Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%

Price spread now: BingX against Gate−0.055%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$530.532% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 7 days+0.047%+$5 · spread now −0.055%, 7d avg −0.013%

Together, before fees+0.128%+$13 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 0.041% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ASTER_USDT	0.7329	0.0100	pay 0.0050% / 4h	57m 32s	$6.4M	$5.3M	75x
Short	BingX ASTER-USDT	0.7325	0.0100	get 0.0050% / 4h	57m 32s	—	$9.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → −0.013%: −$4.14
Slippage, 4 orders: −$28.22
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$57.36
Costs to cover: 0.532%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; BingX: live order book, 11 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 Gate live order book, 1 min ago	0.68 bp	16.3 bp −$16	46.6 bp −$466	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	1.37 bp	11.6 bp −$12	14.3 bp −$143	22.6 bp −$2,256	82.4 bp −$41.2K

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	−0.0072%	1h	0.7340	+0.154%	$277K	$886K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0036%	1h	0.7336	+0.094%	$11K	$71K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7328	−0.007%	$54.5M	$102.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7324	−0.071%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7339	+0.130%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.832%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0078%	4h	0.7337	+0.109%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7329	−0.001%	$893K	$909K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7326	−0.047%	$367K	$249K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7333	+0.053%	$25.4M	$6.5M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7328	−0.014%	$254K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7328	−0.007%	$90.1M	$111.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7328	−0.014%	$48.7M	$22.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7332	+0.041%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDTlong	+0.0100%	4h	0.7329	long leg	$6.4M	$5.3M	75x
MEXC ASTER_USDT	+0.0100%	4h	0.7324	−0.068%	$33.9M	$18.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7324	−0.067%	$10.8M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7327	−0.027%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDTshort	+0.0100%	4h	0.7325	−0.055%	—	$9.6M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7334	+0.067%	$218K	$487K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7321	−0.109%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7331	+0.028%	$449K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7322	−0.096%	$84K	$722K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7356	+0.368%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7335	+0.082%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7350	+0.287%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7323	−0.078%	$365K	$638K	25x	as long as short
01 Exchange ASTERUSD	+0.0104%	1h	0.7326	−0.041%	$8K	$4K	10x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7318	−0.145%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0281%	1h	0.7337	+0.111%	$337K	$489K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7336	+0.097%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7338	+0.123%	$3.5M	$1.9M	75x	as long as short