Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h +0.077%

Price spread now: Bitget against Kraken Futures−0.045%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs+$7as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$550.549% of the position

Long on Kraken Futures Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.619%+$62 on $10k

Price spread, last 3 days (all we have)+0.054%+$5 · spread now −0.045%, 7d avg −0.010%

Together, before fees+0.673%+$67 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.035% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.010%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.619%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ASTERUSD	0.7348	0.0228	pay 0.0029% / 1h	8m 46s	$339K	$490K	20x
Short	Bitget ASTERUSDT	0.7345	0.0100	get 0.0050% / 4h	2h 08m	$17.8M	$6.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Kraken Futures. 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 Kraken FuturesbpFee BitgetbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$26.93
Price spread: −0.045% → −0.010%: −$3.46
Slippage, 4 orders: −$32.9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$85.29
Costs to cover: 0.549%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 59 min ago; Bitget: live order book, 5 min ago.

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 Kraken Futures live order book, 59 min ago	7.36 bp	14.6 bp −$15	33.7 bp −$337	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	1.36 bp	10.5 bp −$10	22.9 bp −$229	58.8 bp −$5,878	doesn't fit

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	+0.022%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7348	−0.009%	$54.9M	$101.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7344	−0.053%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7348	−0.002%	$34K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.568%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7345	−0.045%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	+0.0091%	1h	0.7351	+0.030%	$14K	$1K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7342	−0.086%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7350	+0.027%	$892K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7349	+0.003%	$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	+0.082%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7348	+0.001%	$256K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7345	−0.040%	$90.1M	$110.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7344	−0.058%	$49.1M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7349	+0.010%	$12.0M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7345	−0.045%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7345	−0.045%	$33.7M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7347	−0.015%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDTshort	+0.0100%	4h	0.7345	−0.045%	$17.8M	$6.7M	50x
BingX ASTER-USDT	+0.0100%	4h	0.7347	−0.018%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7347	−0.023%	$219K	$482K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7350	+0.026%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7349	+0.009%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7351	+0.037%	$66K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7345	−0.045%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7345	−0.045%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7346	−0.031%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7346	−0.037%	$367K	$639K	25x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7350	+0.019%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSDlong	+0.0228%	1h	0.7348	long leg	$339K	$490K	20x
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7346	−0.036%	$28K	—	100x	as long as short