Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0078%/8h= −8.6% APRpaid last 24h −0.168%

Price spread now: Kraken Futures against BloFin+0.016%57s7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$158as 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−$510.510% of the position

Long on BloFin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−1.075%−$107 on $10k

Price spread, last 3 days (all we have)+0.019%+$2 · spread now +0.016%, 7d avg +0.006%

Together, before fees−1.056%−$106 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 57 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	BloFin ASTER-USDT	0.7416	0.0340	pay 0.0170% / 4h	2h 29m	$3.5M	$1.8M	75x
Short	Kraken Futures PF_ASTERUSD	0.7417	0.0262	get 0.0033% / 1h	29m 51s	$285K	$419K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.016%Rate

Funding earned: −$16.46
Price spread: +0.016% → +0.006%: $0.97
Slippage, 4 orders: −$29.01
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$66.51
Costs to cover: 0.510%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Kraken Futures: live order book, 58 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, 3 min ago	1.35 bp	9.0 bp −$9	18.3 bp −$183	46.0 bp −$4,601	doesn't fit
Sell Kraken Futures live order book, 58 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
Coinbase International ASTER-PERP-INTX	−0.0160%	1h	0.7399	−0.228%	$251K	$832K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7410	−0.081%	$9	$96K	5.5x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0047%	1h	0.7415	−0.020%	$11K	$87K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7413	−0.039%	$56.9M	$99.7M	200x	as long as short
dYdX ASTER-USD	+0.0004%	1h	0.7417	+0.009%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7415	−0.011%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7417	+0.011%	$911K	$845K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7418	+0.027%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7415	−0.007%	$368K	$279K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7418	+0.020%	$254K	$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	0.7413	−0.045%	$90.8M	$106.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7414	−0.027%	$49.5M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7415	−0.013%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7417	+0.013%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7414	−0.027%	$34.1M	$16.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7414	−0.023%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7416	0.000%	$18.1M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7413	−0.040%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7413	−0.036%	$265K	$323K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7415	−0.018%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7411	−0.067%	$463K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7405	−0.148%	$66K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7419	+0.040%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7413	−0.040%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7410	−0.081%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7414	−0.026%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0118%	4h	0.7407	−0.120%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7417	+0.013%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSDshort	+0.0262%	1h	0.7417	+0.016%	$285K	$419K	20x
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7414	−0.032%	$28K	—	100x	as long as short
BloFin ASTER-USDTlong	+0.0340%	4h	0.7416	long leg	$3.5M	$1.8M	75x
Hyperliquid ASTER	+0.0492%	1h	0.7423	+0.101%	$26.0M	$6.8M	5x	as long as short