Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.047%

Price spread now: HTX against Deribit+0.004%7-day average +0.014% · you sell dearer than you buy

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

Long on Deribit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.346%+$35 on $10k

Price spread, last 3 days (all we have)−0.014%−$1 · spread now +0.004%, 7d avg +0.014%

Together, before fees+0.332%+$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ASTER_USDC-PERPETUAL	0.7445	0	get 0.0000% / 1h	3m 51s	$11K	$86K	25x
Short	HTX ASTER-USDT	0.7445	0.0100	get 0.0050% / 4h	3m 51s	$243K	$119K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.004%Rate

Funding earned: $21
Price spread: +0.004% → +0.014%: −$1
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: $1
Costs to cover: 0.190%
Break-even: 6.7 days

Slippage unknown: Deribit: no order-book sample; HTX: live order book, 8 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 HTX live order book, 8 min ago	6.05 bp	57.1 bp −$57	doesn't fit	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 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	−0.0136%	1h	0.7431	−0.177%	$264K	$864K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7445	+0.007%	$56.7M	$100.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7441	−0.050%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7445	long leg	$11K	$86K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7445	+0.003%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7452	+0.102%	$338K	$492K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.735%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7449	+0.054%	$923K	$885K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7447	+0.031%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7441	−0.053%	$372K	$267K	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	0.7443	−0.021%	$255K	$104K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7443	−0.023%	$91.3M	$107.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7442	−0.036%	$49.8M	$22.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7445	+0.004%	$12.0M	$19.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7445	+0.004%	$6.3M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7441	−0.050%	$35.3M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7444	−0.013%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7441	−0.050%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7444	−0.009%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7443	−0.020%	$216K	$401K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7430	−0.191%	$2.1M	$371K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7440	−0.058%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7435	−0.130%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7454	+0.125%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7444	−0.009%	$13K	$8K	5x	as long as short
HTX ASTER-USDTshort	+0.0100%	4h	0.7445	+0.004%	$243K	$119K	20x
Extended ASTER-USD	+0.0104%	1h	0.7444	−0.014%	$374K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0117%	4h	0.7437	−0.098%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7449	+0.058%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7444	−0.005%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0331%	1h	0.7452	+0.097%	$25.9M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7432	−0.171%	$3.5M	$1.9M	75x	as long as short