Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.071%

Price spread now: Extended against BloFin−0.041%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.496%−$50 on $10k

Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.041%, 7d avg +0.002%

Together, before fees−0.277%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.043% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.002%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ASTER-USDT	0.7347	0.0340	pay 0.0170% / 4h	1h 17m	$3.5M	$1.9M	75x
Short	Extended ASTER-USD	0.7344	0.0104	get 0.0013% / 1h	17m 03s	$367K	$638K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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 BloFinbpFee ExtendedbpOrdersPrice spread, now −0.041%Rate

Funding earned: −$49.56
Price spread: −0.041% → +0.002%: −$4.3
Slippage, 4 orders: −$14.91
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$85.77
Costs to cover: 0.319%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Extended: live order book, 46 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 BloFin live order book, 6 min ago	0.68 bp	10.2 bp −$10	15.3 bp −$153	44.5 bp −$4,448	doesn't fit
Sell Extended live order book, 46 min ago	1.90 bp	4.4 bp −$4	6.6 bp −$66	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	−0.0088%	1h	0.7338	−0.124%	$270K	$878K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7346	−0.014%	$54.6M	$101.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7345	−0.034%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7346	−0.014%	$11K	$71K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7347	+0.002%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0008%	1h	0.7346	−0.014%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.585%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0083%	4h	0.7347	0.000%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7351	+0.052%	$896K	$907K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7344	−0.041%	$368K	$250K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7357	+0.133%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7348	+0.010%	$256K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7346	−0.009%	$90.3M	$110.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7347	0.000%	$49.0M	$22.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7351	+0.054%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7345	−0.027%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7346	−0.014%	$33.8M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7346	−0.015%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7347	0.000%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7349	+0.027%	—	$9.5M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7351	+0.049%	$218K	$481K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7357	+0.138%	$2.1M	$370K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7347	+0.005%	$459K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7357	+0.136%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7357	+0.136%	$2K	$1.6M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7347	0.000%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7339	−0.109%	$243K	$117K	20x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7344	−0.041%	$367K	$638K	25x
edgeX ASTERUSDC	+0.0113%	4h	0.7348	+0.017%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7350	+0.038%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7346	−0.017%	$28K	—	100x	as long as short
BloFin ASTER-USDTlong	+0.0340%	4h	0.7347	long leg	$3.5M	$1.9M	75x