Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h −0.026%

Price spread now: Injective against edgeX+0.687%7-day average −0.039% · you sell dearer than you buy

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

Long on edgeX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.095%−$10 on $10k

Price spread, last 3 days (all we have)−2.560%−$256 · spread now +0.687%, 7d avg −0.039%

Together, before fees−2.655%+ Points / potential airdropedgeX: Active · farm board−$266 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Injective is 0.725% dearer against edgeX than usual: you sell high and buy low (spread +0.687% now, against its 7-day average of −0.039%): +$73 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ASTERUSDC	0.7340	0.0120	pay 0.0060% / 4h	2h 32m	$212K	$2.0M	10x
Short	Injective ASTER/USDC PERP	0.7390	0.0033	get 0.0004% / 1h	32m 32s	$9	$133K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now +0.687%Rate

Funding earned: −$18.17
Price spread: +0.687% → −0.039%: $72.54
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $45.35
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: edgeX: live order book, 1 min ago; Injective: no order-book sample. 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 edgeX live order book, 1 min ago	2.04 bp	6.5 bp −$7	11.6 bp −$116	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	0.7330	−0.124%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7364	+0.329%	$55.3M	$101.5M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7350	+0.138%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7349	+0.122%	$24K	—	150x	as long as short
Injective ASTER/USDC PERPshort	+0.0033%	1h	0.7390	+0.687%	$9	$133K	5.5x
01 Exchange ASTERUSD	+0.0056%	1h	0.7370	+0.414%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7350	+0.142%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7366	+0.364%	$894K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7371	+0.433%	$367K	$255K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7368	+0.384%	$252K	$71K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7367	+0.378%	$90.2M	$110.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7365	+0.346%	$49.2M	$22.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7373	+0.455%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7360	+0.278%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7364	+0.332%	$34.6M	$17.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7365	+0.346%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7371	+0.428%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7366	+0.360%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7349	+0.127%	$221K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7345	+0.079%	$2.1M	$378K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7343	+0.048%	$452K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7342	+0.033%	$65K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7349	+0.128%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7350	+0.142%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7354	+0.196%	$244K	$116K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7363	+0.318%	$367K	$640K	25x	as long as short
Hyperliquid ASTER	+0.0112%	1h	0.7376	+0.500%	$25.5M	$6.6M	5x	as long as short
edgeX ASTERUSDClong	+0.0120%	4h	0.7340	long leg	$212K	$2.0M	10x
dYdX ASTER-USD	+0.0172%	1h	0.7368	+0.385%	$15K	$1K	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7351	+0.153%	$338K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7349	+0.125%	$28K	—	100x	as long as short