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: MEXC against Nado−0.076%51s7-day average −0.035% · 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—prices read too far apart to compare

costs, in and out, $10k−$180.179% of the position

Long on Nado Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.300%−$30 · spread now −0.076%, 7d avg −0.035%

Together, before fees−0.299%+ Points / potential airdropNado: Active · farm board−$30 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: MEXC is 0.040% cheaper against Nado than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.035%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7278	0.0100	pay 0.0012% / 1h	31m 45s	$344K	$290K	5x
Short	MEXC ASTER_USDT	0.7272	0.0100	get 0.0050% / 4h	3h 31m	$34.1M	$20.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.076%Rate

Funding earned: $0
Price spread: −0.076% → −0.035%: −$4.02
Slippage, 4 orders: −$10.94
Fee Nado: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: −$21.96
Costs to cover: 0.179%
Break-even: 2256167660347775.0 days

Slippage from Nado: live order book, 1 min ago; MEXC: 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, 1 min ago	0.89 bp	7.5 bp −$8	26.2 bp −$262	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.69 bp	1.6 bp −$2	5.9 bp −$59	22.1 bp −$2,212	102.5 bp −$51.3K

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	−0.0039%	1h	0.7272	−0.081%	$11K	$56K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7273	−0.066%	$51.1M	$112.4M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7280	+0.032%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7274	−0.046%	$23K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7284	+0.092%	$253K	$1.3M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.546%	$9	$133K	5.5x	as long as short
Extended ASTER-USD	+0.0056%	1h	0.7273	−0.060%	$366K	$654K	25x	as long as short
01 Exchange ASTERUSD	+0.0064%	1h	0.7277	−0.007%	$6K	$7K	10x	as long as short
Gate ASTER_USDT	+0.0064%	4h	0.7274	−0.048%	$6.3M	$5.8M	75x	as long as short
Bybit ASTERUSDT	+0.0066%	4h	0.7272	−0.076%	$49.2M	$26.2M	75x	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	0.7271	−0.089%	$13K	$1K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0096%	1h	0.7277	−0.011%	$334K	$640K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7278	0.000%	$884K	$919K	5x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7278	long leg	$344K	$290K	5x
Pacifica ASTER	+0.0100%	1h	0.7276	−0.023%	$257K	$113K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7273	−0.068%	$91.9M	$130.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7273	−0.062%	$12.3M	$22.2M	50x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7272	−0.076%	$34.1M	$20.8M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7274	−0.045%	$11.1M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7274	−0.048%	$17.8M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7273	−0.062%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7276	−0.025%	$208K	$475K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7296	+0.258%	$2.1M	$408K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7302	+0.334%	$451K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7305	+0.378%	$111K	$728K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7287	+0.131%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7271	−0.089%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7284	+0.089%	$243K	$203K	20x	as long as short
edgeX ASTERUSDC	+0.0117%	4h	0.7299	+0.291%	$212K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0172%	1h	0.7282	+0.063%	$25.0M	$7.9M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7273	−0.061%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7282	+0.062%	$3.6M	$2.1M	75x	as long as short