Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: Bybit against SunX−0.147%7-day average −0.131% · you buy dearer than you sell

Net, funding: paid 7d − costs−$261as in the Funding arb table

Net, price: spread back to 7d avg − costs−$253as in the Price arb table

costs, in and out, $10k−$2512.511% of the position

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 3 days (all we have)+0.052%+$5 · spread now −0.147%, 7d avg −0.131%

Together, before fees−0.046%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTER-USDT	0.7475	0.0100	pay 0.0050% / 4h	36m 54s	$2K	$1.7M	20x
Short	Bybit ASTERUSDT	0.7464	0.0100	get 0.0050% / 4h	36m 54s	$49.9M	$22.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.147%Rate

Funding earned: $0
Price spread: −0.147% → −0.131%: −$1.58
Slippage, 4 orders: −$232.1
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$252.68
Costs to cover: 2.511%
Break-even: never at this rate

Slippage from SunX: live order book, 8 min ago; Bybit: live order book, 2 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	28.01 bp	109.0 bp −$109	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.67 bp	10.3 bp −$10	38.4 bp −$384	202.9 bp −$20.3K	doesn't fit

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	−0.0136%	1h	0.7470	−0.060%	$261K	$857K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7464	−0.146%	$56.9M	$100.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7474	−0.012%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7468	−0.096%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7469	−0.084%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7471	−0.057%	$337K	$484K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−1.137%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7473	−0.025%	$925K	$883K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7474	−0.007%	$374K	$268K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7470	−0.065%	$256K	$104K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7462	−0.174%	$91.4M	$107.1M	75x	as long as short
Bybit ASTERUSDTshort	+0.0100%	4h	0.7464	−0.147%	$49.9M	$22.0M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7462	−0.174%	$12.0M	$18.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7463	−0.161%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7461	−0.187%	$35.2M	$16.5M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7464	−0.148%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7461	−0.187%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7462	−0.174%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7465	−0.132%	$265K	$330K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7485	+0.128%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7485	+0.135%	$464K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7473	−0.027%	$67K	$713K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7471	−0.054%	$14K	$845	10x	as long as short
SunX ASTER-USDTlong	+0.0100%	4h	0.7475	long leg	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7468	−0.094%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7470	−0.067%	$244K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7463	−0.164%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0104%	4h	0.7470	−0.070%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0152%	1h	0.7472	−0.040%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7470	−0.070%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0335%	1h	0.7473	−0.020%	$26.0M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7467	−0.107%	$3.5M	$1.9M	75x	as long as short