Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%

Price spread now: BloFin against Nado+0.129%7-day average −0.040% · 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−$20as in the Price arb table

costs, in and out, $10k−$370.371% of the position

Long on Nado Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.243%+$24 on $10k

Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.129%, 7d avg −0.040%

Together, before fees+0.077%+ Points / potential airdropNado: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.169% dearer against Nado than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7367	0.0100	pay 0.0012% / 1h	55m 38s	$341K	$296K	5x
Short	BloFin ASTER-USDT	0.7376	0.0340	get 0.0170% / 4h	1h 55m	$3.6M	$2.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.129%Rate

Funding earned: $50.4
Price spread: +0.129% → −0.040%: $16.93
Slippage, 4 orders: −$18.08
Fee Nado: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: $30.25
Costs to cover: 0.371%
Break-even: 2.8 days

Slippage from Nado: live order book, 52 min ago; BloFin: live order book, 3 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, 52 min ago	1.72 bp	9.2 bp −$9	24.7 bp −$247	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	1.35 bp	11.6 bp −$12	18.0 bp −$180	50.0 bp −$4,996	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	−0.0024%	1h	0.7366	−0.003%	$263K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7368	+0.026%	$52.9M	$116.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7368	+0.015%	$15K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7368	+0.026%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7368	+0.018%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.319%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0042%	1h	0.7373	+0.087%	$342K	$664K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0055%	4h	0.7369	+0.034%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7373	+0.083%	$892K	$952K	5x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7367	long leg	$341K	$296K	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7371	+0.059%	$261K	$111K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7369	+0.028%	$93.2M	$130.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7368	+0.020%	$49.6M	$26.4M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7369	+0.034%	$12.6M	$22.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7369	+0.034%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7370	+0.048%	$35.6M	$20.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7368	+0.022%	$10.9M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7370	+0.048%	$17.9M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7368	+0.020%	—	$9.9M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7363	−0.045%	$2.1M	$392K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7376	+0.124%	$457K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7376	+0.129%	$100K	$737K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7380	+0.183%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7368	+0.020%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7371	+0.061%	$247K	$200K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7366	−0.010%	$369K	$648K	25x	as long as short
edgeX ASTERUSDC	+0.0107%	4h	0.7374	+0.102%	$215K	$2.2M	10x	as long as short
01 Exchange ASTERUSD	+0.0200%	1h	0.7368	+0.020%	$6K	$7K	10x	as long as short
Backpack ASTER_USDC_PERP	+0.0302%	1h	0.7371	+0.057%	$210K	$500K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7366	−0.009%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0326%	1h	0.7378	+0.159%	$25.2M	$8.2M	5x	as long as short
BloFin ASTER-USDTshort	+0.0340%	4h	0.7376	+0.129%	$3.6M	$2.1M	75x