	$2K	$1.5M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7245	+0.001%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7246	+0.015%	$242K	$153K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7245	−0.002%	$211K	$2.1M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7244	−0.011%	$363K	$598K	25x	as long as short
01 Exchange ASTERUSD	+0.0104%	1h	0.7244	−0.012%	$6K	$7K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0250%	1h	0.7248	+0.048%	$334K	$589K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0302% / S −0.0215%	1h	0.7244	−0.009%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7248	+0.043%	$3.6M	$1.9M	75x	as long as short