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 +0.039%

Price spread now: KuCoin against Deribit+0.059%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 KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.223%+$22 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 KuCoin is 0.059% dearer against Deribit than usual: you sell high and buy low: +$6 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	0.7307	0	get 0.0000% / 1h	50m 40s	$11K	$71K	25x
Short	KuCoin ASTERUSDTM	0.7311	0.0100	get 0.0050% / 4h	50m 40s	$10.8M	$3.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.059%Rate

Funding earned: $21
Price spread: +0.059% → 0.000%: $5.88
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $7.88
Costs to cover: 0.190%
Break-even: 4.4 days

Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago	4.77 bp	20.2 bp −$20	50.1 bp −$501	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	−0.0072%	1h	0.7328	+0.285%	$277K	$884K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7312	+0.070%	$54.4M	$102.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7313	+0.082%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7307	long leg	$11K	$71K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7308	+0.018%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.139%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0077%	4h	0.7308	+0.016%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7312	+0.078%	$891K	$909K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7306	−0.004%	$366K	$249K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7311	+0.055%	$254K	$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 ASTERUSDT	+0.0100%	4h	0.7306	−0.014%	$90.0M	$111.4M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7303	−0.052%	$48.5M	$23.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7307	+0.003%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7308	+0.016%	$6.3M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7311	+0.057%	$33.6M	$18.1M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7311	+0.059%	$10.8M	$3.2M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7310	+0.044%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7306	−0.011%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7311	+0.060%	$214K	$486K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7305	−0.028%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7337	+0.413%	$449K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7340	+0.454%	$84K	$722K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7316	+0.126%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7307	+0.003%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7313	+0.085%	$242K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7306	−0.008%	$365K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7336	+0.406%	$213K	$2.0M	10x	as long as short
01 Exchange ASTERUSD	+0.0112%	1h	0.7307	+0.003%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0170%	1h	0.7323	+0.226%	$25.4M	$6.5M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0282%	1h	0.7313	+0.079%	$336K	$492K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7306	−0.009%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7313	+0.085%	$3.5M	$1.8M	75x	as long as short