Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.010%

Price spread now: Bitget against 01 Exchange−0.028%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Bitget is 0.028% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ASTERUSD	0.7225	−0.0016	get 0.0002% / 1h	5m 30s	$8K	$4K	10x
Short	Bitget ASTERUSDT	0.7223	0.0100	get 0.0050% / 4h	5m 30s	$17.7M	$7.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against 01 Exchange. 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 01 ExchangebpFee BitgetbpOrdersPrice spread, now −0.028%Rate

Funding earned: $24.36
Price spread: −0.028% → 0.000%: −$2.77
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: $2.59
Costs to cover: 0.190%
Break-even: 6.3 days

Slippage unknown: 01 Exchange: no order-book sample; Bitget: live order book, 3 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	1.38 bp	9.2 bp −$9	12.0 bp −$120	51.5 bp −$5,150	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit ASTER_USDC-PERPETUAL	−0.0151%	1h	0.7238	+0.174%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0072%	1h	0.7242	+0.233%	$255K	$1.0M	50x	as long as short
01 Exchange ASTERUSDlong	−0.0016%	1h	0.7225	long leg	$8K	$4K	10x
Aster ASTERUSDT	0.0000%	4h	0.7222	−0.042%	$52.4M	$110.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7226	+0.010%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7240	+0.212%	$23K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.284%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0064%	4h	0.7239	+0.194%	$13K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7225	−0.004%	$874K	$922K	5x	as long as short
Extended ASTER-USD	+0.0096%	1h	0.7223	−0.029%	$361K	$635K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7229	+0.058%	$352K	$272K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7230	+0.068%	$24.6M	$7.7M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7227	+0.032%	$252K	$81K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7221	−0.055%	$88.6M	$120.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7221	−0.055%	$48.5M	$25.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7227	+0.028%	$12.2M	$19.7M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7223	−0.028%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7226	+0.014%	$33.1M	$20.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7223	−0.029%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDTshort	+0.0100%	4h	0.7223	−0.028%	$17.7M	$7.6M	50x
BingX ASTER-USDT	+0.0100%	4h	0.7225	0.000%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7240	+0.203%	$209K	$495K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7237	+0.169%	$2.0M	$401K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7248	+0.318%	$445K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7251	+0.360%	$98K	$732K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7246	+0.291%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7239	+0.194%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7244	+0.263%	$241K	$141K	20x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7249	+0.333%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0285%	1h	0.7243	+0.253%	$342K	$590K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7241	+0.226%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7250	+0.346%	$3.5M	$2.1M	75x	as long as short