Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0058%/8h= −6.3% APRpaid last 24h −0.041%

Price spread now: Kraken Futures against SunX−0.058%7-day average −0.108% · you buy dearer than you sell

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

Long on SunX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.670%−$67 on $10k

Price spread, last 4 days (all we have)−0.059%−$6 · spread now −0.058%, 7d avg −0.108%

Together, before fees−0.729%−$73 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.050% dearer against SunX than usual: you sell high and buy low (spread −0.058% now, against its 7-day average of −0.108%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.670% in total) that is about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTER-USDT	0.7388	0.0100	pay 0.0050% / 4h	1h 44m	$2K	$1.8M	20x
Short	Kraken Futures PF_ASTERUSD	0.7384	0.0042	get 0.0005% / 1h	44m 46s	$344K	$667K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$12.17
Price spread: −0.058% → −0.108%: $5.01
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$25.16
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 11 min ago; Kraken Futures: live order book, 63 min ago. 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 SunX live order book, 11 min ago	500.68 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 63 min ago	4.13 bp	15.2 bp −$15	32.5 bp −$325	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	−0.0024%	1h	0.7367	−0.286%	$259K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7375	−0.176%	$52.7M	$116.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7375	−0.180%	$15K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7377	−0.145%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7376	−0.169%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.027%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSDshort	+0.0042%	1h	0.7384	−0.058%	$344K	$667K	20x
Orderly PERP_ASTER_USDC	+0.0063%	4h	0.7378	−0.135%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7381	−0.095%	$893K	$952K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7366	−0.302%	$341K	$297K	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	0.7377	−0.150%	$261K	$111K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7378	−0.139%	$93.3M	$131.4M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7378	−0.135%	$49.7M	$26.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7380	−0.108%	$12.6M	$22.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7371	−0.230%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7372	−0.217%	$35.4M	$20.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7373	−0.204%	$10.9M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7378	−0.135%	$18.0M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7375	−0.176%	—	$10.0M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7348	−0.539%	$2.1M	$393K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7359	−0.393%	$457K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7360	−0.379%	$100K	$737K	50x	as long as short
SunX ASTER-USDTlong	+0.0100%	4h	0.7388	long leg	$2K	$1.8M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7377	−0.149%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7373	−0.203%	$246K	$201K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7373	−0.205%	$369K	$651K	25x	as long as short
edgeX ASTERUSDC	+0.0104%	4h	0.7355	−0.445%	$215K	$2.2M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7359	−0.393%	$6K	$7K	10x	as long as short
Backpack ASTER_USDC_PERP	+0.0267%	1h	0.7381	−0.095%	$210K	$498K	10x	as long as short
Hyperliquid ASTER	+0.0286%	1h	0.7385	−0.039%	$25.2M	$8.2M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7375	−0.179%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7375	−0.176%	$3.6M	$2.1M	75x	as long as short