Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%

Price spread now: OKX against Injective−0.541%7-day average +0.073% · you buy dearer than you sell

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

Long on Injective Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.117%+$12 on $10k

Price spread, last 4 days (all we have)+0.926%+$93 · spread now −0.541%, 7d avg +0.073%

Together, before fees+1.042%+$104 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.614% cheaper against Injective than usual: you would sell low and buy high (spread −0.541% now, against its 7-day average of +0.073%). If the spread goes back, that is −$61 on $10k: about 31 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	16m 47s	$9	$133K	5.5x
Short	OKX ASTER-USDT-SWAP	0.7350	0.0100	get 0.0050% / 4h	1h 16m	$12.1M	$18.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.541%Rate

Funding earned: $14
Price spread: −0.541% → +0.073%: −$61.41
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee OKX: 5 bp × 2 orders: −$10
Net: −$57.43
Costs to cover: 0.100%
Break-even: 35.7 days

Slippage unknown: Injective: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago	0.68 bp	10.7 bp −$11	25.4 bp −$254	131.3 bp −$13.1K	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	−0.0088%	1h	0.7338	−0.705%	$270K	$878K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7344	−0.622%	$54.6M	$101.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7345	−0.615%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7346	−0.595%	$11K	$71K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7347	−0.580%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0008%	1h	0.7346	−0.595%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERPlong	+0.0033%	1h	0.7390	long leg	$9	$133K	5.5x
Orderly PERP_ASTER_USDC	+0.0083%	4h	0.7347	−0.582%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7349	−0.555%	$895K	$907K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7344	−0.622%	$368K	$250K	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	0.7353	−0.503%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7349	−0.557%	$256K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7346	−0.595%	$90.3M	$110.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7345	−0.609%	$49.0M	$22.8M	75x	as long as short
OKX ASTER-USDT-SWAPshort	+0.0100%	4h	0.7350	−0.541%	$12.1M	$18.5M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7346	−0.595%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7342	−0.650%	$33.8M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7345	−0.608%	$10.9M	$3.1M	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	0.7344	−0.622%	—	$9.5M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7351	−0.533%	$218K	$481K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7357	−0.445%	$2.1M	$370K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7347	−0.577%	$459K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7357	−0.447%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7357	−0.447%	$2K	$1.6M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7347	−0.582%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7339	−0.690%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7343	−0.635%	$367K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0113%	4h	0.7348	−0.565%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7350	−0.544%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7346	−0.598%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7347	−0.582%	$3.5M	$1.9M	75x	as long as short