Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0189%/8h= −20.7% APRpaid last 24h −0.082%

Price spread now: Coinbase International against edgeX+0.146%77s7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$400.404% of the position

Long on edgeX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.289%−$29 on $10k

Price spread, last 4 days (all we have)−0.325%−$33 · spread now +0.146%, 7d avg −0.015%

Together, before fees−0.614%+ Points / potential airdropedgeX: Active · farm board−$61 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.160% dearer against edgeX than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of −0.015%): +$16 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.8 days. The two prices were read 77 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	edgeX ASTERUSDC	0.7349	0.0101	pay 0.0050% / 4h	1h 44m	$212K	$2.0M	10x
Short	Coinbase International ASTER-PERP-INTX	0.7359	−0.0088	pay 0.0011% / 1h	44m 17s	$272K	$880K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against edgeX. 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 edgeXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.146%Rate

Funding earned: −$39.61
Price spread: +0.146% → −0.015%: $16.03
Slippage, 4 orders: −$21.43
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$64.01
Costs to cover: 0.404%
Break-even: never at this rate

Slippage from edgeX: live order book, 5 min ago; Coinbase International: live order book, 19 min ago.

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 edgeX live order book, 5 min ago	2.04 bp	6.5 bp −$7	12.1 bp −$121	doesn't fit	doesn't fit
Sell Coinbase International live order book, 19 min ago	4.41 bp	14.1 bp −$14	19.0 bp −$190	doesn't fit	doesn't fit

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-INTXshort	−0.0088%	1h	0.7359	+0.146%	$272K	$880K	50x
Deribit ASTER_USDC-PERPETUAL	−0.0049%	1h	0.7354	+0.069%	$11K	$86K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7350	+0.020%	$54.8M	$101.4M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7356	+0.097%	$15K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7354	+0.070%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0008%	1h	0.7349	+0.007%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.565%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0090%	4h	0.7355	+0.088%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7357	+0.112%	$892K	$900K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7356	+0.109%	$368K	$255K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7359	+0.146%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7357	+0.119%	$256K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7351	+0.034%	$90.4M	$109.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7354	+0.075%	$49.1M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7357	+0.116%	$12.1M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7352	+0.048%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7353	+0.061%	$33.8M	$17.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7354	+0.071%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7356	+0.102%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7353	+0.061%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7360	+0.161%	$218K	$481K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7348	−0.011%	$2.1M	$371K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7350	+0.020%	$454K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7356	+0.102%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7360	+0.156%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7352	+0.048%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7356	+0.102%	$244K	$117K	20x	as long as short
edgeX ASTERUSDClong	+0.0101%	4h	0.7349	long leg	$212K	$2.0M	10x
Extended ASTER-USD	+0.0104%	1h	0.7352	+0.048%	$367K	$639K	25x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7357	+0.109%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7352	+0.054%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7357	+0.116%	$3.5M	$1.9M	75x	as long as short