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: Aster against MEXC+0.095%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on Aster

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: Aster is 0.095% dearer against MEXC than usual: you sell high and buy low, +$9 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	MEXC NOT_USDT	0.0005074	0.0100	pay 0.0050% / 4h	3h 28m	$1.4M	$441K	200x
Short	Aster NOTUSDT	0.0005079	0.0100	get 0.0050% / 4h	3h 28m	$14K	$9K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.095%Rate

Funding earned: $0
Price spread: +0.095% → 0.000%: $9.46
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$2.54
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 2 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 MEXC live order book, 2 min ago	1.97 bp	16.1 bp −$16	51.2 bp −$512	93.7 bp −$9,368	112.1 bp −$56.0K
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 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	+0.012%	$72K	$38K	—	as long as short
KuCoin NOTUSDTM	−0.0266%	4h	0.0005064	−0.197%	$473K	$128K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.942%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDT	+0.0088%	4h	0.0005080	+0.118%	$111K	$18K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005085	+0.213%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005080	+0.118%	$360K	$54K	3x	as long as short
Aster NOTUSDTshort	+0.0100%	4h	0.0005079	+0.095%	$14K	$9K	5x
Binance NOTUSDT	+0.0100%	4h	0.0005076	+0.039%	$2.1M	$3.0M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005069	−0.099%	$2.1M	$857K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005074	0.000%	$642K	$677K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005075	+0.020%	$140K	$70K	50x	as long as short
MEXC NOT_USDTlong	+0.0100%	4h	0.0005074	long leg	$1.4M	$441K	200x
Bitget NOTUSDT	+0.0100%	4h	0.0005079	+0.099%	$674K	$415K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005075	+0.020%	—	$8.7M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005074	+0.010%	$4K	—	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1127%	1h	0.0005072	−0.040%	$49K	$7K	10x	as long as short