Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0018%/8h= +1.9% APRpaid last 24h +0.003%

Price spread now: SoDEX against Orderly−0.014%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on SoDEX

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ASTER_USDC	0.7247	0.0082	pay 0.0041% / 4h	1h 58m	$13K	$1K	10x
Short	SoDEX ASTER-USD	0.7246	0.0100	get 0.0013% / 1h	58m 55s	$13K	$8K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Orderly. 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 OrderlybpFee SoDEXbpOrdersPrice spread, now −0.014%Rate

Funding earned: $3.69
Price spread: −0.014% → 0.000%: −$1.38
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$11.69
Costs to cover: 0.140%
Break-even: 29.2 days

Slippage unknown: Orderly: no order-book sample; SoDEX: no order-book sample. 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 Orderly no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Orderly and SoDEX: 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 exchanges

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
Aster ASTERUSDT	0.0000%	4h	0.7249	+0.028%	$50.2M	$105.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7249	+0.032%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7247	−0.006%	$11K	$41K	25x	as long as short
Coinbase International ASTER-PERP-INTX	0.0000%	1h	0.7247	−0.001%	$246K	$1.2M	50x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7247	+0.003%	$28K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.973%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDClong	+0.0082%	4h	0.7247	long leg	$13K	$1K	10x
Lighter ASTER	+0.0096%	1h	0.7250	+0.041%	$873K	$432K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7246	−0.020%	$347K	$227K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7251	+0.050%	$25.0M	$6.8M	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7250	+0.048%	$254K	$93K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7250	+0.044%	$91.5M	$121.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7254	+0.097%	$49.2M	$25.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7251	+0.055%	$12.5M	$21.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7249	+0.028%	$6.5M	$4.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7250	+0.041%	$33.7M	$21.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7250	+0.044%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7248	+0.014%	$17.7M	$7.0M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7250	+0.041%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7250	+0.039%	$208K	$453K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7244	−0.044%	$2.1M	$393K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7241	−0.087%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7249	+0.028%	$95K	$723K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7256	+0.124%	$2K	$1.5M	20x	as long as short
SoDEX ASTER-USDshort	+0.0100%	1h	0.7246	−0.014%	$13K	$8K	5x
HTX ASTER-USDT	+0.0100%	4h	0.7246	−0.014%	$242K	$153K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7245	−0.031%	$211K	$2.1M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7249	+0.033%	$363K	$598K	25x	as long as short
01 Exchange ASTERUSD	+0.0120%	1h	0.7248	+0.014%	$6K	$7K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0250%	1h	0.7250	+0.043%	$334K	$589K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0302% / S −0.0215%	1h	0.7245	−0.031%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7246	−0.014%	$3.6M	$1.9M	75x	as long as short