Settings8H · net · $10k
Funding arb · Price arb /

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: Backpack against Extended+0.010%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$240.236% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.010%, 7d avg +0.032%
Together, before fees−0.136%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.022% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ASTER-USD0.72390.0096pay 0.0012% / 1h6m 10s$363K$635K25x
ShortBackpack ASTER_USDC_PERP0.72400.0100get 0.0013% / 1h6m 10s$209K$495K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Extended. 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

Funding earned
$0.84
Price spread: +0.010% → +0.032%
−$2.16
Slippage, 4 orders
−$8.56
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$24.87
Costs to cover
0.236%
Break-even
214.3 days
Slippage from Extended: live order book, 52 min ago; Backpack: live order book, 53 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 52 min ago2.59 bp5.1 bp −$58.2 bp −$82doesn't fitdoesn't fit
Sell Backpack live order book, 53 min ago0.07 bp5.5 bp −$5doesn't fitdoesn't fitdoesn't fit

ASTER on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ASTER_USDC-PERPETUAL−0.0151%1h0.7238−0.019%$11K$72K25xas long as short
Coinbase International ASTER-PERP-INTX−0.0072%1h0.7242+0.039%$255K$1.0M50xas long as short
01 Exchange ASTERUSD−0.0016%1h0.7240+0.014%$8K$4K10xas long as short
Aster ASTERUSDT0.0000%4h0.7241+0.022%$52.6M$110.6M200xas long as short
dYdX ASTER-USD0.0000%1h0.7249+0.133%$14K$1K5xas long as short
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0005%1h0.7240+0.018%$23K150xas long as short
Injective ASTER/USDC PERP+0.0033%1h0.7390+2.087%$9$133K5.5xas long as short
Orderly PERP_ASTER_USDC+0.0064%4h0.7239+0.001%$13K$84510xas long as short
Lighter ASTER+0.0096%1h0.7242+0.037%$876K$922K5xas long as short
Extended ASTER-USDlong+0.0096%1h0.7239long leg$363K$635K25x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ASTER-PERP+0.0100%1h0.7246+0.097%$353K$272K5xas long as short
Hyperliquid ASTER+0.0100%1h0.7241+0.031%$24.6M$7.7M5xas long as short
Pacifica ASTER+0.0100%1h0.7248+0.128%$252K$81K10xas long as short
Binance ASTERUSDT+0.0100%4h0.7235−0.055%$88.8M$120.4M75xas long as short
Bybit ASTERUSDT+0.0100%4h0.7235−0.055%$48.5M$25.1M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7237−0.027%$12.2M$19.7M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7242+0.042%$6.3M$5.7M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7236−0.041%$33.3M$20.0M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7242+0.037%$10.8M$3.3M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7233−0.082%$17.7M$7.6M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7236−0.041%$9.9Mas long as short
Backpack ASTER_USDC_PERPshort+0.0100%1h0.7240+0.010%$209K$495K10x
Variational Omni ASTER+0.0100%4h0.7237−0.024%$2.0M$401Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7259+0.277%$445K$4.0M10xas long as short
ApeX Omni ASTERUSDT+0.0100%1h0.7263+0.332%$98K$732K50xas long as short
SunX ASTER-USDT+0.0100%4h0.7246+0.097%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7239+0.001%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.7244+0.070%$241K$141K20xas long as short
edgeX ASTERUSDC+0.0112%4h0.7256+0.229%$211K$2.1M10xas long as short
Kraken Futures PF_ASTERUSD+0.0285%1h0.7243+0.060%$342K$590K20xas long as short
GMX ASTER/USD [WBTC.b-USDC]L +0.0303% / S −0.0215%1h0.7241+0.033%$27K100xas long as short
BloFin ASTER-USDT+0.0340%4h0.7250+0.153%$3.5M$2.1M75xas long as short