Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0262%/8h= +28.7% APRpaid last 24h −0.076%

Price spread now: Kraken Futures against Aster+0.123%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$450.451% of the position

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.628%−$63 on $10k

Price spread, last 3 days (all we have)−0.209%−$21 · spread now +0.123%, 7d avg −0.007%

Together, before fees−0.837%+ Points / potential airdropAster: Stage 5 · farm board−$84 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.130% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.628%, 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	0.7400	0	get 0.0000% / 4h	2h 40m	$56.8M	$99.6M	200x
Short	Kraken Futures PF_ASTERUSD	0.7409	0.0262	get 0.0033% / 1h	40m 19s	$285K	$419K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.123%Rate

Funding earned: $55
Price spread: +0.123% → −0.007%: $13.05
Slippage, 4 orders: −$27.09
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $22.96
Costs to cover: 0.451%
Break-even: 4.1 days

Slippage from Aster: live order book, 4 min ago; Kraken Futures: live order book, 47 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, 4 min ago	0.68 bp	5.2 bp −$5	12.7 bp −$127	262.9 bp −$26.3K	doesn't fit
Sell Kraken Futures live order book, 47 min ago	8.76 bp	20.7 bp −$21	38.2 bp −$382	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
Coinbase International ASTER-PERP-INTX	−0.0160%	1h	0.7400	+0.001%	$252K	$831K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.311%	$9	$54K	5.5x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0047%	1h	0.7405	+0.065%	$11K	$102K	25x	as long as short
Aster ASTERUSDTlong	0.0000%	4h	0.7400	long leg	$56.8M	$99.6M	200x
dYdX ASTER-USD	+0.0006%	1h	0.7401	+0.009%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7402	+0.031%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7404	+0.059%	$910K	$836K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0098%	4h	0.7407	+0.094%	$14K	$845	10x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7403	+0.036%	$254K	$109K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7404	+0.049%	$90.7M	$105.9M	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	0.7404	+0.054%	$49.4M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7403	+0.040%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7401	+0.013%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7406	+0.081%	$33.8M	$16.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7401	+0.012%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7405	+0.067%	$18.1M	$6.1M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7403	+0.040%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7403	+0.040%	$265K	$323K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7400	−0.006%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7398	−0.027%	$457K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7398	−0.027%	$66K	$715K	50x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7403	+0.034%	$368K	$280K	5x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7409	+0.121%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7405	+0.067%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7401	+0.013%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7403	+0.044%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7396	−0.052%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7404	+0.054%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSDshort	+0.0262%	1h	0.7409	+0.123%	$285K	$419K	20x
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7403	+0.038%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7401	+0.013%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0500%	1h	0.7414	+0.195%	$26.0M	$6.8M	5x	as long as short