Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h +0.026%

Price spread now: edgeX against Injective−0.546%7-day average +0.039% · you buy dearer than you sell

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

Long on Injective Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.095%+$10 on $10k

Price spread, last 3 days (all we have)+2.419%+$242 · spread now −0.546%, 7d avg +0.039%

Together, before fees+2.514%+ Points / potential airdropedgeX: Active · farm board+$251 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.584% cheaper against Injective than usual: you would sell low and buy high (spread −0.546% now, against its 7-day average of +0.039%). If the spread goes back, that is −$58 on $10k: about 26 days of funding at the current rate (+$2 a day).

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	8m 46s	$9	$133K	5.5x
Short	edgeX ASTERUSDC	0.7350	0.0108	get 0.0054% / 4h	2h 08m	$212K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 edgeXbpOrdersPrice spread, now −0.546%Rate

Funding earned: $15.66
Price spread: −0.546% → +0.039%: −$58.44
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$51.8
Costs to cover: 0.090%
Break-even: 30.1 days

Slippage unknown: Injective: no order-book sample; edgeX: 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 edgeX live order book, 5 min ago	2.04 bp	6.5 bp −$7	12.9 bp −$129	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 31 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	0.7350	−0.543%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7348	−0.573%	$54.9M	$101.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7344	−0.617%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7348	−0.566%	$34K	—	150x	as long as short
Injective ASTER/USDC PERPlong	+0.0033%	1h	0.7390	long leg	$9	$133K	5.5x
01 Exchange ASTERUSD	+0.0072%	1h	0.7345	−0.609%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	+0.0091%	1h	0.7351	−0.534%	$14K	$1K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7342	−0.650%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7350	−0.537%	$892K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7349	−0.562%	$367K	$255K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7354	−0.483%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7348	−0.563%	$256K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7345	−0.605%	$90.1M	$110.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7344	−0.622%	$49.1M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7349	−0.555%	$12.0M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7345	−0.609%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7345	−0.609%	$33.7M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7347	−0.579%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7345	−0.609%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7347	−0.582%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7347	−0.587%	$219K	$482K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7350	−0.538%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7349	−0.556%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7351	−0.528%	$66K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7345	−0.609%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7345	−0.609%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7346	−0.595%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7346	−0.601%	$367K	$639K	25x	as long as short
edgeX ASTERUSDCshort	+0.0108%	4h	0.7350	−0.546%	$212K	$2.0M	10x
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7348	−0.564%	$339K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7346	−0.600%	$28K	—	100x	as long as short