Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against MEXC+0.069%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

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

costs, in and out, $10k−$130.131% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.069%, 7d avg +0.004%

Together, before fees+0.046%+ Points / potential airdropExtended: Active · farm board+$5 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: Extended is 0.065% dearer against MEXC than usual: you sell high and buy low, +$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	MEXC ASTER_USDT	0.7405	0.0100	pay 0.0050% / 4h	2h 10m	$34.0M	$16.3M	100x
Short	Extended ASTER-USD	0.7410	0.0104	get 0.0013% / 1h	10m 35s	$378K	$635K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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 MEXCbpFee ExtendedbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0.84
Price spread: +0.069% → +0.004%: $6.5
Slippage, 4 orders: −$8.13
Fee MEXC: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$5.79
Costs to cover: 0.131%
Break-even: 55.3 days

Slippage from MEXC: live order book, 8 min ago; Extended: live order book, 12 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 MEXC live order book, 8 min ago	0.67 bp	0.9 bp −$1	6.1 bp −$61	24.8 bp −$2,479	142.3 bp −$71.2K
Sell Extended live order book, 12 min ago	2.62 bp	5.1 bp −$5	8.5 bp −$85	doesn't fit	doesn't fit

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	−0.0160%	1h	0.7442	+0.497%	$252K	$832K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0141%	1h	0.7413	+0.105%	$11K	$87K	25x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7410	+0.068%	$9	$96K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7408	+0.041%	$56.7M	$99.9M	200x	as long as short
dYdX ASTER-USD	+0.0002%	1h	0.7406	+0.020%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7412	+0.097%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7416	+0.149%	$913K	$852K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7413	+0.115%	$370K	$275K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7410	+0.068%	$254K	$108K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7411	+0.077%	$90.9M	$106.5M	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	0.7410	+0.068%	$49.5M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7412	+0.095%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7407	+0.027%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDTlong	+0.0100%	4h	0.7405	long leg	$34.0M	$16.3M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7411	+0.084%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7405	0.000%	$18.1M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7406	+0.014%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7413	+0.111%	$265K	$324K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7430	+0.340%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7418	+0.176%	$456K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7434	+0.392%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7416	+0.149%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7421	+0.216%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7410	+0.068%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7409	+0.054%	$242K	$118K	20x	as long as short
edgeX ASTERUSDC	+0.0102%	4h	0.7429	+0.327%	$214K	$1.9M	10x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7410	+0.069%	$378K	$635K	25x
01 Exchange ASTERUSD	+0.0152%	1h	0.7413	+0.108%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7416	+0.145%	$285K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7413	+0.103%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7413	+0.108%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0476%	1h	0.7422	+0.231%	$26.0M	$6.7M	5x	as long as short