Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.045%

Price spread now: Deribit against BingX+0.026%54s7-day average — · you sell dearer than you buy

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

Long on BingX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.332%−$33 on $10k

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.026% dearer against BingX than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$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 21 hours. The two prices were read 54 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	BingX ASTER-USDT	0.7350	0.0100	pay 0.0050% / 4h	2h 33m	—	$9.6M	—
Short	Deribit ASTER_USDC-PERPETUAL	0.7352	0	get 0.0000% / 1h	33m 31s	$11K	$86K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against BingX. 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 BingXbpFee DeribitbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$21
Price spread: +0.026% → 0.000%: $2.59
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$35.41
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 10 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 BingX live order book, 10 min ago	2.04 bp	7.0 bp −$7	10.8 bp −$108	39.4 bp −$3,937	263.2 bp −$131.6K
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 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	−0.265%	$267K	$852K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7350	+0.002%	$55.2M	$101.5M	200x	as long as short
Deribit ASTER_USDC-PERPETUALshort	0.0000%	1h	0.7352	+0.026%	$11K	$86K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7349	−0.019%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.544%	$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	0.000%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7354	+0.054%	$893K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7351	+0.014%	$366K	$257K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7351	+0.012%	$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 ASTERUSDT	+0.0100%	4h	0.7348	−0.027%	$90.0M	$110.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7348	−0.027%	$49.1M	$22.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7352	+0.027%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7350	0.000%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7348	−0.027%	$34.6M	$17.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7351	+0.016%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7348	−0.027%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDTlong	+0.0100%	4h	0.7350	long leg	—	$9.6M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7360	+0.140%	$221K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7345	−0.063%	$2.1M	$378K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7343	−0.094%	$452K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7342	−0.109%	$65K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7343	−0.095%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7352	+0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7344	−0.082%	$243K	$116K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7344	−0.088%	$367K	$640K	25x	as long as short
Hyperliquid ASTER	+0.0107%	1h	0.7357	+0.094%	$25.5M	$6.6M	5x	as long as short
edgeX ASTERUSDC	+0.0120%	4h	0.7340	−0.142%	$212K	$2.0M	10x	as long as short
dYdX ASTER-USD	+0.0179%	1h	0.7350	−0.006%	$14K	$1K	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7357	+0.091%	$338K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7349	−0.017%	$28K	—	100x	as long as short