Settings8H · net · $10k
Funding arb · Price arb /

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0085%/8h= −9.3% APRnext payment $0.11 per $10,000 · paid last 24h −0.064%
Price spread now: Extended against Hyperliquid−0.219%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$240.244% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.187%−$19 on $10k
Price spread, last 4 days (all we have)+0.143%+$14 · spread now −0.219%, 7d avg −0.098%
Together, before fees−0.043%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.121% cheaper against Hyperliquid than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.098%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ASTER0.73500.0189pay 0.0024% / 1h58m 20s$25.5M$6.5M5x
ShortExtended ASTER-USD0.73340.0104get 0.0013% / 1h58m 20s$365K$638K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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

Funding earned
−$17.81
Price spread: −0.219% → −0.098%
−$12.07
Slippage, 4 orders
−$10.45
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$54.33
Costs to cover
0.244%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Extended: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 5 min ago0.68 bp6.3 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 64 min ago1.90 bp4.4 bp −$46.6 bp −$66doesn't fitdoesn't fit

ASTER on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ASTER-PERP-INTX−0.0072%1h0.7340−0.132%$277K$886K50xas long as short
Deribit ASTER_USDC-PERPETUAL−0.0036%1h0.7336−0.192%$11K$71K25xas long as short
Aster ASTERUSDT0.0000%4h0.7345−0.071%$54.6M$102.8M200xas long as short
dYdX ASTER-USD0.0000%1h0.7349−0.017%$14K$1K5xas long as short
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0005%1h0.7339−0.156%$24K150xas long as short
Injective ASTER/USDC PERP+0.0033%1h0.7390+0.544%$9$133K5.5xas long as short
Orderly PERP_ASTER_USDC+0.0078%4h0.7337−0.177%$14K$84510xas long as short
Lighter ASTER+0.0096%1h0.7338−0.166%$894K$909K5xas long as short
Nado ASTER-PERP+0.0100%1h0.7349−0.014%$368K$249K5xas long as short
Pacifica ASTER+0.0100%1h0.7350−0.004%$255K$73K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ASTERUSDT+0.0100%4h0.7331−0.258%$90.1M$110.9M75xas long as short
Bybit ASTERUSDT+0.0100%4h0.7334−0.218%$48.8M$22.9M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7333−0.231%$12.1M$18.6M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7348−0.027%$6.4M$5.3M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7344−0.082%$34.0M$18.0M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7345−0.067%$10.8M$3.2M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7338−0.163%$17.8M$6.7M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7336−0.190%$9.6Mas long as short
Backpack ASTER_USDC_PERP+0.0100%1h0.7346−0.050%$219K$487K10xas long as short
Variational Omni ASTER+0.0100%4h0.7321−0.395%$2.1M$389Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7324−0.360%$448K$3.8M10xas long as short
ApeX Omni ASTERUSDT+0.0100%1h0.7322−0.381%$84K$722K50xas long as short
SunX ASTER-USDT+0.0100%4h0.7356+0.082%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7335−0.204%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.73500.000%$243K$117K20xas long as short
Extended ASTER-USDshort+0.0104%1h0.7334−0.219%$365K$638K25x
edgeX ASTERUSDC+0.0105%4h0.7318−0.431%$212K$2.0M10xas long as short
01 Exchange ASTERUSD+0.0144%1h0.7347−0.041%$8K$4K10xas long as short
Hyperliquid ASTERlong+0.0189%1h0.7350long leg$25.5M$6.5M5x
Kraken Futures PF_ASTERUSD+0.0281%1h0.7337−0.175%$337K$489K20xas long as short
GMX ASTER/USD [WBTC.b-USDC]L +0.0304% / S −0.0215%1h0.7336−0.189%$28K100xas long as short
BloFin ASTER-USDT+0.0340%4h0.7338−0.163%$3.5M$1.9M75xas long as short