Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against OKX−0.027%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$240.244% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 7 days+0.022%+$2 · spread now −0.027%, 7d avg 0.000%

Together, before fees+0.003%$0 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 0.028% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ASTER-USDT-SWAP	0.7337	0.0100	pay 0.0050% / 4h	1h 10m	$12.1M	$18.5M	50x
Short	MEXC ASTER_USDT	0.7335	0.0100	get 0.0050% / 4h	1h 10m	$33.8M	$17.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → 0.000%: −$2.76
Slippage, 4 orders: −$14.36
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$27.13
Costs to cover: 0.244%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; MEXC: 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 OKX live order book, 3 min ago	0.68 bp	9.2 bp −$9	19.0 bp −$190	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.68 bp	1.3 bp −$1	5.0 bp −$50	20.8 bp −$2,076	124.9 bp −$62.4K

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	−0.0088%	1h	0.7337	−0.004%	$270K	$878K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0009%	1h	0.7335	−0.031%	$11K	$71K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7335	−0.025%	$54.5M	$101.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7335	−0.034%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7337	−0.006%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0016%	1h	0.7343	+0.082%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.722%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0082%	4h	0.7337	0.000%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7339	+0.027%	$894K	$907K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7340	+0.048%	$367K	$250K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7341	+0.061%	$25.4M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7341	+0.055%	$255K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7335	−0.021%	$90.2M	$110.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7337	0.000%	$48.9M	$22.9M	75x	as long as short
OKX ASTER-USDT-SWAPlong	+0.0100%	4h	0.7337	long leg	$12.1M	$18.5M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7336	−0.014%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7335	−0.027%	$33.8M	$17.9M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7337	0.000%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7336	−0.014%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7333	−0.055%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7337	−0.004%	$217K	$483K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7329	−0.108%	$2.0M	$369K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7341	+0.055%	$458K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7338	+0.014%	$70K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7348	+0.150%	$3K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7335	−0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7340	+0.041%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7333	−0.053%	$367K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7335	−0.028%	$211K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7339	+0.023%	$337K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7335	−0.033%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7335	−0.027%	$3.5M	$1.9M	75x	as long as short