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 0.000%

Price spread now: Nado against MEXC+0.007%7-day average +0.035% · 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−$27as in the Price arb table

costs, in and out, $10k−$240.239% of the position

Long on MEXC Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.256%+$26 · spread now +0.007%, 7d avg +0.035%

Together, before fees+0.256%+ Points / potential airdropNado: Active · farm board+$26 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: Nado is 0.028% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ASTER_USDT	0.7235	0.0100	pay 0.0050% / 4h	1h 54m	$33.6M	$21.4M	100x
Short	Nado ASTER-PERP	0.7236	0.0100	get 0.0012% / 1h	54m 21s	$346K	$227K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 NadobpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → +0.035%: −$2.82
Slippage, 4 orders: −$16.92
Fee MEXC: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$26.74
Costs to cover: 0.239%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Nado: live order book, 56 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, 3 min ago	0.69 bp	1.6 bp −$2	5.5 bp −$55	22.9 bp −$2,285	89.4 bp −$44.7K
Sell Nado live order book, 56 min ago	3.05 bp	10.4 bp −$10	31.4 bp −$314	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
Deribit ASTER_USDC-PERPETUAL	−0.0013%	1h	0.7234	−0.011%	$11K	$41K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7234	−0.014%	$50.1M	$104.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7234	−0.016%	$14K	$1K	5x	as long as short
Coinbase International ASTER-PERP-INTX	0.0000%	1h	0.7237	+0.030%	$245K	$1.1M	50x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7237	+0.021%	$28K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.142%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0079%	4h	0.7237	+0.028%	$13K	$1K	10x	as long as short
01 Exchange ASTERUSD	+0.0088%	1h	0.7235	0.000%	$6K	$7K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7239	+0.050%	$871K	$432K	5x	as long as short
Nado ASTER-PERPshort	+0.0100%	1h	0.7236	+0.007%	$346K	$227K	5x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7241	+0.083%	$25.0M	$6.7M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7237	+0.026%	$254K	$93K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7234	−0.015%	$91.4M	$121.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7232	−0.041%	$49.1M	$24.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7236	+0.014%	$12.4M	$20.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7235	0.000%	$6.5M	$4.4M	75x	as long as short
MEXC ASTER_USDTlong	+0.0100%	4h	0.7235	long leg	$33.6M	$21.4M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7236	+0.011%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7239	+0.055%	$17.7M	$7.0M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7234	−0.014%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7242	+0.094%	$208K	$453K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7237	+0.023%	$2.1M	$392K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7243	+0.111%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7250	+0.207%	$95K	$723K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7245	+0.138%	$3K	$1.5M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7234	−0.014%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7239	+0.055%	$242K	$153K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7234	−0.012%	$363K	$598K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7242	+0.095%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0251%	1h	0.7238	+0.048%	$334K	$589K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0302% / S −0.0215%	1h	0.7240	+0.071%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7241	+0.083%	$3.6M	$1.8M	75x	as long as short