Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.028%

Price spread now: Extended against Aster+0.012%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$230.228% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.012%, 7d avg −0.014%

Together, before fees−0.119%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.026% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ASTERUSDT	0.7379	0	get 0.0000% / 4h	1h 57m	$56.5M	$99.9M	200x
Short	Extended ASTER-USD	0.7380	0.0104	get 0.0013% / 1h	57m 40s	$376K	$635K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.012%Rate

Funding earned: $21.84
Price spread: +0.012% → −0.014%: $2.62
Slippage, 4 orders: −$9.84
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $1.62
Costs to cover: 0.228%
Break-even: 6.5 days

Slippage from Aster: live order book, 1 min ago; Extended: live order book, 25 min ago.

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 live order book, 1 min ago	0.68 bp	5.3 bp −$5	15.5 bp −$155	253.9 bp −$25.4K	doesn't fit
Sell Extended live order book, 25 min ago	2.62 bp	5.1 bp −$5	8.5 bp −$85	doesn't fit	doesn't fit

ASTER on 32 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
Deribit ASTER_USDC-PERPETUAL	−0.0305%	1h	0.7383	+0.053%	$11K	$87K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7390	+0.144%	$251K	$827K	50x	as long as short
Aster ASTERUSDTlong	0.0000%	4h	0.7379	long leg	$56.5M	$99.9M	200x
dYdX ASTER-USD	0.0000%	1h	0.7385	+0.085%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7384	+0.073%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.420%	$9	$96K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7383	+0.056%	$909K	$849K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7391	+0.162%	$370K	$277K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7382	+0.036%	$253K	$108K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7380	+0.007%	$90.4M	$107.0M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7379	0.000%	$49.4M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7381	+0.027%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7377	−0.027%	$6.2M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7380	+0.014%	$33.8M	$16.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7379	+0.001%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7381	+0.027%	$18.1M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7380	+0.014%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7379	+0.004%	$264K	$322K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7388	+0.125%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7390	+0.149%	$464K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7391	+0.163%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7387	+0.108%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7393	+0.190%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7382	+0.041%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7391	+0.163%	$242K	$118K	20x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7380	+0.012%	$376K	$635K	25x
01 Exchange ASTERUSD	+0.0104%	1h	0.7383	+0.054%	$8K	$4K	10x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7389	+0.134%	$213K	$1.9M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7386	+0.095%	$284K	$419K	20x	as long as short
Hyperliquid ASTER	+0.0217%	1h	0.7388	+0.119%	$25.7M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7384	+0.065%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7389	+0.136%	$3.5M	$1.8M	75x	as long as short