Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.085%

Price spread now: edgeX against Coinbase International−0.003%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$380.376% of the position

Long on Coinbase International Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.288%+$29 on $10k

Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.003%, 7d avg +0.010%

Together, before fees+0.358%+ Points / potential airdropedgeX: Active · farm board+$36 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ASTER-PERP-INTX	0.7350	−0.0080	get 0.0010% / 1h	9m 10s	$267K	$849K	50x
Short	edgeX ASTERUSDC	0.7350	0.0108	get 0.0054% / 4h	2h 09m	$212K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Coinbase International. 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 Coinbase InternationalbpFee edgeXbpOrdersPrice spread, now −0.003%Rate

Funding earned: $39.46
Price spread: −0.003% → +0.010%: −$1.28
Slippage, 4 orders: −$18.63
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $0.55
Costs to cover: 0.376%
Break-even: 6.9 days

Slippage from Coinbase International: live order book, 59 min ago; edgeX: live order book, 5 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 Coinbase International live order book, 59 min ago	4.29 bp	11.0 bp −$11	17.3 bp −$173	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	2.04 bp	6.5 bp −$7	12.9 bp −$129	doesn't fit	doesn't fit

ASTER on 31 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-INTXlong	−0.0080%	1h	0.7350	long leg	$267K	$849K	50x
Aster ASTERUSDT	0.0000%	4h	0.7346	−0.053%	$54.9M	$101.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7344	−0.075%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7348	−0.024%	$34K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.546%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7345	−0.067%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	+0.0093%	1h	0.7351	+0.009%	$14K	$1K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7342	−0.107%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7349	−0.014%	$892K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7349	−0.019%	$367K	$255K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7351	+0.022%	$25.4M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7349	−0.018%	$256K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7345	−0.067%	$90.1M	$110.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7344	−0.080%	$49.1M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7348	−0.026%	$12.0M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7348	−0.026%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7342	−0.107%	$33.8M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7347	−0.037%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7343	−0.094%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7343	−0.094%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7347	−0.045%	$219K	$482K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7350	+0.004%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7349	−0.013%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7351	+0.015%	$66K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7345	−0.067%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7345	−0.067%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7346	−0.053%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7346	−0.058%	$367K	$639K	25x	as long as short
edgeX ASTERUSDCshort	+0.0108%	4h	0.7350	−0.003%	$212K	$2.0M	10x
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7348	−0.022%	$339K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7346	−0.058%	$28K	—	100x	as long as short