Head to head
the arrow points to the better figure| Aster | Bulk | |
|---|---|---|
| Trading | ||
| $8.02 | BTC trade, $10k▶ | $7.00 |
| $1,124 | ◀BTC trade, $1M | $1,390 |
| $39.6M | ◀BTC book depth | $1.9M |
| 0.040%/0.000% | Taker / maker▶ | 0.035%/0.000% |
| 300x | ◀Max leverage | 40x |
| Size | ||
| $2.25B | ◀Volume 24h | $38.1M |
| $1.68B | ◀Volume, 7-day average | $32.4M |
| $1.37Bone side | Open interest | $15.8Mlongs + shorts |
| $505.4M | ◀TVL | $7.0M |
| Markets | ||
| 599 | ◀Markets | 19 |
| 146 | ◀Stocks & RWA | 8 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.575% | BTC longs paid, 30d | +0.811% |
| Access | ||
| No ID | KYC | No ID |
| $ASTER | Token | none yet |
| Stage 5 | Airdrop | — |
Cost to trade BTC
| Size | Aster | Bulk |
|---|---|---|
| $1k | $0.808.0 bp | $0.707.0 bp |
| $10k | $8.028.0 bp | $7.007.0 bp |
| $100k | $91.189.1 bp | $79.568.0 bp |
| $1M | $1,12411.2 bp | $1,39013.9 bp |
| $5M | $9,16418.3 bp | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 18
funding /8h · Net 7d at $10k| Asset | Aster | Bulk | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$21 |
| ETH | +0.0100% | +0.0097% | +0.0003% | −$8 |
| SOL | +0.0100% | +0.0100% | 0.0000% | −$31 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$21 |
| PAXG | +0.0100% | +0.0031% | +0.0069% | −$18 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$25 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$26 |
| LIT | +0.0058% | −0.0166% | +0.0224% | −$20 |
| XRP | +0.0100% | +0.0100% | 0.0000% | −$25 |
| PUMP | +0.0100% | +0.0100% | 0.0000% | −$33 |
| MON | −0.0063% | −0.0363% | +0.0299% | — |
Only on Aster: 551
ASTER · XAU · XAG · CL · SPCX · WLFI · SOXL · KITE · BNB · GPRO · BZ · BULLA · DOGE · META · PREDICT · KORU · SYN · IDOL · AVAX · INTC · AGT · CAKE · ACN · TAO · MOONSHOT · AIN · BNC · OURA · QQQ · LTC · EVAA · BIANRENSHENG · SQQQ · LYN · SUI · LINK · JCT · ATOM · OPENAI · XMR · LUMIA · STRC · BAT · DOT · WLD · FF · PLAY · GRAM · GOOGL · ADA · ETC · AAVE · SPY · TRX · DNA · PEPE · ZEREBRO · UNI · XLM · NATGAS · and 491 more
Only on Bulk: 1
Questions
Is Aster or Bulk cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.02 on Aster and $7.00 on Bulk right now, taker fee and order-book slippage together, so Bulk is cheaper. Taker fees: 0.04% and 0.035%.
Which has more markets, Aster or Bulk?
Aster lists 599 active markets and Bulk 19; 18 assets trade on both, 7 of them stocks, commodities or other real-world assets.
Does Aster or Bulk require KYC?
Aster: No ID to trade (the terms keep a right to limited checks); not for the US, Canada, the UK, China, Russia, Ukraine or sanctioned countries. Bulk: No ID (the terms keep a right to checks); barred: the US, UK, Ontario, Australia, Japan, South Korea, Singapore, UAE and several EU countries.
Can you arbitrage funding between Aster and Bulk?
Not profitably right now: none of the 18 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Aster or Bulk?
24-hour volume: Aster $2.25B, Bulk $38.1M. Open interest as each reports it: $1.37B and $15.8M. Bulk reports open interest as longs plus shorts, both sides of every position; Aster reports one side. For the same positions Bulk's figure reads about twice as large. TVL: $505.4M and $7.0M.

