Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%

Price spread now: SunX against Extended+0.052%7-day average +0.119% · you sell dearer than you buy

Net, funding: paid 7d − costs−$232as in the Funding arb table

Net, price: spread back to 7d avg − costs−$251as in the Price arb table

costs, in and out, $10k−$2442.443% of the position

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.126%+$13 on $10k

Price spread, last 3 days (all we have)−0.044%−$4 · spread now +0.052%, 7d avg +0.119%

Together, before fees+0.082%+ Points / potential airdropExtended: Active · farm board+$8 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: SunX is 0.067% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.119%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7414	0.0104	pay 0.0013% / 1h	58m 23s	$379K	$635K	25x
Short	SunX ASTER-USDT	0.7418	0.0100	get 0.0050% / 4h	2h 58m	$2K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$0.84
Price spread: +0.052% → +0.119%: −$6.71
Slippage, 4 orders: −$231.31
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$251.86
Costs to cover: 2.443%
Break-even: never at this rate

Slippage from Extended: live order book, 29 min ago; SunX: live order book, 7 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, 29 min ago	3.51 bp	6.0 bp −$6	8.4 bp −$84	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	30.32 bp	124.3 bp −$124	doesn't fit	doesn't fit	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	−0.0160%	1h	0.7412	−0.031%	$254K	$839K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.501%	$9	$54K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7417	+0.038%	$57.1M	$100.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7421	+0.092%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7412	−0.032%	$11K	$118K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7413	−0.011%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7418	+0.054%	$896K	$810K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7417	+0.035%	$368K	$280K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7417	+0.037%	$254K	$109K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7413	−0.014%	$91.0M	$106.3M	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	0.7414	−0.002%	$49.2M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7413	−0.016%	$11.9M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7419	+0.065%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7414	−0.002%	$33.9M	$16.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7418	+0.056%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7416	+0.025%	$18.1M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7413	−0.016%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7418	+0.053%	$281K	$297K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7430	+0.208%	$2.0M	$339K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7421	+0.097%	$465K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7421	+0.092%	$66K	$715K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7419	+0.065%	$14K	$845	10x	as long as short
SunX ASTER-USDTshort	+0.0100%	4h	0.7418	+0.052%	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7411	−0.043%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7417	+0.038%	$242K	$118K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7414	long leg	$379K	$635K	25x
edgeX ASTERUSDC	+0.0110%	4h	0.7421	+0.087%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0120%	1h	0.7414	−0.002%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7416	+0.019%	$288K	$418K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7413	−0.010%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7412	−0.029%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0376%	1h	0.7421	+0.091%	$26.0M	$6.9M	5x	as long as short