Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.044%

Price spread now: BingX against Deribit+0.022%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.322%+$32 on $10k

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 +$3 a day on $10k at the current rate, and BingX is 0.022% dearer against Deribit than usual: you sell high and buy low: +$2 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	Deribit ASTER_USDC-PERPETUAL	0.7343	0	get 0.0000% / 1h	8m 00s	$11K	$72K	25x
Short	BingX ASTER-USDT	0.7345	0.0100	get 0.0050% / 4h	1h 08m	—	$9.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.022%Rate

Funding earned: $21
Price spread: +0.022% → 0.000%: $2.18
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee BingX: 5 bp × 2 orders: −$10
Net: $6.18
Costs to cover: 0.170%
Break-even: 4.9 days

Slippage unknown: Deribit: no order-book sample; BingX: live order book, 15 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 BingX live order book, 15 min ago	2.05 bp	9.1 bp −$9	13.9 bp −$139	42.1 bp −$4,209	181.5 bp −$90.7K

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	−0.0024%	1h	0.7338	−0.071%	$254K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7343	−0.005%	$52.2M	$116.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7335	−0.120%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7343	long leg	$11K	$72K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7342	−0.019%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.635%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0042%	1h	0.7349	+0.075%	$341K	$671K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0074%	4h	0.7347	+0.049%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7347	+0.052%	$890K	$956K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7338	−0.074%	$347K	$298K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7341	−0.033%	$258K	$114K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7344	+0.012%	$92.9M	$132.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7346	+0.035%	$49.6M	$26.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7345	+0.022%	$12.5M	$22.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7342	−0.019%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7345	+0.022%	$35.2M	$20.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7345	+0.020%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7343	−0.005%	$18.0M	$8.7M	50x	as long as short
BingX ASTER-USDTshort	+0.0100%	4h	0.7345	+0.022%	—	$9.9M	—
Variational Omni ASTER	+0.0100%	4h	0.7335	−0.119%	$2.1M	$393K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7337	−0.092%	$451K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7338	−0.074%	$100K	$740K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7354	+0.144%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7343	−0.005%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7338	−0.074%	$245K	$202K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7343	−0.008%	$367K	$651K	25x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7338	−0.078%	$214K	$2.2M	10x	as long as short
Backpack ASTER_USDC_PERP	+0.0166%	1h	0.7348	+0.064%	$210K	$493K	10x	as long as short
01 Exchange ASTERUSD	+0.0168%	1h	0.7342	−0.019%	$6K	$7K	10x	as long as short
Hyperliquid ASTER	+0.0258%	1h	0.7352	+0.124%	$25.1M	$8.2M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7342	−0.015%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7338	−0.074%	$3.6M	$2.1M	75x	as long as short