Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.045%

Price spread now: SunX against Deribit−0.052%7-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 SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.338%+$34 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. SunX is 0.052% cheaper against Deribit than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 41 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ASTER_USDC-PERPETUAL	0.7358	0	get 0.0000% / 1h	7m 33s	$11K	$86K	25x
Short	SunX ASTER-USDT	0.7354	0.0100	get 0.0050% / 4h	2h 07m	$2K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.052%Rate

Funding earned: $21
Price spread: −0.052% → 0.000%: −$5.16
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: $0.84
Costs to cover: 0.150%
Break-even: 6.7 days

Slippage unknown: Deribit: no order-book sample; SunX: 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 SunX live order book, 8 min ago	29.89 bp	123.9 bp −$124	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 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	0.7342	−0.212%	$266K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7356	−0.024%	$55.0M	$101.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7358	long leg	$11K	$86K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7359	+0.023%	$34K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.438%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7358	+0.003%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	+0.0089%	1h	0.7359	+0.013%	$15K	$1K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0095%	4h	0.7351	−0.092%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7361	+0.039%	$894K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7355	−0.038%	$367K	$255K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7365	+0.098%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7357	−0.011%	$256K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7357	−0.005%	$90.2M	$110.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7354	−0.052%	$49.2M	$22.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7357	−0.011%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7355	−0.038%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7355	−0.038%	$33.6M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7357	−0.015%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7355	−0.038%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7354	−0.052%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7360	+0.030%	$220K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7350	−0.103%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7349	−0.121%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7351	−0.092%	$66K	$713K	50x	as long as short
SunX ASTER-USDTshort	+0.0100%	4h	0.7354	−0.052%	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7357	−0.011%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7344	−0.188%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7353	−0.067%	$367K	$639K	25x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7350	−0.111%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7361	+0.038%	$340K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7357	−0.007%	$28K	—	100x	as long as short