Funding arb · Price arb /

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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 −0.007%

Price spread now: Aster against SunX−0.167%7-day average — · you buy dearer than you sell

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

Long on SunX 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 0.167% cheaper against SunX than usual: you would sell low and buy high, −$17 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	SunX STABLE-USDT	0.02454	0.0100	pay 0.0050% / 4h	1m 39s	$1K	$931K	20x
Short	Aster STABLEUSDT	0.02450	0.0100	get 0.0050% / 4h	1m 39s	$18K	$9K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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 SunXbpFee AsterbpOrdersPrice spread, now −0.167%Rate

Funding earned: $0
Price spread: −0.167% → 0.000%: −$16.69
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$32.69
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 51 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 SunX live order book, 51 min ago	498.36 bp	doesn't fit	doesn't fit	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.

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	0.02464	+0.424%	$113K	$10K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02450	−0.155%	$863K	$170K	3x	as long as short
Aster STABLEUSDTshort	+0.0100%	4h	0.02450	−0.167%	$18K	$9K	20x
Binance STABLEUSDT	+0.0100%	4h	0.02449	−0.185%	$2.5M	$2.6M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02451	−0.114%	$1.5M	$762K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02453	−0.033%	$210K	$444K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02453	−0.033%	$175K	$57K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02450	−0.155%	$591K	$166K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02458	+0.171%	$181K	$29K	30x	as long as short
Bitget STABLEUSDT	+0.0100%	4h	0.02451	−0.114%	$283K	$89K	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	0.02451	−0.114%	—	$6.5M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02453	−0.026%	$144K	$8K	—	as long as short
SunX STABLE-USDTlong	+0.0100%	4h	0.02454	long leg	$1K	$931K	20x
Extended STABLE-USD	+0.0104%	1h	0.02448	−0.216%	$12K	$211K	10x	as long as short
BloFin STABLE-USDT	+0.0117%	4h	0.02451	−0.114%	$113K	$10K	75x	as long as short