Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0162%/8h= +17.8% APRpaid last 24h −0.104%

Price spread now: Kraken Futures against BingX+0.017%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$500.498% of the position

Long on BingX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.689%−$69 on $10k

Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.017%, 7d avg +0.022%

Together, before fees−0.737%−$74 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.689%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ASTER-USDT	0.7394	0.0100	pay 0.0050% / 4h	2h 38m	—	$9.6M	—
Short	Kraken Futures PF_ASTERUSD	0.7395	0.0262	get 0.0033% / 1h	38m 34s	$284K	$419K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.017%Rate

Funding earned: $34.1
Price spread: +0.017% → +0.022%: −$0.5
Slippage, 4 orders: −$29.83
Fee BingX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$16.23
Costs to cover: 0.498%
Break-even: 10.3 days

Slippage from BingX: live order book, 4 min ago; Kraken Futures: live order book, 49 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 BingX live order book, 4 min ago	2.03 bp	8.2 bp −$8	10.1 bp −$101	42.0 bp −$4,198	182.8 bp −$91.4K
Sell Kraken Futures live order book, 49 min ago	8.76 bp	20.7 bp −$21	38.2 bp −$382	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
Deribit ASTER_USDC-PERPETUAL	−0.0169%	1h	0.7392	−0.024%	$11K	$102K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0160%	1h	0.7400	+0.082%	$252K	$831K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.230%	$9	$54K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7394	−0.003%	$56.8M	$99.7M	200x	as long as short
dYdX ASTER-USD	+0.0005%	1h	0.7394	−0.005%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7392	−0.024%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7397	+0.042%	$909K	$836K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7397	+0.041%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7395	+0.014%	$367K	$280K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7396	+0.033%	$253K	$108K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7395	+0.013%	$90.6M	$105.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7396	+0.027%	$49.4M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7396	+0.027%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7393	−0.014%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7392	−0.027%	$33.7M	$16.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7394	−0.001%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7393	−0.014%	$18.0M	$6.2M	50x	as long as short
BingX ASTER-USDTlong	+0.0100%	4h	0.7394	long leg	—	$9.6M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7392	−0.026%	$264K	$323K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7400	+0.075%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7401	+0.094%	$460K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7401	+0.095%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7397	+0.041%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7391	−0.041%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7391	−0.041%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7394	+0.004%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0111%	4h	0.7400	+0.082%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7399	+0.068%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSDshort	+0.0262%	1h	0.7395	+0.017%	$284K	$419K	20x
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7391	−0.035%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7389	−0.068%	$3.4M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0503%	1h	0.7403	+0.118%	$26.0M	$6.8M	5x	as long as short