Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bybit against Nado+0.113%7-day average −0.053% · 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−$22as in the Price arb table

costs, in and out, $10k−$390.388% of the position

Long on Nado Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.744%−$74 · spread now +0.113%, 7d avg −0.053%

Together, before fees−0.771%+ Points / potential airdropNado: Active · farm board−$77 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: Bybit is 0.166% dearer against Nado than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7366	0.0100	pay 0.0012% / 1h	22m 48s	$367K	$255K	5x
Short	Bybit ASTERUSDT	0.7374	0.0100	get 0.0050% / 4h	2h 22m	$49.3M	$22.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.113%Rate

Funding earned: $0
Price spread: +0.113% → −0.053%: $16.59
Slippage, 4 orders: −$20.78
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$22.19
Costs to cover: 0.388%
Break-even: 2279340692321474.0 days

Slippage from Nado: live order book, 45 min ago; Bybit: 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, 45 min ago	0.87 bp	8.4 bp −$8	26.6 bp −$266	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.36 bp	12.5 bp −$13	48.6 bp −$486	163.4 bp −$16.3K	doesn't fit

ASTER on 31 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	−0.0080%	1h	0.7371	+0.068%	$267K	$855K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0008%	1h	0.7367	+0.016%	$11K	$86K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7373	+0.096%	$55.2M	$101.4M	200x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7367	+0.024%	$34K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.330%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7370	+0.058%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0091%	4h	0.7368	+0.031%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7379	+0.175%	$896K	$898K	5x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7366	long leg	$367K	$255K	5x
Hyperliquid ASTER	+0.0100%	1h	0.7383	+0.230%	$25.6M	$6.6M	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7373	+0.105%	$257K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7375	+0.127%	$90.4M	$110.7M	75x	as long as short
Bybit ASTERUSDTshort	+0.0100%	4h	0.7374	+0.113%	$49.3M	$22.6M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7379	+0.181%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7372	+0.086%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7372	+0.086%	$34.4M	$17.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7370	+0.062%	$11.0M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7374	+0.113%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7375	+0.126%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7369	+0.046%	$220K	$481K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7390	+0.334%	$2.1M	$376K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7383	+0.232%	$458K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7382	+0.221%	$66K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7366	+0.004%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7368	+0.031%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7373	+0.099%	$244K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7373	+0.100%	$369K	$640K	25x	as long as short
edgeX ASTERUSDC	+0.0111%	4h	0.7378	+0.163%	$213K	$2.0M	10x	as long as short
dYdX ASTER-USD	+0.0129%	1h	0.7371	+0.066%	$15K	$1K	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7372	+0.085%	$340K	$489K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7364	−0.021%	$28K	—	100x	as long as short