Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against SunX−0.138%7-day average −0.113% · 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−$253as in the Price arb table

costs, in and out, $10k−$2502.501% of the position

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.138%, 7d avg −0.113%

Together, before fees−0.026%−$3 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: OKX is 0.025% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTER-USDT	0.7255	0.0100	pay 0.0050% / 4h	2h 42m	$2K	$1.7M	20x
Short	OKX ASTER-USDT-SWAP	0.7245	0.0100	get 0.0050% / 4h	2h 42m	$12.4M	$20.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.138%Rate

Funding earned: $0
Price spread: −0.138% → −0.113%: −$2.48
Slippage, 4 orders: −$232.12
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$252.61
Costs to cover: 2.501%
Break-even: never at this rate

Slippage from SunX: live order book, 13 min ago; OKX: 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, 13 min ago	30.25 bp	108.2 bp −$108	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.69 bp	8.9 bp −$9	10.7 bp −$107	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	0.7245	−0.145%	$269K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7241	−0.198%	$52.0M	$112.4M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7246	−0.127%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7240	−0.210%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7241	−0.186%	$23K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0008%	1h	0.7248	−0.096%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.861%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0055%	4h	0.7240	−0.207%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7244	−0.157%	$876K	$918K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7248	−0.103%	$341K	$286K	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	0.7246	−0.121%	$252K	$83K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7241	−0.193%	$89.6M	$122.3M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7241	−0.193%	$48.8M	$25.7M	75x	as long as short
OKX ASTER-USDT-SWAPshort	+0.0100%	4h	0.7245	−0.138%	$12.4M	$20.2M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7240	−0.207%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7239	−0.221%	$33.8M	$20.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7244	−0.147%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7240	−0.207%	$17.7M	$7.9M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7243	−0.165%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7243	−0.160%	$209K	$487K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7244	−0.148%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7245	−0.142%	$446K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7242	−0.179%	$98K	$733K	50x	as long as short
SunX ASTER-USDTlong	+0.0100%	4h	0.7255	long leg	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7239	−0.221%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7248	−0.096%	$241K	$143K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7243	−0.163%	$364K	$637K	25x	as long as short
Hyperliquid ASTER	+0.0108%	1h	0.7247	−0.106%	$24.7M	$8.0M	5x	as long as short
edgeX ASTERUSDC	+0.0113%	4h	0.7256	+0.009%	$212K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0298%	1h	0.7245	−0.138%	$336K	$626K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7241	−0.193%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7245	−0.138%	$3.5M	$2.1M	75x	as long as short