Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.044%

Price spread now: Binance against Deribit−0.077%55s7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.274%+$27 on $10k

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

Together, before fees—needs both histories

Funding pays, the price is against you. Binance is 0.077% cheaper against Deribit than usual: you would sell low and buy high (spread −0.077% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.6 days of funding at the current rate (+$3 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ASTER_USDC-PERPETUAL	0.7345	0	get 0.0000% / 1h	54m 23s	$11K	$71K	25x
Short	Binance ASTERUSDT	0.7339	0.0100	get 0.0050% / 4h	54m 23s	$90.5M	$111.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Deribit. 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 DeribitbpFee BinancebpOrdersPrice spread, now −0.077%Rate

Funding earned: $21
Price spread: −0.077% → 0.000%: −$7.68
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$3.68
Costs to cover: 0.170%
Break-even: 8.2 days

Slippage unknown: Deribit: no order-book sample; Binance: live order book, 4 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell Binance live order book, 4 min ago	0.68 bp	7.9 bp −$8	13.8 bp −$138	53.7 bp −$5,375	253.4 bp −$126.7K

Deribit: 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-INTX	−0.0072%	1h	0.7328	−0.234%	$277K	$884K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7342	−0.032%	$54.6M	$102.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7347	+0.024%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7345	long leg	$11K	$71K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7338	−0.089%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.615%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0077%	4h	0.7338	−0.093%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7347	+0.030%	$895K	$909K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7343	−0.025%	$368K	$249K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7346	+0.017%	$255K	$73K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDTshort	+0.0100%	4h	0.7339	−0.077%	$90.5M	$111.1M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7338	−0.093%	$48.8M	$22.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7338	−0.093%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7344	−0.011%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7340	−0.065%	$33.7M	$18.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7344	−0.010%	$10.8M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7343	−0.025%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7336	−0.120%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7349	+0.056%	$218K	$486K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7353	+0.116%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7329	−0.210%	$449K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7335	−0.133%	$84K	$722K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7354	+0.125%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7346	+0.016%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7350	+0.071%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7341	−0.048%	$367K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0114%	4h	0.7328	−0.222%	$212K	$2.0M	10x	as long as short
01 Exchange ASTERUSD	+0.0120%	1h	0.7344	−0.011%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0165%	1h	0.7350	+0.069%	$25.5M	$6.5M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0281%	1h	0.7349	+0.060%	$338K	$489K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7335	−0.135%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7346	+0.016%	$3.5M	$1.9M	75x	as long as short