Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h −0.080%

Price spread now: Kraken Futures against edgeX+0.049%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$460.464% of the position

Long on edgeX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.645%−$65 on $10k

Price spread, last 3 days (all we have)−0.052%−$5 · spread now +0.049%, 7d avg +0.046%

Together, before fees−0.697%+ Points / potential airdropedgeX: Active · farm board−$70 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.645%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ASTERUSDC	0.7357	0.0101	pay 0.0051% / 4h	2h 29m	$212K	$2.0M	10x
Short	Kraken Futures PF_ASTERUSD	0.7361	0.0228	get 0.0028% / 1h	29m 06s	$338K	$488K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.049%Rate

Funding earned: $26.58
Price spread: +0.049% → +0.046%: $0.36
Slippage, 4 orders: −$27.36
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$19.42
Costs to cover: 0.464%
Break-even: 12.1 days

Slippage from edgeX: live order book, 5 min ago; Kraken Futures: live order book, 39 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	11.6 bp −$116	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 39 min ago	7.36 bp	18.7 bp −$19	37.0 bp −$370	doesn't fit	doesn't fit

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	−0.361%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7364	+0.093%	$55.2M	$101.3M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7361	+0.054%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7367	+0.129%	$29K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.448%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0064%	1h	0.7376	+0.257%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7361	+0.054%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7365	+0.113%	$894K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7375	+0.244%	$367K	$255K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7371	+0.192%	$25.5M	$6.6M	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7379	+0.295%	$257K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7364	+0.094%	$90.2M	$110.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7363	+0.081%	$49.2M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7368	+0.149%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7362	+0.067%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7359	+0.026%	$34.6M	$17.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7361	+0.060%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7364	+0.094%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7365	+0.108%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7364	+0.093%	$221K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7358	+0.018%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7349	−0.111%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7357	−0.001%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7374	+0.230%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7357	−0.001%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7360	+0.040%	$244K	$117K	20x	as long as short
edgeX ASTERUSDClong	+0.0101%	4h	0.7357	long leg	$212K	$2.0M	10x
Extended ASTER-USD	+0.0104%	1h	0.7361	+0.054%	$367K	$640K	25x	as long as short
dYdX ASTER-USD	+0.0155%	1h	0.7374	+0.227%	$15K	$1K	5x	as long as short
Kraken Futures PF_ASTERUSDshort	+0.0228%	1h	0.7361	+0.049%	$338K	$488K	20x
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7364	+0.095%	$28K	—	100x	as long as short