Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.052%

Price spread now: Gate against Coinbase International+0.045%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$600.601% of the position

Long on Coinbase International Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.244%+$24 on $10k

Price spread, last 4 days (all we have)+0.109%+$11 · spread now +0.045%, 7d avg +0.060%

Together, before fees+0.353%+$35 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.060%, so right now this pair is about funding alone: +$5 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	0.7279	−0.0072	get 0.0009% / 1h	32m 17s	$254K	$985K	50x
Short	Gate ASTER_USDT	0.7282	0.0100	get 0.0050% / 4h	32m 17s	$6.4M	$5.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.045%Rate

Funding earned: $36.12
Price spread: +0.045% → +0.060%: −$1.5
Slippage, 4 orders: −$35.11
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$25.49
Costs to cover: 0.601%
Break-even: 11.9 days

Slippage from Coinbase International: live order book, 26 min ago; Gate: live order book, 1 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, 26 min ago	2.18 bp	11.2 bp −$11	19.0 bp −$190	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	1.37 bp	13.8 bp −$14	33.4 bp −$334	141.8 bp −$14.2K	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-INTXlong	−0.0072%	1h	0.7279	long leg	$254K	$985K	50x
01 Exchange ASTERUSD	−0.0056%	1h	0.7282	+0.045%	$8K	$4K	10x	as long as short
Aster ASTERUSDT	−0.0020%	4h	0.7282	+0.040%	$53.2M	$109.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7279	0.000%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7283	+0.054%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7282	+0.051%	$31K	—	150x	as long as short
SoDEX ASTER-USD	+0.0031%	1h	0.7284	+0.073%	$13K	$8K	5x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.529%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0068%	4h	0.7283	+0.059%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7285	+0.081%	$881K	$921K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7282	+0.052%	$359K	$264K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7290	+0.153%	$25.2M	$6.9M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7281	+0.027%	$254K	$80K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7282	+0.046%	$89.2M	$118.3M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7280	+0.018%	$48.8M	$24.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7286	+0.100%	$12.2M	$19.6M	50x	as long as short
Gate ASTER_USDTshort	+0.0100%	4h	0.7282	+0.045%	$6.4M	$5.6M	75x
MEXC ASTER_USDT	+0.0100%	4h	0.7280	+0.018%	$33.4M	$18.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7280	+0.019%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7280	+0.018%	$17.8M	$7.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7282	+0.045%	—	$9.8M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7286	+0.102%	$218K	$494K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7217	−0.844%	$2.0M	$395K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7256	−0.306%	$448K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7254	−0.339%	$88K	$726K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7291	+0.169%	$2K	$1.7M	20x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7279	+0.004%	$242K	$140K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7282	+0.041%	$363K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7243	−0.485%	$210K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0283%	1h	0.7288	+0.128%	$339K	$577K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7283	+0.059%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7274	−0.065%	$3.5M	$2.1M	75x	as long as short