Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%

Price spread now: BingX against Extended+0.027%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$260.264% of the position

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 4 days (all we have)−0.421%−$42 · spread now +0.027%, 7d avg −0.018%

Together, before fees−0.321%+ Points / potential airdropExtended: Active · farm board−$32 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: BingX is 0.045% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7313	0.0104	pay 0.0013% / 1h	5m 16s	$365K	$652K	25x
Short	BingX ASTER-USDT	0.7315	0.0100	get 0.0050% / 4h	3h 05m	—	$10.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$0.84
Price spread: +0.027% → −0.018%: $4.45
Slippage, 4 orders: −$11.4
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$22.79
Costs to cover: 0.264%
Break-even: never at this rate

Slippage from Extended: live order book, 27 min ago; BingX: 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, 27 min ago	2.95 bp	5.5 bp −$5	8.4 bp −$84	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	2.05 bp	7.1 bp −$7	11.3 bp −$113	46.4 bp −$4,638	165.4 bp −$82.7K

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
Aster ASTERUSDT	0.0000%	4h	0.7313	−0.006%	$51.1M	$110.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7320	+0.092%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7312	−0.012%	$11K	$55K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7322	+0.127%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7320	+0.092%	$254K	$1.3M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.052%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7322	+0.122%	$6K	$7K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0079%	4h	0.7310	−0.042%	$13K	$1K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0095%	1h	0.7317	+0.059%	$336K	$601K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7318	+0.071%	$888K	$921K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7315	+0.027%	$346K	$271K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7322	+0.117%	$257K	$111K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7313	−0.007%	$92.4M	$127.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7313	−0.001%	$49.7M	$26.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7314	+0.013%	$12.4M	$22.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7312	−0.014%	$6.3M	$5.8M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7312	−0.014%	$35.0M	$21.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7315	+0.023%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7313	−0.001%	$17.9M	$8.4M	50x	as long as short
BingX ASTER-USDTshort	+0.0100%	4h	0.7315	+0.027%	—	$10.0M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7319	+0.079%	$212K	$466K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7317	+0.058%	$2.1M	$427K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7321	+0.107%	$453K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7316	+0.040%	$112K	$727K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7322	+0.122%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7314	+0.013%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7320	+0.095%	$245K	$164K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7313	long leg	$365K	$652K	25x
edgeX ASTERUSDC	+0.0113%	4h	0.7316	+0.036%	$213K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0121%	1h	0.7321	+0.105%	$25.1M	$7.5M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7321	+0.110%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7316	+0.040%	$3.6M	$2.0M	75x	as long as short