Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against SunX−0.321%7-day average −0.115% · you buy dearer than you sell

Net, funding: paid 7d − costs−$256as in the Funding arb table

Net, price: spread back to 7d avg − costs−$266as in the Price arb table

costs, in and out, $10k−$2452.450% of the position

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.108%−$11 on $10k

Price spread, last 4 days (all we have)+0.213%+$21 · spread now −0.321%, 7d avg −0.115%

Together, before fees+0.105%+ Points / potential airdropExtended: Active · farm board+$11 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: Extended is 0.206% cheaper against SunX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.115%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTER-USDT	0.7399	0.0100	pay 0.0050% / 4h	2h 00m	$2K	$1.8M	20x
Short	Extended ASTER-USD	0.7375	0.0104	get 0.0013% / 1h	0m 42s	$371K	$647K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.321%Rate

Funding earned: $0.84
Price spread: −0.321% → −0.115%: −$20.59
Slippage, 4 orders: −$232.01
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$264.76
Costs to cover: 2.450%
Break-even: 2213.3 days

Slippage from SunX: live order book, 5 min ago; Extended: live order book, 47 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, 5 min ago	29.76 bp	108.5 bp −$108	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 47 min ago	2.96 bp	5.5 bp −$5	7.5 bp −$75	doesn't fit	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	−0.0048%	1h	0.7387	−0.164%	$265K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7386	−0.180%	$53.2M	$115.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7385	−0.195%	$15K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7387	−0.166%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7383	−0.213%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0032%	1h	0.7387	−0.162%	$6K	$7K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.122%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0055%	4h	0.7383	−0.216%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7388	−0.149%	$904K	$942K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7385	−0.189%	$340K	$294K	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	0.7392	−0.095%	$25.2M	$8.2M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7385	−0.183%	$260K	$109K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7385	−0.183%	$93.3M	$130.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7380	−0.257%	$49.7M	$26.3M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7382	−0.230%	$12.6M	$22.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7382	−0.230%	$6.4M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7380	−0.257%	$34.4M	$20.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7382	−0.234%	$10.9M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7378	−0.284%	$17.9M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7377	−0.297%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7392	−0.095%	$211K	$499K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7382	−0.235%	$2.1M	$392K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7386	−0.173%	$457K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7380	−0.257%	$100K	$737K	50x	as long as short
SunX ASTER-USDTlong	+0.0100%	4h	0.7399	long leg	$2K	$1.8M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7387	−0.162%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7384	−0.203%	$247K	$200K	20x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7375	−0.321%	$371K	$647K	25x
edgeX ASTERUSDC	+0.0115%	4h	0.7384	−0.201%	$216K	$2.2M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0292%	1h	0.7392	−0.093%	$342K	$663K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7383	−0.213%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7384	−0.203%	$3.6M	$2.1M	75x	as long as short