Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h −0.082%

Price spread now: Kraken Futures against HTX−0.047%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$242as in the Funding arb table

Net, price: spread back to 7d avg − costs−$179as in the Price arb table

costs, in and out, $10k−$1741.736% of the position

Long on HTX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.688%−$69 on $10k

Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.047%, 7d avg +0.012%

Together, before fees−0.631%−$63 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Kraken Futures is 0.058% cheaper against HTX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.012%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ASTER-USDT	0.7451	0.0100	pay 0.0050% / 4h	3h 18m	$244K	$110K	20x
Short	Kraken Futures PF_ASTERUSD	0.7448	0.0076	get 0.0009% / 1h	18m 27s	$342K	$495K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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 HTXbpFee Kraken FuturesbpOrdersPrice spread, now −0.047%Rate

Funding earned: −$5.13
Price spread: −0.047% → +0.012%: −$5.81
Slippage, 4 orders: −$151.6
Fee HTX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$184.54
Costs to cover: 1.736%
Break-even: never at this rate

Slippage from HTX: live order book, 53 min ago; Kraken Futures: live order book, 54 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 HTX live order book, 53 min ago	6.05 bp	82.8 bp −$83	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 54 min ago	5.37 bp	16.9 bp −$17	30.6 bp −$306	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	−0.0080%	1h	0.7451	+0.007%	$266K	$854K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7440	−0.142%	$56.3M	$99.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7439	−0.168%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7457	+0.075%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7458	+0.099%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.819%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSDshort	+0.0076%	1h	0.7448	−0.047%	$342K	$495K	20x
01 Exchange ASTERUSD	+0.0088%	1h	0.7440	−0.148%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0095%	4h	0.7458	+0.094%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7448	−0.046%	$918K	$881K	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	0.7435	−0.208%	$372K	$254K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7445	−0.076%	$255K	$68K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7436	−0.201%	$91.4M	$107.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7437	−0.188%	$49.7M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7441	−0.134%	$12.1M	$18.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7444	−0.094%	$6.5M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7446	−0.067%	$36.1M	$16.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7444	−0.090%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7443	−0.107%	$18.3M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7439	−0.161%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7446	−0.066%	$221K	$444K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7451	+0.004%	$2.1M	$373K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7450	−0.013%	$468K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7454	+0.040%	$66K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7469	+0.242%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7445	−0.081%	$13K	$8K	5x	as long as short
HTX ASTER-USDTlong	+0.0100%	4h	0.7451	long leg	$244K	$110K	20x
edgeX ASTERUSDC	+0.0101%	4h	0.7451	−0.001%	$215K	$2.0M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7442	−0.122%	$373K	$641K	25x	as long as short
Hyperliquid ASTER	+0.0207%	1h	0.7450	−0.008%	$25.9M	$6.5M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7462	+0.141%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7444	−0.094%	$3.5M	$1.9M	75x	as long as short