ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.056%

Price spread now: Deribit against Backpack−0.035%7-day average −0.060% · you buy dearer than you sell

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

Long on Backpack Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.325%−$32 on $10k

Price spread, last 3 days (all we have)+0.042%+$4 · spread now −0.035%, 7d avg −0.060%

Together, before fees−0.282%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.025% dearer against Backpack than usual: you sell high and buy low (spread −0.035% now, against its 7-day average of −0.060%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack ASTER_USDC_PERP	0.7427	0.0100	pay 0.0013% / 1h	2m 36s	$264K	$326K	10x
Short	Deribit ASTER_USDC-PERPETUAL	0.7424	0	get 0.0000% / 1h	2m 36s	$11K	$87K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Backpack. 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 BackpackbpFee DeribitbpOrdersPrice spread, now −0.035%Rate

Funding earned: −$21
Price spread: −0.035% → −0.060%: $2.54
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$35.46
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 16 min ago; Deribit: 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 Backpack live order book, 16 min ago	0.07 bp	5.5 bp −$5	57.9 bp −$579	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.0136%	1h	0.7406	−0.280%	$260K	$839K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7426	−0.018%	$56.7M	$99.8M	200x	as long as short
Deribit ASTER_USDC-PERPETUALshort	0.0000%	1h	0.7424	−0.035%	$11K	$87K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7423	−0.048%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7390	−0.498%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0049%	1h	0.7422	−0.068%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7430	+0.038%	$921K	$882K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7425	−0.027%	$372K	$269K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7429	+0.022%	$255K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7426	−0.012%	$90.9M	$106.9M	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	0.7428	+0.013%	$49.7M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7426	−0.013%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7426	−0.013%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7429	+0.027%	$34.8M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7427	+0.001%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7428	+0.013%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7426	−0.013%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERPlong	+0.0100%	1h	0.7427	long leg	$264K	$326K	10x
Variational Omni ASTER	+0.0100%	4h	0.7413	−0.182%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7419	−0.112%	$457K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7414	−0.175%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7422	−0.067%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7433	+0.081%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7425	−0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7425	−0.027%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7424	−0.046%	$378K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7418	−0.124%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7429	+0.027%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0146%	1h	0.7432	+0.065%	$336K	$489K	20x	as long as short
Hyperliquid ASTER	+0.0150%	1h	0.7435	+0.112%	$25.8M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7424	−0.046%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7426	−0.013%	$3.5M	$1.9M	75x	as long as short