Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0307%/8h= −33.6% APRpaid last 24h −0.094%

Price spread now: Injective against BloFin+2.939%7-day average +0.010% · you sell dearer than you buy

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

Long on BloFin Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.562%−$56 on $10k

Price spread, last 4 days (all we have)−3.671%−$367 · spread now +2.939%, 7d avg +0.010%

Together, before fees−4.233%−$423 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Injective is 2.929% dearer against BloFin than usual: you sell high and buy low (spread +2.939% now, against its 7-day average of +0.010%): +$293 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 32 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ASTER-USDT	0.7179	0.0340	pay 0.0170% / 4h	1h 31m	$3.6M	$1.8M	75x
Short	Injective ASTER/USDC PERP	0.7390	0.0033	get 0.0004% / 1h	31m 41s	$9	$133K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now +2.939%Rate

Funding earned: −$64.4
Price spread: +2.939% → +0.010%: $292.87
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $216.45
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: live order book, 10 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 BloFin live order book, 10 min ago	1.38 bp	13.0 bp −$13	17.7 bp −$177	47.6 bp −$4,761	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 exchanges

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	−0.0196%	1h	0.7175	−0.050%	$11K	$41K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7185	+0.084%	$49.6M	$104.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7176	−0.038%	$14K	$1K	5x	as long as short
Coinbase International ASTER-PERP-INTX	0.0000%	1h	0.7177	−0.033%	$249K	$1.1M	50x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7181	+0.025%	$23K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0032%	1h	0.7168	−0.153%	$6K	$7K	10x	as long as short
Injective ASTER/USDC PERPshort	+0.0033%	1h	0.7390	+2.939%	$9	$133K	5.5x
Orderly PERP_ASTER_USDC	+0.0073%	4h	0.7177	−0.028%	$13K	$2K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7188	+0.131%	$863K	$435K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7179	0.000%	$344K	$228K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7192	+0.187%	$24.9M	$6.8M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7186	+0.091%	$251K	$92K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7184	+0.070%	$91.7M	$123.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7186	+0.098%	$48.8M	$24.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7189	+0.139%	$12.4M	$21.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7178	−0.014%	$6.4M	$4.4M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7187	+0.111%	$32.3M	$21.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7179	−0.006%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7188	+0.125%	$17.6M	$7.0M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7182	+0.042%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7184	+0.070%	$206K	$456K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7210	+0.427%	$2.1M	$392K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7211	+0.443%	$453K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7203	+0.334%	$71K	$735K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7191	+0.167%	$2K	$1.5M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7180	+0.014%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7183	+0.056%	$247K	$167K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7181	+0.024%	$360K	$598K	25x	as long as short
edgeX ASTERUSDC	+0.0117%	4h	0.7208	+0.406%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0252%	1h	0.7184	+0.066%	$334K	$605K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0302% / S −0.0215%	1h	0.7202	+0.326%	$27K	—	100x	as long as short
BloFin ASTER-USDTlong	+0.0340%	4h	0.7179	long leg	$3.6M	$1.8M	75x