Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.029%

Price spread now: Gate against Nado+0.062%7-day average −0.034% · 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−$42as in the Price arb table

costs, in and out, $10k−$510.514% of the position

Long on Nado Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.028%−$3 on $10k

Price spread, last 3 days (all we have)−0.263%−$26 · spread now +0.062%, 7d avg −0.034%

Together, before fees−0.291%+ Points / potential airdropNado: Active · farm board−$29 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: Gate is 0.096% dearer against Nado than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7387	0.0100	pay 0.0012% / 1h	34m 13s	$370K	$274K	5x
Short	Gate ASTER_USDT	0.7392	0.0100	get 0.0050% / 4h	1h 34m	$6.3M	$5.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.062%Rate

Funding earned: $0
Price spread: +0.062% → −0.034%: $9.55
Slippage, 4 orders: −$29.38
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$41.83
Costs to cover: 0.514%
Break-even: 2148678917772548.8 days

Slippage from Nado: live order book, 48 min ago; Gate: 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, 48 min ago	1.01 bp	7.6 bp −$8	20.5 bp −$205	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.35 bp	17.0 bp −$17	31.3 bp −$313	163.3 bp −$16.3K	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	−0.0136%	1h	0.7392	+0.058%	$260K	$839K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7391	+0.047%	$56.5M	$99.6M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7393	+0.075%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7393	+0.075%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.305%	$9	$96K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7398	+0.139%	$912K	$853K	5x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7387	long leg	$370K	$274K	5x
Pacifica ASTER	+0.0100%	1h	0.7399	+0.151%	$254K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7393	+0.079%	$90.6M	$106.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7393	+0.075%	$49.4M	$21.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7397	+0.129%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDTshort	+0.0100%	4h	0.7392	+0.062%	$6.3M	$5.0M	75x
MEXC ASTER_USDT	+0.0100%	4h	0.7391	+0.048%	$34.2M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7394	+0.091%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7393	+0.075%	$18.1M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7396	+0.116%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7395	+0.106%	$263K	$325K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7397	+0.125%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7402	+0.197%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7411	+0.319%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7391	+0.048%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7401	+0.183%	$3K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7395	+0.102%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7390	+0.035%	$242K	$118K	20x	as long as short
dYdX ASTER-USD	+0.0103%	1h	0.7395	+0.103%	$13K	$61	5x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7394	+0.084%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0118%	4h	0.7400	+0.173%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7384	−0.047%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7398	+0.142%	$284K	$424K	20x	as long as short
Hyperliquid ASTER	+0.0171%	1h	0.7405	+0.234%	$25.7M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7392	+0.065%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7386	−0.020%	$3.4M	$1.9M	75x	as long as short