Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: SunX against Bybit+0.054%7-day average +0.133% · you sell dearer than you buy

Net, funding: paid 7d − costs−$245as in the Funding arb table

Net, price: spread back to 7d avg − costs−$262as in the Price arb table

costs, in and out, $10k−$2542.544% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 3 days (all we have)−0.014%−$1 · spread now +0.054%, 7d avg +0.133%

Together, before fees+0.084%+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.079% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.133%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTERUSDT	0.7407	0.0100	pay 0.0050% / 4h	2h 56m	$49.2M	$21.8M	75x
Short	SunX ASTER-USDT	0.7411	0.0100	get 0.0050% / 4h	2h 56m	$2K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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 BybitbpFee SunXbpOrdersPrice spread, now +0.054%Rate

Funding earned: $0
Price spread: +0.054% → +0.133%: −$7.87
Slippage, 4 orders: −$235.45
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$262.32
Costs to cover: 2.544%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; SunX: live order book, 8 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 Bybit live order book, 2 min ago	0.68 bp	11.5 bp −$11	38.6 bp −$386	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	30.32 bp	124.3 bp −$124	doesn't fit	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	0.7410	+0.043%	$254K	$839K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.405%	$9	$54K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7407	0.000%	$56.9M	$100.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7414	+0.095%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7405	−0.022%	$11K	$118K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7407	−0.006%	$30K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0056%	1h	0.7413	+0.081%	$8K	$4K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7409	+0.031%	$895K	$810K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7407	0.000%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7413	+0.088%	$368K	$280K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7413	+0.076%	$254K	$109K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7407	0.000%	$91.0M	$106.3M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7407	long leg	$49.2M	$21.8M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7408	+0.014%	$11.9M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7407	0.000%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7408	+0.014%	$33.9M	$16.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7409	+0.028%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7410	+0.041%	$18.1M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7407	0.000%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7413	+0.080%	$281K	$296K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7430	+0.305%	$2.0M	$339K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7412	+0.068%	$464K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7416	+0.122%	$66K	$715K	50x	as long as short
SunX ASTER-USDTshort	+0.0100%	4h	0.7411	+0.054%	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7404	−0.041%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7408	+0.014%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7407	+0.003%	$379K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7413	+0.080%	$214K	$1.9M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7409	+0.032%	$288K	$417K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7405	−0.029%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0335%	1h	0.7419	+0.158%	$26.0M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7404	−0.041%	$3.5M	$1.8M	75x	as long as short