Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: KuCoin against SunX−0.130%7-day average −0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs−$290as in the Funding arb table

Net, price: spread back to 7d avg − costs−$282as in the Price arb table

costs, in and out, $10k−$2802.799% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.130%, 7d avg −0.109%

Together, before fees−0.028%−$3 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 0.021% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.109%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTER-USDT	0.7308	0.0100	pay 0.0050% / 4h	3h 35m	$2K	$1.7M	20x
Short	KuCoin ASTERUSDTM	0.7298	0.0100	get 0.0050% / 4h	3h 35m	$11.1M	$3.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now −0.130%Rate

Funding earned: $0
Price spread: −0.130% → −0.109%: −$2.07
Slippage, 4 orders: −$259.93
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$282
Costs to cover: 2.799%
Break-even: never at this rate

Slippage from SunX: live order book, 10 min ago; KuCoin: live order book, 3 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 SunX live order book, 10 min ago	29.94 bp	108.7 bp −$109	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	2.60 bp	25.2 bp −$25	doesn't fit	doesn't fit	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
Deribit ASTER_USDC-PERPETUAL	−0.0038%	1h	0.7300	−0.108%	$11K	$56K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7299	−0.123%	$51.4M	$112.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7300	−0.112%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7300	−0.110%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7300	−0.112%	$253K	$1.3M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.122%	$9	$133K	5.5x	as long as short
Bybit ASTERUSDT	+0.0044%	4h	0.7299	−0.123%	$49.4M	$26.2M	75x	as long as short
Extended ASTER-USD	+0.0064%	1h	0.7303	−0.068%	$367K	$654K	25x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7299	−0.123%	$6K	$7K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0081%	4h	0.7299	−0.123%	$13K	$1K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ASTER_USDT	+0.0086%	4h	0.7298	−0.137%	$6.3M	$5.8M	75x	as long as short
Kraken Futures PF_ASTERUSD	+0.0096%	1h	0.7304	−0.049%	$335K	$640K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7304	−0.049%	$887K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7304	−0.060%	$345K	$290K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7303	−0.074%	$258K	$113K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7300	−0.111%	$92.2M	$130.4M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7300	−0.109%	$12.4M	$22.3M	50x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7300	−0.109%	$34.6M	$20.8M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7298	−0.130%	$11.1M	$3.4M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7300	−0.109%	$17.9M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7300	−0.109%	—	$10.1M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7303	−0.063%	$209K	$474K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7296	−0.160%	$2.1M	$408K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7299	−0.123%	$451K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7301	−0.096%	$111K	$728K	50x	as long as short
SunX ASTER-USDTlong	+0.0100%	4h	0.7308	long leg	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7300	−0.109%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7298	−0.137%	$244K	$202K	20x	as long as short
edgeX ASTERUSDC	+0.0100%	4h	0.7297	−0.148%	$212K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0185%	1h	0.7309	+0.008%	$25.1M	$7.9M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7302	−0.086%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7301	−0.096%	$3.6M	$2.1M	75x	as long as short