ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.031%

Price spread now: Backpack against Injective−0.759%72s7-day average +0.115% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days+0.136%+$14 on $10k

Price spread, last 4 days (all we have)+1.136%+$114 · spread now −0.759%, 7d avg +0.115%

Together, before fees+1.272%+$127 on $10k · with fees, hour by hour

Funding pays, the price is against you. Backpack is 0.874% cheaper against Injective than usual: you would sell low and buy high (spread −0.759% now, against its 7-day average of +0.115%). If the spread goes back, that is −$87 on $10k: about 44 days of funding at the current rate (+$2 a day). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ASTER/USDC PERP	0.7390	0.0033	pay 0.0004% / 1h	57m 46s	$9	$133K	5.5x
Short	Backpack ASTER_USDC_PERP	0.7334	0.0100	get 0.0013% / 1h	57m 46s	$218K	$487K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Injective. 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 InjectivebpFee BackpackbpOrdersPrice spread, now −0.759%Rate

Funding earned: $14
Price spread: −0.759% → +0.115%: −$87.4
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$83.42
Costs to cover: 0.100%
Break-even: 48.7 days

Slippage unknown: Injective: no order-book sample; Backpack: live order book, 1 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Backpack live order book, 1 min ago	0.07 bp	5.5 bp −$5	doesn't fit	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.673%	$277K	$886K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0036%	1h	0.7336	−0.732%	$11K	$71K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7330	−0.816%	$54.5M	$102.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7324	−0.895%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7339	−0.696%	$24K	—	150x	as long as short
Injective ASTER/USDC PERPlong	+0.0033%	1h	0.7390	long leg	$9	$133K	5.5x
Orderly PERP_ASTER_USDC	+0.0078%	4h	0.7337	−0.717%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7329	−0.827%	$893K	$909K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7349	−0.555%	$368K	$249K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7333	−0.773%	$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	−0.839%	$254K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7323	−0.913%	$90.0M	$111.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7324	−0.893%	$48.7M	$22.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7323	−0.907%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7332	−0.785%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7324	−0.893%	$33.9M	$18.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7332	−0.782%	$10.8M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7327	−0.853%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7324	−0.893%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERPshort	+0.0100%	1h	0.7334	−0.759%	$218K	$487K	10x
Variational Omni ASTER	+0.0100%	4h	0.7321	−0.934%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7324	−0.899%	$448K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7322	−0.920%	$84K	$722K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7356	−0.460%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7335	−0.744%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7350	−0.541%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7323	−0.902%	$365K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7318	−0.970%	$212K	$2.0M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7347	−0.582%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0281%	1h	0.7337	−0.716%	$337K	$489K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7336	−0.729%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7338	−0.704%	$3.5M	$1.9M	75x	as long as short