Funding arb · Price arb /

NOT

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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 0.000%

Price spread now: Aster against Binance+0.134%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 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: Aster is 0.134% dearer against Binance than usual: you sell high and buy low, +$13 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	Binance NOTUSDT	0.0005093	0.0100	pay 0.0050% / 4h	2h 24m	$2.1M	$3.1M	50x
Short	Aster NOTUSDT	0.0005100	0.0100	get 0.0050% / 4h	2h 24m	$14K	$9K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now +0.134%Rate

Funding earned: $0
Price spread: +0.134% → 0.000%: $13.35
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$4.65
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 min ago; Aster: no order-book sample. 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 Binance live order book, 11 min ago	2.95 bp	23.1 bp −$23	147.4 bp −$1,474	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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 15 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	−0.0216%	4h	0.0005099	+0.105%	$72K	$39K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−4.306%	$1K	$13K	5.5x	as long as short
KuCoin NOTUSDTM	+0.0046%	4h	0.0005093	−0.006%	$466K	$134K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005109	+0.308%	$12K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005090	−0.065%	$371K	$51K	3x	as long as short
Aster NOTUSDTshort	+0.0100%	4h	0.0005100	+0.134%	$14K	$9K	5x
Binance NOTUSDTlong	+0.0100%	4h	0.0005093	long leg	$2.1M	$3.1M	50x
Bybit NOTUSDT	+0.0100%	4h	0.0005089	−0.084%	$2.1M	$876K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005091	−0.045%	$637K	$661K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005096	+0.053%	$144K	$81K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDT	+0.0100%	4h	0.0005094	+0.014%	$1.3M	$472K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005098	+0.092%	$672K	$408K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005096	+0.053%	—	$8.9M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005097	+0.066%	$4K	$491	5x	as long as short
Kraken Futures PF_NOTUSD	+0.0201%	1h	0.0005102	+0.163%	$50K	$10K	10x	as long as short