Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Binance against SunX−0.177%7-day average −0.116% · you buy dearer than you sell

Net, funding: paid 7d − costs−$254as in the Funding arb table

Net, price: spread back to 7d avg − costs−$254as in the Price arb table

costs, in and out, $10k−$2482.482% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 3 days (all we have)+0.075%+$8 · spread now −0.177%, 7d avg −0.116%

Together, before fees+0.014%+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.060% cheaper against SunX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.116%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTER-USDT	0.7348	0.0100	pay 0.0050% / 4h	2h 56m	$2K	$1.7M	20x
Short	Binance ASTERUSDT	0.7335	0.0100	get 0.0050% / 4h	2h 56m	$90.0M	$109.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now −0.177%Rate

Funding earned: $0
Price spread: −0.177% → −0.116%: −$6.04
Slippage, 4 orders: −$230.15
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$254.2
Costs to cover: 2.482%
Break-even: never at this rate

Slippage from SunX: live order book, 8 min ago; Binance: live order book, 1 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 SunX live order book, 8 min ago	30.76 bp	107.0 bp −$107	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	0.68 bp	7.7 bp −$8	18.6 bp −$186	67.9 bp −$6,794	272.7 bp −$136.4K

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	−0.0080%	1h	0.7349	+0.020%	$269K	$849K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0077%	1h	0.7345	−0.044%	$11K	$86K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7344	−0.053%	$55.5M	$100.5M	200x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7353	+0.073%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0032%	1h	0.7357	+0.122%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.572%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7348	0.000%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7350	+0.024%	$892K	$897K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7357	+0.123%	$368K	$256K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7347	−0.015%	$25.5M	$6.5M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7360	+0.159%	$252K	$70K	10x	as long as short
Binance ASTERUSDTshort	+0.0100%	4h	0.7335	−0.177%	$90.0M	$109.2M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7334	−0.191%	$48.9M	$22.3M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7336	−0.163%	$12.0M	$18.1M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7343	−0.068%	$6.4M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7335	−0.177%	$35.4M	$17.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7335	−0.177%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7335	−0.177%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7334	−0.191%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7338	−0.143%	$214K	$460K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7371	+0.316%	$2.1M	$374K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7384	+0.491%	$455K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7381	+0.449%	$66K	$715K	50x	as long as short
SunX ASTER-USDTlong	+0.0100%	4h	0.7348	long leg	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7345	−0.041%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7354	+0.082%	$240K	$109K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7333	−0.201%	$367K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0114%	4h	0.7380	+0.440%	$213K	$1.9M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7350	+0.028%	$338K	$499K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7352	+0.055%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7332	−0.218%	$3.5M	$1.9M	75x	as long as short
dYdX ASTER-USD	+0.0887%	1h	0.7362	+0.184%	$13K	$61	5x	as long as short