Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Binance−0.061%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$270.271% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.061%, 7d avg 0.000%

Together, before fees+0.010%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.060% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ASTERUSDT	0.7348	0.0100	pay 0.0050% / 4h	2h 33m	$90.0M	$110.7M	75x
Short	Extended ASTER-USD	0.7344	0.0104	get 0.0013% / 1h	33m 26s	$367K	$640K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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 BinancebpFee ExtendedbpOrdersPrice spread, now −0.061%Rate

Funding earned: $0.84
Price spread: −0.061% → 0.000%: −$6
Slippage, 4 orders: −$12.14
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$32.3
Costs to cover: 0.271%
Break-even: 276.2 days

Slippage from Binance: live order book, 9 min ago; Extended: live order book, 34 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 Binance live order book, 9 min ago	0.68 bp	7.3 bp −$7	14.5 bp −$145	83.1 bp −$8,308	doesn't fit
Sell Extended live order book, 34 min ago	2.55 bp	5.1 bp −$5	7.4 bp −$74	doesn't fit	doesn't fit

ASTER on 31 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	−0.0080%	1h	0.7330	−0.238%	$267K	$852K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7350	+0.030%	$55.2M	$101.5M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7352	+0.053%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7349	+0.008%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.572%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0056%	1h	0.7349	+0.014%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7350	+0.027%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7354	+0.082%	$893K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7351	+0.041%	$366K	$257K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7351	+0.039%	$252K	$71K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDTlong	+0.0100%	4h	0.7348	long leg	$90.0M	$110.7M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7348	0.000%	$49.1M	$22.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7352	+0.054%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7350	+0.027%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7348	0.000%	$34.6M	$17.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7351	+0.044%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7348	0.000%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7350	+0.027%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7360	+0.167%	$221K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7345	−0.036%	$2.1M	$378K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7343	−0.067%	$452K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7342	−0.082%	$65K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7343	−0.068%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7352	+0.054%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7344	−0.054%	$243K	$116K	20x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7344	−0.061%	$367K	$640K	25x
Hyperliquid ASTER	+0.0107%	1h	0.7357	+0.121%	$25.5M	$6.6M	5x	as long as short
edgeX ASTERUSDC	+0.0120%	4h	0.7340	−0.114%	$212K	$2.0M	10x	as long as short
dYdX ASTER-USD	+0.0179%	1h	0.7350	+0.021%	$14K	$1K	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7357	+0.118%	$338K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7349	+0.010%	$28K	—	100x	as long as short