Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.049%

Price spread now: edgeX against Deribit−0.383%75s7-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 edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.298%+$30 on $10k

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.383% cheaper against Deribit than usual: you would sell low and buy high (spread −0.383% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 11 days of funding at the current rate (+$4 a day). The two prices were read 75 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	0.7368	0	get 0.0000% / 1h	31m 44s	$11K	$86K	25x
Short	edgeX ASTERUSDC	0.7340	0.0120	get 0.0060% / 4h	2h 31m	$212K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.383%Rate

Funding earned: $25.17
Price spread: −0.383% → 0.000%: −$38.28
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$29.11
Costs to cover: 0.160%
Break-even: 15.1 days

Slippage unknown: Deribit: no order-book sample; edgeX: live order book, 2 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 edgeX live order book, 2 min ago	2.04 bp	6.5 bp −$7	12.4 bp −$124	doesn't fit	doesn't fit

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 31 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	−0.0080%	1h	0.7330	−0.506%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7363	−0.061%	$55.2M	$101.4M	200x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7368	long leg	$11K	$86K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7368	+0.005%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.301%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0056%	1h	0.7370	+0.030%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7368	+0.003%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7363	−0.062%	$894K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7371	+0.049%	$367K	$255K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7368	0.000%	$252K	$71K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7360	−0.112%	$90.1M	$110.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7355	−0.174%	$49.2M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7364	−0.052%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7367	−0.011%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7363	−0.065%	$34.6M	$17.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7368	+0.001%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7365	−0.038%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7361	−0.092%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7366	−0.022%	$221K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7345	−0.305%	$2.1M	$378K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7343	−0.335%	$452K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7342	−0.350%	$65K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7366	−0.024%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7365	−0.038%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7367	−0.011%	$244K	$116K	20x	as long as short
Hyperliquid ASTER	+0.0103%	1h	0.7369	+0.019%	$25.5M	$6.6M	5x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7363	−0.071%	$367K	$640K	25x	as long as short
edgeX ASTERUSDCshort	+0.0120%	4h	0.7340	−0.383%	$212K	$2.0M	10x
dYdX ASTER-USD	+0.0172%	1h	0.7368	0.000%	$15K	$1K	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7369	+0.014%	$339K	$488K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7364	−0.047%	$28K	—	100x	as long as short