Funding arb · Price arb /

STABLE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.022%

Price spread now: Binance 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 Binance

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: Binance 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 STABLEUSDT	0.02525	0.0100	pay 0.0050% / 4h	3m 28s	$19K	$6K	20x
Short	Binance STABLEUSDT	0.02523	0.0100	get 0.0050% / 4h	3m 28s	$2.5M	$2.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.071%Rate

Funding earned: $0
Price spread: −0.071% → 0.000%: −$7.05
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$25.05
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Binance: live order book, 2 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 Binance live order book, 2 min ago	1.98 bp	29.3 bp −$29	91.7 bp −$917	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.

STABLE 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
Lighter STABLE	+0.0096%	1h	0.02537	+0.505%	$116K	$3K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02524	−0.042%	$891K	$228K	3x	as long as short
Aster STABLEUSDTlong	+0.0100%	4h	0.02525	long leg	$19K	$6K	20x
Binance STABLEUSDTshort	+0.0100%	4h	0.02523	−0.071%	$2.5M	$2.7M	75x
Bybit STABLEUSDT	+0.0100%	4h	0.02523	−0.046%	$1.5M	$785K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02522	−0.101%	$206K	$430K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02525	+0.018%	$175K	$89K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02524	−0.022%	$673K	$157K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02529	+0.176%	$181K	$29K	30x	as long as short
Bitget STABLEUSDT	+0.0100%	4h	0.02522	−0.101%	$295K	$115K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX STABLE-USDT	+0.0100%	4h	0.02524	−0.022%	—	$6.5M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02527	+0.103%	$148K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02522	−0.101%	$2K	$698K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02524	−0.002%	$12K	$175K	10x	as long as short
BloFin STABLE-USDT	+0.0158%	4h	0.02522	−0.101%	$114K	$7K	75x	as long as short