Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: Binance against Nado−0.052%7-day average −0.039% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Nado Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.210%−$21 · spread now −0.052%, 7d avg −0.039%

Together, before fees−0.212%+ Points / potential airdropNado: Active · farm board−$21 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7277	0.0100	pay 0.0012% / 1h	54m 14s	$356K	$271K	5x
Short	Binance ASTERUSDT	0.7274	0.0100	get 0.0050% / 4h	3h 54m	$89.4M	$120.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Nado. 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 NadobpFee BinancebpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → −0.039%: −$1.3
Slippage, 4 orders: −$17.24
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$35.54
Costs to cover: 0.342%
Break-even: 3651235422663891.5 days

Slippage from Nado: live order book, 63 min ago; Binance: live order book, 4 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 Nado live order book, 63 min ago	0.75 bp	8.7 bp −$9	22.0 bp −$220	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.69 bp	7.5 bp −$7	15.4 bp −$154	64.8 bp −$6,476	251.4 bp −$125.7K

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	−0.0064%	1h	0.7295	+0.238%	$258K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7292	+0.204%	$52.9M	$110.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7292	+0.196%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7273	−0.061%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7276	−0.022%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.547%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0056%	1h	0.7288	+0.145%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0066%	4h	0.7277	−0.006%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7275	−0.031%	$880K	$918K	5x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7277	long leg	$356K	$271K	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7282	+0.067%	$24.8M	$7.9M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7294	+0.232%	$254K	$80K	10x	as long as short
Binance ASTERUSDTshort	+0.0100%	4h	0.7274	−0.052%	$89.4M	$120.8M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7275	−0.034%	$48.8M	$25.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7274	−0.047%	$12.4M	$20.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7278	+0.008%	$6.4M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7277	−0.006%	$33.4M	$20.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7277	−0.001%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7274	−0.047%	$17.8M	$7.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7275	−0.034%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7302	+0.344%	$211K	$496K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7277	−0.003%	$2.1M	$411K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7271	−0.087%	$458K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7271	−0.089%	$99K	$732K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7282	+0.063%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7272	−0.075%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7282	+0.063%	$242K	$142K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7272	−0.068%	$364K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0111%	4h	0.7269	−0.122%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0206%	1h	0.7278	+0.005%	$344K	$588K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7274	−0.054%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7301	+0.324%	$3.5M	$2.1M	75x	as long as short