Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%

Price spread now: HTX against Injective−1.989%7-day average +0.099% · you buy dearer than you sell

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

Long on Injective Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.159%+$16 on $10k

Price spread, last 4 days (all we have)+2.461%+$246 · spread now −1.989%, 7d avg +0.099%

Together, before fees+2.620%+$262 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 2.088% cheaper against Injective than usual: you would sell low and buy high (spread −1.989% now, against its 7-day average of +0.099%). If the spread goes back, that is −$209 on $10k: about 3 months 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	2m 49s	$9	$133K	5.5x
Short	HTX ASTER-USDT	0.7243	0.0100	get 0.0050% / 4h	2m 49s	$241K	$142K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −1.989%Rate

Funding earned: $14
Price spread: −1.989% → +0.099%: −$208.82
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee HTX: 6 bp × 2 orders: −$12
Net: −$206.84
Costs to cover: 0.120%
Break-even: 110.4 days

Slippage unknown: Injective: no order-book sample; HTX: live order book, 54 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 HTX live order book, 54 min ago	6.12 bp	14.5 bp −$15	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	0.7239	−2.042%	$255K	$1.0M	50x	as long as short
01 Exchange ASTERUSD	−0.0016%	1h	0.7246	−1.949%	$8K	$4K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7246	−1.952%	$52.6M	$110.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7240	−2.035%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7245	−1.961%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7246	−1.948%	$23K	—	150x	as long as short
Injective ASTER/USDC PERPlong	+0.0033%	1h	0.7390	long leg	$9	$133K	5.5x
Orderly PERP_ASTER_USDC	+0.0065%	4h	0.7241	−2.016%	$13K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7248	−1.926%	$877K	$922K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7251	−1.882%	$353K	$272K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7252	−1.868%	$24.6M	$7.8M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7243	−1.991%	$252K	$81K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7247	−1.928%	$89.0M	$120.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7244	−1.976%	$48.6M	$25.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7247	−1.935%	$12.2M	$19.8M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7250	−1.894%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7249	−1.908%	$33.2M	$20.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7250	−1.897%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7243	−1.989%	$17.7M	$7.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7247	−1.935%	—	$9.8M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7250	−1.892%	$209K	$494K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7237	−2.067%	$2.0M	$401K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7248	−1.922%	$445K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7220	−2.300%	$98K	$731K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7252	−1.867%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7246	−1.949%	$13K	$8K	5x	as long as short
HTX ASTER-USDTshort	+0.0100%	4h	0.7243	−1.989%	$241K	$142K	20x
Extended ASTER-USD	+0.0104%	1h	0.7250	−1.888%	$361K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7224	−2.250%	$210K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0284%	1h	0.7250	−1.891%	$343K	$586K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7244	−1.971%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7242	−2.003%	$3.5M	$2.1M	75x	as long as short