Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0317%/8h= +34.7% APRpaid last 24h +0.084%

Price spread now: BloFin against Injective+0.244%7-day average — · you sell dearer than you buy

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

Long on Injective Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.244% dearer against Injective than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ASTER/USDC PERP	0.7390	0.0023	pay 0.0003% / 1h	23m 01s	$9	$133K	5.5x
Short	BloFin ASTER-USDT	0.7408	0.0340	get 0.0170% / 4h	1h 23m	$3.5M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.244%Rate

Funding earned: $66.62
Price spread: +0.244% → 0.000%: $24.36
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee BloFin: 6 bp × 2 orders: −$12
Net: $78.96
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; BloFin: live order book, 5 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 BloFin live order book, 5 min ago	4.74 bp	11.7 bp −$12	16.0 bp −$160	35.8 bp −$3,581	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	−0.0136%	1h	0.7393	+0.043%	$260K	$841K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7413	+0.315%	$56.7M	$100.0M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7413	+0.311%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7411	+0.280%	$30K	—	150x	as long as short
Injective ASTER/USDC PERPlong	+0.0023%	1h	0.7390	long leg	$9	$133K	5.5x
dYdX ASTER-USD	+0.0078%	1h	0.7402	+0.162%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7417	+0.367%	$916K	$872K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7412	+0.298%	$371K	$274K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7407	+0.233%	$254K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7414	+0.318%	$90.7M	$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	0.7416	+0.352%	$49.6M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7414	+0.325%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7415	+0.338%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7413	+0.311%	$34.6M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7415	+0.332%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7414	+0.325%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7414	+0.325%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7414	+0.319%	$264K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7391	+0.008%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7400	+0.130%	$464K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7401	+0.149%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7417	+0.365%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7417	+0.365%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7413	+0.311%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7408	+0.244%	$242K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7413	+0.311%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0111%	4h	0.7395	+0.072%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7413	+0.311%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7416	+0.352%	$281K	$428K	20x	as long as short
Hyperliquid ASTER	+0.0158%	1h	0.7420	+0.406%	$25.7M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7411	+0.284%	$28K	—	100x	as long as short
BloFin ASTER-USDTshort	+0.0340%	4h	0.7408	+0.244%	$3.5M	$1.9M	75x