Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: SunX against Binance−0.027%46s7-day average +0.117% · you buy dearer than you sell

Net, funding: paid 7d − costs−$241as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2482.475% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 3 days (all we have)+0.129%+$13 · spread now −0.027%, 7d avg +0.117%

Together, before fees+0.192%+$19 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: SunX is 0.144% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.117%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ASTERUSDT	0.7444	0.0100	pay 0.0050% / 4h	58m 32s	$91.2M	$106.9M	75x
Short	SunX ASTER-USDT	0.7442	0.0100	get 0.0050% / 4h	58m 32s	$2K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → +0.117%: −$14.43
Slippage, 4 orders: −$229.51
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$261.94
Costs to cover: 2.475%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; SunX: live order book, 7 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, 14 min ago	0.67 bp	6.7 bp −$7	13.8 bp −$138	72.4 bp −$7,240	doesn't fit
Sell SunX live order book, 7 min ago	30.93 bp	124.9 bp −$125	doesn't fit	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	−0.0136%	1h	0.7433	−0.148%	$260K	$844K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7442	−0.033%	$56.8M	$100.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7437	−0.095%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7437	−0.100%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7436	−0.105%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7439	−0.062%	$336K	$489K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.726%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7445	+0.016%	$923K	$882K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7444	+0.006%	$373K	$269K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7444	−0.001%	$255K	$107K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDTlong	+0.0100%	4h	0.7444	long leg	$91.2M	$106.9M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7443	−0.014%	$49.8M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7444	0.000%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7440	−0.054%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7441	−0.041%	$34.6M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7442	−0.025%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7443	−0.014%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7445	+0.013%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7440	−0.054%	$267K	$327K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7427	−0.222%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7429	−0.202%	$458K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7422	−0.296%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7438	−0.081%	$14K	$845	10x	as long as short
SunX ASTER-USDTshort	+0.0100%	4h	0.7442	−0.027%	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7436	−0.108%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7434	−0.135%	$243K	$119K	20x	as long as short
edgeX ASTERUSDC	+0.0104%	4h	0.7424	−0.272%	$214K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7441	−0.040%	$378K	$635K	25x	as long as short
01 Exchange ASTERUSD	+0.0184%	1h	0.7449	+0.067%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7435	−0.119%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0338%	1h	0.7453	+0.117%	$25.9M	$6.8M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7435	−0.121%	$3.5M	$1.9M	75x	as long as short