Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: Nado against KuCoin+0.043%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$560.562% of the position

Long on KuCoin Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.039%+$4 on $10k

Price spread, last 4 days (all we have)+0.151%+$15 · spread now +0.043%, 7d avg +0.030%

Together, before fees+0.190%+ Points / potential airdropNado: Active · farm board+$19 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7231	0.0100	pay 0.0050% / 4h	1h 06m	$11.1M	$3.1M	75x
Short	Nado ASTER-PERP	0.7234	0.0100	get 0.0012% / 1h	6m 21s	$346K	$233K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.043%Rate

Funding earned: $0
Price spread: +0.043% → +0.030%: $1.24
Slippage, 4 orders: −$37.21
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$54.96
Costs to cover: 0.562%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Nado: live order book, 39 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, 5 min ago	3.67 bp	17.0 bp −$17	34.5 bp −$345	doesn't fit	doesn't fit
Sell Nado live order book, 39 min ago	0.62 bp	8.2 bp −$8	20.8 bp −$208	doesn't fit	doesn't fit

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	0.7233	+0.028%	$49.9M	$104.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7227	−0.056%	$14K	$4K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7228	−0.040%	$11K	$41K	25x	as long as short
Coinbase International ASTER-PERP-INTX	0.0000%	1h	0.7223	−0.112%	$249K	$1.2M	50x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7228	−0.042%	$23K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.200%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0040%	1h	0.7236	+0.071%	$6K	$7K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0065%	4h	0.7229	−0.026%	$13K	$2K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7233	+0.029%	$868K	$439K	5x	as long as short
Nado ASTER-PERPshort	+0.0100%	1h	0.7234	+0.043%	$346K	$233K	5x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7237	+0.084%	$25.1M	$6.8M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7231	−0.004%	$264K	$105K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7231	+0.001%	$92.4M	$123.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7230	−0.012%	$49.1M	$24.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7231	+0.001%	$12.5M	$21.1M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7233	+0.029%	$6.5M	$4.5M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7231	+0.001%	$32.3M	$22.5M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7231	long leg	$11.1M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7231	+0.001%	$17.8M	$7.1M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7230	−0.012%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7230	−0.007%	$211K	$459K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7216	−0.211%	$2.1M	$392K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7228	−0.040%	$447K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7226	−0.068%	$46K	$747K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7239	+0.112%	$2K	$1.5M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7224	−0.095%	$13K	$6K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7227	−0.054%	$248K	$170K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7231	−0.003%	$362K	$598K	25x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7225	−0.085%	$210K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0251%	1h	0.7226	−0.063%	$336K	$647K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0302% / S −0.0219%	1h	0.7232	+0.017%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7225	−0.082%	$3.6M	$1.8M	75x	as long as short