Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h +0.022%

Price spread now: MEXC against 01 Exchange−0.040%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.040% cheaper against 01 Exchange than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ASTERUSD	0.7413	0.0152	pay 0.0019% / 1h	10m 23s	$8K	$4K	10x
Short	MEXC ASTER_USDT	0.7410	0.0100	get 0.0050% / 4h	2h 10m	$34.0M	$16.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against 01 Exchange. 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 01 ExchangebpFee MEXCbpOrdersPrice spread, now −0.040%Rate

Funding earned: −$10.92
Price spread: −0.040% → 0.000%: −$4.05
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: −$21.97
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; MEXC: live order book, 8 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell MEXC live order book, 8 min ago	0.67 bp	1.9 bp −$2	6.9 bp −$69	26.6 bp −$2,660	136.5 bp −$68.2K

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0160%	1h	0.7442	+0.389%	$252K	$832K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0141%	1h	0.7413	−0.003%	$11K	$87K	25x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7410	−0.040%	$9	$96K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7408	−0.061%	$56.7M	$99.9M	200x	as long as short
dYdX ASTER-USD	+0.0002%	1h	0.7406	−0.088%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7413	+0.002%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7416	+0.040%	$913K	$852K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7411	−0.027%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7413	+0.007%	$370K	$275K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7410	−0.040%	$254K	$108K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7411	−0.024%	$90.9M	$106.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7411	−0.027%	$49.5M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7412	−0.013%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7408	−0.067%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7410	−0.040%	$34.0M	$16.3M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7411	−0.022%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7412	−0.013%	$18.1M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7412	−0.013%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7413	+0.003%	$265K	$324K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7410	−0.036%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7418	+0.068%	$456K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7434	+0.283%	$66K	$717K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7421	+0.108%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7410	−0.040%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7409	−0.054%	$242K	$118K	20x	as long as short
edgeX ASTERUSDC	+0.0102%	4h	0.7429	+0.218%	$214K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7410	−0.039%	$378K	$635K	25x	as long as short
01 Exchange ASTERUSDlong	+0.0152%	1h	0.7413	long leg	$8K	$4K	10x
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7416	+0.037%	$285K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7414	+0.010%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7413	0.000%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0478%	1h	0.7423	+0.136%	$26.0M	$6.7M	5x	as long as short