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 −0.010%

Price spread now: HTX against dYdX+0.073%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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 HTX is 0.073% dearer against dYdX than usual: you sell high and buy low: +$7 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	dYdX ASTER-USD	0.7228	0	get 0.0000% / 1h	47m 43s	$14K	$1K	5x
Short	HTX ASTER-USDT	0.7233	0.0100	get 0.0050% / 4h	47m 43s	$240K	$126K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against dYdX. 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 dYdXbpFee HTXbpOrdersPrice spread, now +0.073%Rate

Funding earned: $21
Price spread: +0.073% → 0.000%: $7.29
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $6.29
Costs to cover: 0.220%
Break-even: 4.9 days

Slippage unknown: dYdX: no order-book sample; HTX: live order book, 9 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 dYdX no order-book sample	—	—	—	—	—
Sell HTX live order book, 9 min ago	6.12 bp	14.5 bp −$15	doesn't fit	doesn't fit	doesn't fit

dYdX: 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	0.7235	+0.101%	$283K	$924K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0054%	1h	0.7241	+0.188%	$11K	$71K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7224	−0.052%	$53.6M	$106.5M	200x	as long as short
dYdX ASTER-USDlong	0.0000%	1h	0.7228	long leg	$14K	$1K	5x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0003%	1h	0.7242	+0.198%	$28K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.245%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0076%	4h	0.7240	+0.170%	$13K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7232	+0.056%	$874K	$919K	5x	as long as short
01 Exchange ASTERUSD	+0.0096%	1h	0.7231	+0.045%	$8K	$4K	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7234	+0.085%	$364K	$259K	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	0.7230	+0.037%	$251K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7228	+0.004%	$89.0M	$114.4M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7225	−0.038%	$48.3M	$24.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7233	+0.073%	$12.1M	$19.1M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7228	+0.004%	$6.3M	$5.4M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7226	−0.024%	$32.8M	$18.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7226	−0.018%	$10.6M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7230	+0.031%	$17.7M	$7.1M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7226	−0.024%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7229	+0.023%	$211K	$490K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7305	+1.065%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7337	+1.512%	$449K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7310	+1.138%	$84K	$722K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7247	+0.267%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7239	+0.156%	$13K	$8K	5x	as long as short
HTX ASTER-USDTshort	+0.0100%	4h	0.7233	+0.073%	$240K	$126K	20x
Extended ASTER-USD	+0.0104%	1h	0.7228	+0.011%	$361K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7336	+1.504%	$213K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0137%	1h	0.7237	+0.128%	$25.0M	$6.7M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0285%	1h	0.7245	+0.233%	$351K	$534K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7242	+0.204%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7286	+0.806%	$3.5M	$1.8M	75x	as long as short