Settings8H · net · $10k
Funding arb · Price arb /

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0153%/8h= +16.7% APRnext payment +$0.19 per $10,000 · paid last 24h −0.009%
Price spread now: Kraken Futures against Coinbase International+0.186%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$520.524% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.370%−$37 on $10k
Price spread, last 3 days (all we have)−0.031%−$3 · spread now +0.186%, 7d avg +0.054%
Together, before fees−0.401%−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.132% dearer against Coinbase International than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.370%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ASTER-PERP-INTX0.7433−0.0136get 0.0017% / 1h57m 36s$260K$844K50x
ShortKraken Futures PF_ASTERUSD0.74470.0017get 0.0002% / 1h57m 36s$336K$489K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
$32.05
Price spread: +0.186% → +0.054%
$13.23
Slippage, 4 orders
−$32.43
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$7.14
Costs to cover
0.524%
Break-even
8.6 days
Slippage from Coinbase International: live order book, 21 min ago; Kraken Futures: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 21 min ago4.25 bp14.1 bp −$1418.0 bp −$180doesn't fitdoesn't fit
Sell Kraken Futures live order book, 20 min ago1.35 bp12.2 bp −$1230.2 bp −$302doesn't fitdoesn't fit

ASTER on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ASTER-PERP-INTXlong−0.0136%1h0.7433long leg$260K$844K50x
Aster ASTERUSDT0.0000%4h0.7446+0.173%$56.9M$100.0M200xas long as short
dYdX ASTER-USD0.0000%1h0.7444+0.146%$13K$615xas long as short
Deribit ASTER_USDC-PERPETUAL0.0000%1h0.7445+0.157%$11K$87K25xas long as short
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0007%1h0.7442+0.124%$30K150xas long as short
Kraken Futures PF_ASTERUSDshort+0.0017%1h0.7447+0.186%$336K$489K20x
Injective ASTER/USDC PERP+0.0045%1h0.7390−0.579%$9$133K5.5xas long as short
Lighter ASTER+0.0096%1h0.7448+0.203%$923K$882K5xas long as short
Nado ASTER-PERP+0.0100%1h0.7444+0.155%$373K$269K5xas long as short
Pacifica ASTER+0.0100%1h0.7447+0.186%$255K$107K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ASTERUSDT+0.0100%4h0.7444+0.143%$91.2M$106.9M75xas long as short
Bybit ASTERUSDT+0.0100%4h0.7445+0.161%$49.8M$21.8M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7443+0.135%$12.0M$18.6M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7445+0.161%$6.3M$5.0M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7443+0.135%$34.5M$16.4M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7446+0.172%$11.1M$3.1M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7444+0.148%$18.3M$6.4M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7443+0.135%$9.6Mas long as short
Backpack ASTER_USDC_PERP+0.0100%1h0.7447+0.182%$268K$327K10xas long as short
Variational Omni ASTER+0.0100%4h0.7427−0.074%$2.1M$366Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7429−0.054%$458K$3.8M10xas long as short
ApeX Omni ASTERUSDT+0.0100%1h0.7422−0.148%$66K$716K50xas long as short
Orderly PERP_ASTER_USDC+0.0100%4h0.7447+0.188%$14K$84510xas long as short
SunX ASTER-USDT+0.0100%4h0.7447+0.188%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7442+0.121%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.7437+0.054%$243K$119K20xas long as short
Extended ASTER-USD+0.0104%1h0.7442+0.125%$378K$635K25xas long as short
edgeX ASTERUSDC+0.0114%4h0.7434+0.011%$214K$1.9M10xas long as short
01 Exchange ASTERUSD+0.0176%1h0.7447+0.188%$8K$4K10xas long as short
Hyperliquid ASTER+0.0298%1h0.7451+0.242%$25.9M$6.8M5xas long as short
GMX ASTER/USD [WBTC.b-USDC]L +0.0305% / S −0.0215%1h0.7443+0.128%$28K100xas long as short
BloFin ASTER-USDT+0.0340%4h0.7435+0.027%$3.5M$1.9M75xas long as short