Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: KuCoin against Nado+0.018%7-day average −0.030% · 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−$63as in the Price arb table

costs, in and out, $10k−$680.683% of the position

Long on Nado Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.039%−$4 on $10k

Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.018%, 7d avg −0.030%

Together, before fees−0.251%+ Points / potential airdropNado: Active · farm board−$25 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: KuCoin is 0.048% dearer against Nado than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7237	0.0100	pay 0.0012% / 1h	49m 26s	$346K	$227K	5x
Short	KuCoin ASTERUSDTM	0.7238	0.0100	get 0.0050% / 4h	1h 49m	$11.0M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.018%Rate

Funding earned: $0
Price spread: +0.018% → −0.030%: $4.84
Slippage, 4 orders: −$49.33
Fee Nado: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$63.5
Costs to cover: 0.683%
Break-even: 3261759370327229.5 days

Slippage from Nado: live order book, 61 min ago; KuCoin: live order book, 2 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, 61 min ago	3.05 bp	11.3 bp −$11	31.4 bp −$314	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	2.35 bp	25.2 bp −$25	doesn't fit	doesn't fit	doesn't fit

ASTER on 32 exchanges

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
Aster ASTERUSDT	0.0000%	4h	0.7236	−0.011%	$50.0M	$104.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7234	−0.044%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7235	−0.023%	$11K	$41K	25x	as long as short
Coinbase International ASTER-PERP-INTX	0.0000%	1h	0.7232	−0.069%	$245K	$1.1M	50x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7233	−0.054%	$28K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.114%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0079%	4h	0.7236	−0.014%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7240	+0.039%	$871K	$432K	5x	as long as short
01 Exchange ASTERUSD	+0.0096%	1h	0.7237	0.000%	$6K	$7K	10x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7237	long leg	$346K	$227K	5x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7243	+0.079%	$25.0M	$6.8M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7237	−0.002%	$254K	$91K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7237	+0.001%	$91.5M	$120.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7235	−0.028%	$49.1M	$24.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7236	−0.014%	$12.4M	$20.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7237	0.000%	$6.5M	$4.4M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7239	+0.028%	$33.6M	$21.4M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7238	+0.018%	$11.0M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7238	+0.014%	$17.7M	$7.0M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7236	−0.014%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7243	+0.086%	$208K	$453K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7229	−0.115%	$2.1M	$393K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7234	−0.043%	$454K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7237	0.000%	$94K	$723K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7247	+0.138%	$2K	$1.5M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7237	0.000%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7239	+0.028%	$242K	$153K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7234	−0.038%	$363K	$598K	25x	as long as short
edgeX ASTERUSDC	+0.0117%	4h	0.7232	−0.065%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0251%	1h	0.7241	+0.050%	$335K	$591K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0302% / S −0.0215%	1h	0.7235	−0.027%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7237	0.000%	$3.6M	$1.8M	75x	as long as short