Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.007%

Price spread now: Injective against Aster+0.760%7-day average −0.086% · you sell dearer than you buy

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

Long on Aster Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 4 days (all we have)−1.266%−$127 · spread now +0.760%, 7d avg −0.086%

Together, before fees−1.357%+ Points / potential airdropAster: Stage 5 · farm board−$136 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.846% dearer against Aster than usual: you sell high and buy low: +$85 more if the spread goes back to its 7-day average of −0.086%. Mind the row above: over the last 7 days funding on this pair cost −0.092%, 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	0.7334	0	get 0.0000% / 4h	57m 05s	$54.6M	$102.8M	200x
Short	Injective ASTER/USDC PERP	0.7390	0.0033	get 0.0004% / 1h	57m 05s	$9	$133K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.760%Rate

Funding earned: $7
Price spread: +0.760% → −0.086%: $84.6
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $83.58
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Aster: live order book, 2 min ago; Injective: 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 Aster live order book, 2 min ago	1.36 bp	6.7 bp −$7	13.7 bp −$137	271.3 bp −$27.1K	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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.

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
Coinbase International ASTER-PERP-INTX	−0.0072%	1h	0.7328	−0.091%	$277K	$885K	50x	as long as short
Aster ASTERUSDTlong	0.0000%	4h	0.7334	long leg	$54.6M	$102.8M	200x
dYdX ASTER-USD	0.0000%	1h	0.7324	−0.142%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7334	−0.007%	$11K	$71K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7335	+0.004%	$24K	—	150x	as long as short
Injective ASTER/USDC PERPshort	+0.0033%	1h	0.7390	+0.760%	$9	$133K	5.5x
Orderly PERP_ASTER_USDC	+0.0077%	4h	0.7330	−0.058%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7337	+0.033%	$894K	$909K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7326	−0.118%	$367K	$249K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7328	−0.085%	$254K	$73K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7340	+0.078%	$90.5M	$111.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7339	+0.065%	$48.8M	$22.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7342	+0.106%	$12.1M	$18.7M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7336	+0.024%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7337	+0.038%	$34.0M	$18.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7333	−0.010%	$10.8M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7341	+0.092%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7341	+0.092%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7340	+0.078%	$218K	$486K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7321	−0.181%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7331	−0.044%	$449K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7322	−0.167%	$84K	$722K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7344	+0.133%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7336	+0.024%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7334	−0.003%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7333	−0.015%	$365K	$638K	25x	as long as short
01 Exchange ASTERUSD	+0.0104%	1h	0.7326	−0.112%	$8K	$4K	10x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7318	−0.217%	$212K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0127%	1h	0.7347	+0.177%	$25.5M	$6.5M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0281%	1h	0.7339	+0.069%	$337K	$489K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7334	+0.003%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7337	+0.038%	$3.5M	$1.9M	75x	as long as short