Funding arb · Price arb /

NOT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Aster−0.071%7-day average — · you buy dearer than you sell

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

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.071% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NOTUSDT	0.0005078	0.0100	pay 0.0050% / 4h	3h 28m	$14K	$9K	5x
Short	OKX NOT-USDT-SWAP	0.0005074	0.0100	get 0.0050% / 4h	3h 28m	$643K	$676K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Aster. 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 AsterbpFee OKXbpOrdersPrice spread, now −0.071%Rate

Funding earned: $0
Price spread: −0.071% → 0.000%: −$7.09
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$25.09
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; OKX: live order book, 22 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 Aster no order-book sample	—	—	—	—	—
Sell OKX live order book, 22 min ago	3.93 bp	32.9 bp −$33	doesn't fit	doesn't fit	doesn't fit

Aster: 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.

NOT on 16 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
Variational Omni NOT	−0.0310%	4h	0.0005075	−0.059%	$72K	$38K	—	as long as short
KuCoin NOTUSDTM	−0.0264%	4h	0.0005063	−0.288%	$473K	$128K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−4.010%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDT	+0.0088%	4h	0.0005080	+0.047%	$111K	$18K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005085	+0.146%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005080	+0.047%	$360K	$54K	3x	as long as short
Aster NOTUSDTlong	+0.0100%	4h	0.0005078	long leg	$14K	$9K	5x
Binance NOTUSDT	+0.0100%	4h	0.0005076	−0.032%	$2.1M	$3.0M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005069	−0.169%	$2.1M	$857K	25x	as long as short
OKX NOT-USDT-SWAPshort	+0.0100%	4h	0.0005074	−0.071%	$643K	$676K	20x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005074	−0.071%	$140K	$70K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0005076	−0.032%	$1.4M	$441K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005080	+0.047%	$674K	$415K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0005076	−0.032%	—	$726K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005075	−0.061%	$4K	—	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1127%	1h	0.0005072	−0.111%	$49K	$7K	10x	as long as short