Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Extended+0.016%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$280.278% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.016%, 7d avg +0.001%

Together, before fees+0.056%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7353	0.0104	pay 0.0013% / 1h	20m 25s	$367K	$638K	25x
Short	Binance ASTERUSDT	0.7354	0.0100	get 0.0050% / 4h	1h 20m	$90.4M	$110.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee ExtendedbpFee BinancebpOrdersPrice spread, now +0.016%Rate

Funding earned: −$0.84
Price spread: +0.016% → +0.001%: $1.51
Slippage, 4 orders: −$12.84
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$27.17
Costs to cover: 0.278%
Break-even: never at this rate

Slippage from Extended: live order book, 42 min ago; Binance: live order book, 8 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 Extended live order book, 42 min ago	1.90 bp	7.1 bp −$7	10.2 bp −$102	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.68 bp	6.9 bp −$7	16.2 bp −$162	52.0 bp −$5,200	240.5 bp −$120.3K

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	−0.0088%	1h	0.7357	+0.055%	$271K	$880K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7357	+0.057%	$54.7M	$101.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7358	+0.060%	$15K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7357	+0.047%	$11K	$71K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7357	+0.056%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0008%	1h	0.7355	+0.026%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.501%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0084%	4h	0.7356	+0.039%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7360	+0.098%	$897K	$907K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7355	+0.032%	$368K	$250K	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	0.7364	+0.152%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7359	+0.080%	$256K	$72K	10x	as long as short
Binance ASTERUSDTshort	+0.0100%	4h	0.7354	+0.016%	$90.4M	$110.1M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7359	+0.080%	$49.0M	$22.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7358	+0.066%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7358	+0.066%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7355	+0.026%	$33.8M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7357	+0.057%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7354	+0.012%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7354	+0.012%	—	$9.5M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7359	+0.083%	$218K	$481K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7357	+0.055%	$2.1M	$370K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7341	−0.163%	$458K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7347	−0.083%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7366	+0.175%	$2K	$1.6M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7355	+0.026%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7357	+0.053%	$244K	$117K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7353	long leg	$367K	$638K	25x
edgeX ASTERUSDC	+0.0112%	4h	0.7332	−0.280%	$211K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7359	+0.081%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7355	+0.019%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7355	+0.026%	$3.5M	$1.9M	75x	as long as short