Head to head
the arrow points to the better figure| Aster | Bullet | |
|---|---|---|
| Trading | ||
| $8.05 | BTC trade, $10k▶ | $3.69 |
| $1,242 | ◀BTC trade, $1M | $21,991 |
| $38.1M | ◀BTC book depth | $1.6M |
| 0.040%/0.000% | Taker / maker▶ | 0.000%/0.000% |
| 300x | ◀Max leverage | 20x |
| Size | ||
| $2.25B | ◀Volume 24h | $14.8M |
| $1.68B | ◀Volume, 7-day average | $28.0M |
| $1.37Bone side | Open interest | $4.2Mlongs + shorts |
| $505.4M | TVL | — |
| Markets | ||
| 599 | ◀Markets | 30 |
| 146 | ◀Stocks & RWA | 14 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.575% | BTC longs paid, 30d | +0.392% |
| Access | ||
| No ID | KYC | No ID |
| $ASTER | Token | none yet |
| Stage 5 | Airdrop | Active |
Cost to trade BTC
| Size | Aster | Bullet |
|---|---|---|
| $1k | $0.818.1 bp | $0.222.2 bp |
| $10k | $8.058.1 bp | $3.693.7 bp |
| $100k | $96.289.6 bp | $12312.3 bp |
| $1M | $1,24212.4 bp | $21,991219.9 bp |
| $5M | $10,05520.1 bp | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 27
funding /8h · Net 7d at $10k| Asset | Aster | Bullet | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$12 |
| SOL | +0.0100% | −0.0153% | +0.0253% | −$8 |
| ETH | +0.0100% | +0.0056% | +0.0044% | −$10 |
| LIT | +0.0041% | −0.0873% | +0.0914% | +$51 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$13 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$24 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$32 |
| XRP | +0.0100% | +0.0100% | 0.0000% | −$19 |
| UNI | +0.0100% | +0.0100% | 0.0000% | — |
| DOGE | +0.0100% | +0.0100% | 0.0000% | −$19 |
| PUMP | +0.0100% | +0.0070% | +0.0030% | — |
| ONDO | +0.0100% | −0.0084% | — | — |
| TAO | +0.0100% | +0.0099% | — | — |
| TIA | −0.0022% | −0.0445% | — | — |
| ENA | +0.0100% | +0.0100% | 0.0000% | — |
Only on Aster: 542
ASTER · WLFI · SOXL · KITE · BNB · GPRO · BULLA · META · KORU · PREDICT · SYN · IDOL · AVAX · INTC · AGT · CAKE · ACN · MOONSHOT · AIN · QQQ · OURA · LTC · EVAA · BIANRENSHENG · SQQQ · CRCL · LYN · SUI · PAXG · LINK · JCT · ATOM · OPENAI · XMR · STRC · LUMIA · BAT · DOT · WLD · MSTR · FF · PLAY · GRAM · GOOGL · ADA · ETC · AAVE · SPY · TRX · DNA · ZEREBRO · PEPE · XLM · NATGAS · COIN · B · LONGXIA · ESPORTS · MAGMA · XNY · and 482 more
Questions
Is Aster or Bullet cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.05 on Aster and $3.69 on Bullet right now, taker fee and order-book slippage together, so Bullet is cheaper. Taker fees: 0.04% and 0%.
Which has more markets, Aster or Bullet?
Aster lists 599 active markets and Bullet 30; 27 assets trade on both, 12 of them stocks, commodities or other real-world assets.
Does Aster or Bullet 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. Bullet: No ID (the terms keep a right to ask); not for US or Singapore residents or sanctioned countries.
Can you arbitrage funding between Aster and Bullet?
Yes: 7 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was SKHYNIX, long on Aster and short on Bullet, with $115 left after costs.
Which is bigger, Aster or Bullet?
24-hour volume: Aster $2.25B, Bullet $14.8M. Open interest as each reports it: $1.37B and $4.2M. Bullet reports open interest as longs plus shorts, both sides of every position; Aster reports one side. For the same positions Bullet's figure reads about twice as large. TVL: $505.4M and none published.

