Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0047%/8h= +5.1% APRpaid last 24h −0.077%

Price spread now: Kraken Futures against Gate+0.048%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$660.660% of the position

Long on Gate Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.603%−$60 on $10k

Price spread, last 3 days (all we have)−0.106%−$11 · spread now +0.048%, 7d avg −0.001%

Together, before fees−0.709%−$71 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.049% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.603%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ASTER_USDT	0.7402	0.0100	pay 0.0050% / 4h	1h 55m	$6.3M	$5.0M	75x
Short	Kraken Futures PF_ASTERUSD	0.7406	0.0147	get 0.0018% / 1h	55m 13s	$285K	$420K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.048%Rate

Funding earned: $9.83
Price spread: +0.048% → −0.001%: $4.94
Slippage, 4 orders: −$41.02
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$51.25
Costs to cover: 0.660%
Break-even: 43.5 days

Slippage from Gate: live order book, 3 min ago; Kraken Futures: live order book, 28 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, 3 min ago	2.03 bp	17.0 bp −$17	43.0 bp −$430	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 28 min ago	8.73 bp	18.0 bp −$18	33.7 bp −$337	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	−0.0136%	1h	0.7390	−0.168%	$251K	$827K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0047%	1h	0.7403	+0.011%	$11K	$87K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7402	+0.003%	$56.6M	$99.9M	200x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7403	+0.011%	$30K	—	150x	as long as short
dYdX ASTER-USD	+0.0018%	1h	0.7397	−0.064%	$13K	$61	5x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.108%	$9	$96K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7406	+0.059%	$911K	$849K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7397	−0.072%	$370K	$277K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7399	−0.040%	$254K	$108K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7402	+0.002%	$90.6M	$107.0M	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	0.7404	+0.027%	$49.6M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7403	+0.014%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDTlong	+0.0100%	4h	0.7402	long leg	$6.3M	$5.0M	75x
MEXC ASTER_USDT	+0.0100%	4h	0.7404	+0.027%	$33.9M	$16.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7402	+0.001%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7406	+0.054%	$18.2M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7401	−0.014%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7405	+0.034%	$265K	$322K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7395	−0.096%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7380	−0.295%	$463K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7386	−0.216%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7407	+0.068%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7405	+0.041%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7401	−0.014%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7402	0.000%	$242K	$118K	20x	as long as short
edgeX ASTERUSDC	+0.0100%	4h	0.7387	−0.200%	$213K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7401	−0.012%	$376K	$635K	25x	as long as short
Kraken Futures PF_ASTERUSDshort	+0.0147%	1h	0.7406	+0.048%	$285K	$420K	20x
01 Exchange ASTERUSD	+0.0152%	1h	0.7404	+0.027%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0250%	1h	0.7410	+0.112%	$25.8M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7403	+0.007%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7399	−0.041%	$3.5M	$1.8M	75x	as long as short