Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.071%

Price spread now: Orderly against Coinbase International+0.036%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Orderly is 0.036% dearer against Coinbase International than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ASTER-PERP-INTX	0.7458	−0.0136	get 0.0017% / 1h	34m 59s	$261K	$856K	50x
Short	Orderly PERP_ASTER_USDC	0.7461	0.0100	get 0.0050% / 4h	34m 59s	$14K	$845	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.036%Rate

Funding earned: $49.56
Price spread: +0.036% → 0.000%: $3.62
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $37.18
Costs to cover: 0.160%
Break-even: 1.7 days

Slippage unknown: Coinbase International: live order book, 43 min ago; Orderly: no order-book sample. Net counts fees only.

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, 43 min ago	4.25 bp	14.1 bp −$14	18.0 bp −$180	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0136%	1h	0.7458	long leg	$261K	$856K	50x
Aster ASTERUSDT	0.0000%	4h	0.7460	+0.023%	$56.9M	$100.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7465	+0.090%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7459	+0.003%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7461	+0.032%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7463	+0.067%	$337K	$484K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.916%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7463	+0.063%	$924K	$883K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7462	+0.053%	$374K	$268K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7461	+0.039%	$256K	$104K	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	0.7461	+0.036%	$91.4M	$107.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7461	+0.036%	$49.9M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7463	+0.063%	$12.0M	$18.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7462	+0.050%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7460	+0.023%	$35.2M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7460	+0.020%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7462	+0.050%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7461	+0.036%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7456	−0.029%	$251K	$376K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7468	+0.132%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7470	+0.157%	$461K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7471	+0.170%	$67K	$713K	50x	as long as short
Orderly PERP_ASTER_USDCshort	+0.0100%	4h	0.7461	+0.036%	$14K	$845	10x
SunX ASTER-USDT	+0.0100%	4h	0.7468	+0.130%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7458	−0.004%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7466	+0.103%	$244K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7462	+0.046%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7467	+0.118%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7465	+0.090%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7460	+0.017%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0333%	1h	0.7469	+0.142%	$26.0M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7465	+0.090%	$3.5M	$1.9M	75x	as long as short