Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0049%/8h= −5.4% APRpaid last 24h +0.006%

Price spread now: edgeX against 01 Exchange+0.085%57s7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on edgeX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.085% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.085% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.8 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ASTERUSD	0.7332	0.0168	pay 0.0021% / 1h	3m 54s	$6K	$7K	10x
Short	edgeX ASTERUSDC	0.7338	0.0119	get 0.0059% / 4h	1h 03m	$214K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.085%Rate

Funding earned: −$10.34
Price spread: +0.085% → 0.000%: $8.52
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$17.82
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; edgeX: live order book, 5 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 edgeX live order book, 5 min ago	2.04 bp	6.5 bp −$7	12.5 bp −$125	doesn't fit	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
Coinbase International ASTER-PERP-INTX	−0.0024%	1h	0.7333	+0.018%	$253K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7327	−0.070%	$52.0M	$116.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7334	+0.023%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7325	−0.100%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7326	−0.079%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.791%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0042%	1h	0.7331	−0.007%	$340K	$671K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0076%	4h	0.7322	−0.136%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7331	−0.014%	$888K	$956K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7329	−0.048%	$346K	$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	0.7335	+0.039%	$258K	$114K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7327	−0.064%	$92.7M	$132.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7325	−0.095%	$49.5M	$26.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7330	−0.027%	$12.5M	$22.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7328	−0.055%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7325	−0.095%	$35.0M	$20.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7327	−0.067%	$11.0M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7326	−0.082%	$17.9M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7329	−0.041%	—	$9.9M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7341	+0.126%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7341	+0.126%	$451K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7341	+0.123%	$100K	$739K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7337	+0.068%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7327	−0.068%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7334	+0.027%	$245K	$202K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7327	−0.069%	$367K	$651K	25x	as long as short
edgeX ASTERUSDCshort	+0.0119%	4h	0.7338	+0.085%	$214K	$2.2M	10x
Backpack ASTER_USDC_PERP	+0.0163%	1h	0.7331	−0.016%	$210K	$494K	10x	as long as short
01 Exchange ASTERUSDlong	+0.0168%	1h	0.7332	long leg	$6K	$7K	10x
Hyperliquid ASTER	+0.0252%	1h	0.7335	+0.037%	$25.0M	$8.2M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7324	−0.108%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7340	+0.109%	$3.6M	$2.1M	75x	as long as short