Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h +0.001%

Price spread now: Extended against edgeX+0.030%53s7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as 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−$250.250% of the position

Long on edgeX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 4 days (all we have)+0.095%+$10 · spread now +0.030%, 7d avg +0.044%

Together, before fees+0.019%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 53 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	0.7441	0.0117	pay 0.0058% / 4h	10m 39s	$215K	$1.9M	10x
Short	Extended ASTER-USD	0.7444	0.0104	get 0.0013% / 1h	10m 39s	$374K	$641K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$2.64
Price spread: +0.030% → +0.044%: −$1.4
Slippage, 4 orders: −$11
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$29.04
Costs to cover: 0.250%
Break-even: never at this rate

Slippage from edgeX: live order book, 3 min ago; Extended: live order book, 2 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, 3 min ago	2.02 bp	6.5 bp −$7	12.1 bp −$121	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	3.29 bp	5.8 bp −$6	8.8 bp −$88	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-INTX	−0.0136%	1h	0.7447	+0.069%	$260K	$855K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7441	−0.006%	$56.6M	$100.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7439	−0.032%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7435	−0.085%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7435	−0.088%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7437	−0.060%	$336K	$486K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.690%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7446	+0.065%	$922K	$884K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7439	−0.031%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7443	+0.029%	$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	+0.020%	$255K	$104K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7442	+0.009%	$91.2M	$107.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7443	+0.022%	$49.8M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7444	+0.036%	$12.0M	$19.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7440	−0.018%	$6.3M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7444	+0.036%	$35.1M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7444	+0.036%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7445	+0.049%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7445	+0.049%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7433	−0.113%	$218K	$400K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7432	−0.120%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7443	+0.020%	$456K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7442	+0.009%	$66K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7443	+0.022%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7433	−0.112%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7440	−0.018%	$243K	$119K	20x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7444	+0.030%	$374K	$641K	25x
edgeX ASTERUSDClong	+0.0117%	4h	0.7441	long leg	$215K	$1.9M	10x
01 Exchange ASTERUSD	+0.0144%	1h	0.7449	+0.103%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7434	−0.100%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0332%	1h	0.7447	+0.073%	$25.9M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7440	−0.018%	$3.5M	$1.9M	75x	as long as short