Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.061%

Price spread now: BloFin against Extended−0.196%94s7-day average −0.001% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$340.338% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.502%+$50 on $10k

Price spread, last 3 days (all we have)+0.199%+$20 · spread now −0.196%, 7d avg −0.001%

Together, before fees+0.701%+ Points / potential airdropExtended: Active · farm board+$70 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.196% cheaper against Extended than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of −0.001%). If the spread goes back, that is −$20 on $10k: about 2.8 days of funding at the current rate (+$7 a day). The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7410	0.0104	pay 0.0013% / 1h	23m 27s	$376K	$635K	25x
Short	BloFin ASTER-USDT	0.7395	0.0340	get 0.0170% / 4h	1h 23m	$3.4M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.196%Rate

Funding earned: $49.56
Price spread: −0.196% → −0.001%: −$19.57
Slippage, 4 orders: −$16.81
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$3.82
Costs to cover: 0.338%
Break-even: 7.5 days

Slippage from Extended: live order book, 59 min ago; BloFin: live order book, 5 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, 59 min ago	2.62 bp	5.1 bp −$5	8.0 bp −$80	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	4.74 bp	11.7 bp −$12	16.0 bp −$160	35.8 bp −$3,581	doesn't fit

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	−0.0136%	1h	0.7393	−0.221%	$260K	$841K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7405	−0.066%	$56.6M	$99.9M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7405	−0.068%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7411	+0.015%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7390	−0.264%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0078%	1h	0.7402	−0.102%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7407	−0.033%	$914K	$872K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7412	+0.033%	$371K	$274K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7407	−0.031%	$254K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7409	−0.007%	$90.7M	$106.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7409	−0.007%	$49.5M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7409	−0.007%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7404	−0.075%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7416	+0.087%	$34.7M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7411	+0.014%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7415	+0.073%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7408	−0.021%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7407	−0.040%	$264K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7391	−0.256%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7400	−0.135%	$464K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7401	−0.115%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7402	−0.102%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7411	+0.020%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7406	−0.048%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7402	−0.102%	$242K	$119K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7410	long leg	$376K	$635K	25x
edgeX ASTERUSDC	+0.0111%	4h	0.7395	−0.192%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7413	+0.046%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7409	−0.004%	$281K	$429K	20x	as long as short
Hyperliquid ASTER	+0.0158%	1h	0.7417	+0.099%	$25.7M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7410	+0.004%	$28K	—	100x	as long as short
BloFin ASTER-USDTshort	+0.0340%	4h	0.7395	−0.196%	$3.4M	$1.9M	75x