Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.017%

Price spread now: Injective against Binance−0.321%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Injective is 0.321% cheaper against Binance than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ASTERUSDT	0.7434	0.0100	pay 0.0050% / 4h	2h 16m	$91.2M	$106.3M	75x
Short	Injective ASTER/USDC PERP	0.7410	−0.0072	pay 0.0009% / 1h	16m 59s	$9	$96K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.321%Rate

Funding earned: −$36.04
Price spread: −0.321% → 0.000%: −$32.12
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$78.18
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 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 Binance live order book, 11 min ago	0.67 bp	6.8 bp −$7	15.8 bp −$158	77.5 bp −$7,748	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	−0.0160%	1h	0.7442	+0.107%	$252K	$832K	50x	as long as short
Injective ASTER/USDC PERPshort	−0.0072%	1h	0.7410	−0.321%	$9	$96K	5.5x
Deribit ASTER_USDC-PERPETUAL	−0.0019%	1h	0.7435	+0.010%	$11K	$87K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7433	−0.013%	$56.9M	$99.9M	200x	as long as short
dYdX ASTER-USD	+0.0003%	1h	0.7434	+0.008%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7437	+0.037%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7439	+0.064%	$916K	$849K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7435	+0.022%	$370K	$278K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7436	+0.026%	$255K	$108K	10x	as long as short
Binance ASTERUSDTlong	+0.0100%	4h	0.7434	long leg	$91.2M	$106.3M	75x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7430	−0.052%	$49.7M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7434	+0.002%	$12.0M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7435	+0.015%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7431	−0.039%	$34.2M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7434	+0.004%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7434	+0.002%	$18.2M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7435	+0.015%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7436	+0.027%	$266K	$324K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7437	+0.043%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7442	+0.111%	$465K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7440	+0.082%	$66K	$715K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7432	−0.025%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7439	+0.069%	$3K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7435	+0.015%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7436	+0.029%	$243K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7434	+0.005%	$378K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0107%	4h	0.7439	+0.075%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0160%	1h	0.7440	+0.082%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0261%	1h	0.7440	+0.084%	$286K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7435	+0.012%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7440	+0.082%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0488%	1h	0.7446	+0.159%	$26.1M	$6.7M	5x	as long as short