Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against Nado−0.165%7-day average −0.041% · 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−$56as in the Price arb table

costs, in and out, $10k−$440.437% of the position

Long on Nado Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.015%−$2 on $10k

Price spread, last 4 days (all we have)−0.480%−$48 · spread now −0.165%, 7d avg −0.041%

Together, before fees−0.495%+ Points / potential airdropNado: Active · farm board−$50 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: Bitget is 0.124% cheaper against Nado than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7336	0.0100	pay 0.0012% / 1h	57m 52s	$346K	$293K	5x
Short	Bitget ASTERUSDT	0.7324	0.0100	get 0.0050% / 4h	3h 57m	$17.9M	$8.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.165%Rate

Funding earned: $0
Price spread: −0.165% → −0.041%: −$12.42
Slippage, 4 orders: −$24.65
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$56.07
Costs to cover: 0.437%
Break-even: 2880427661417396.5 days

Slippage from Nado: live order book, 40 min ago; Bitget: live order book, 1 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, 40 min ago	1.50 bp	9.0 bp −$9	26.7 bp −$267	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	1.37 bp	12.9 bp −$13	16.8 bp −$168	50.4 bp −$5,039	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
Deribit ASTER_USDC-PERPETUAL	−0.2288%	1h	0.7309	−0.368%	$11K	$56K	25x	as long as short
Bybit ASTERUSDT	−0.0591%	4h	0.7324	−0.165%	$49.5M	$26.2M	75x	as long as short
01 Exchange ASTERUSD	−0.0080%	1h	0.7334	−0.029%	$6K	$7K	10x	as long as short
Gate ASTER_USDT	−0.0034%	4h	0.7325	−0.151%	$6.3M	$5.7M	75x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7324	−0.169%	$51.6M	$112.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7334	−0.030%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7328	−0.114%	$24K	—	150x	as long as short
Extended ASTER-USD	+0.0016%	1h	0.7326	−0.139%	$367K	$654K	25x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7330	−0.076%	$254K	$1.3M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.735%	$9	$133K	5.5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ASTER_USDC	+0.0080%	4h	0.7327	−0.124%	$13K	$1K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0095%	1h	0.7327	−0.123%	$336K	$641K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7328	−0.110%	$886K	$913K	5x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7336	long leg	$346K	$293K	5x
Hyperliquid ASTER	+0.0100%	1h	0.7334	−0.033%	$25.1M	$8.1M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7333	−0.038%	$258K	$113K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7323	−0.179%	$92.5M	$131.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7323	−0.179%	$12.4M	$22.3M	50x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7323	−0.179%	$34.9M	$20.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7324	−0.161%	$11.1M	$3.4M	75x	as long as short
Bitget ASTERUSDTshort	+0.0100%	4h	0.7324	−0.165%	$17.9M	$8.7M	50x
BingX ASTER-USDT	+0.0100%	4h	0.7323	−0.179%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7328	−0.113%	$210K	$475K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7335	−0.015%	$2.1M	$398K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7334	−0.024%	$450K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7337	+0.012%	$112K	$748K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7336	−0.001%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7324	−0.165%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7328	−0.110%	$245K	$203K	20x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7333	−0.036%	$213K	$2.2M	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7324	−0.162%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7327	−0.124%	$3.6M	$2.1M	75x	as long as short