Funding arb · Price arb /

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Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.042%

Price spread now: Injective against Aster+1.614%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Injective

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 airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 1.614% dearer against Aster than usual: you sell high and buy low (spread +1.614% now, against zero (this spread has no 7-day history yet)): +$161 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ARUSDT	4.4994	0.0100	pay 0.0100% / 8h	1h 30m	$20K	$618K	10x
Short	Injective AR/USDC PERP	4.5720	0.0033	get 0.0004% / 1h	30m 56s	$3K	$339	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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 AsterbpFee InjectivebpOrdersPrice spread, now +1.614%Rate

Funding earned: −$14
Price spread: +1.614% → 0.000%: $161.4
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $139.38
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Aster: live order book, 52 min ago; Injective: no order-book sample. 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 Aster live order book, 52 min ago	7.79 bp	33.3 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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.

AR on 17 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
Kraken Futures PF_ARUSD	−0.1923%	1h	4.5001	+0.016%	$47K	$155K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.5047	+0.118%	$579K	—	50x	as long as short
Injective AR/USDC PERPshort	+0.0033%	1h	4.5720	+1.614%	$3K	$339	5.5x
OKX AR-USDT-SWAP	+0.0079%	8h	4.4980	−0.031%	$2.3M	$20.5M	20x	as long as short
Extended AR-USD	+0.0096%	1h	4.5011	+0.039%	$37K	$237K	10x	as long as short
Binance ARUSDT	+0.0099%	8h	4.5020	+0.058%	$8.8M	$55.4M	75x	as long as short
MEXC AR_USDT	+0.0099%	8h	4.5000	+0.014%	$6.8M	$4.5M	100x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5082	+0.196%	$3.8M	$4.8M	5x	as long as short
Aster ARUSDTlong	+0.0100%	8h	4.4994	long leg	$20K	$618K	10x
Bybit ARUSDT	+0.0100%	8h	4.5010	+0.036%	$4.6M	$8.9M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDT	+0.0100%	8h	4.4990	−0.008%	$2.5M	$2.3M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.5010	+0.036%	$1.4M	$1.1M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.4970	−0.053%	$3.8M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.5020	+0.058%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.4680	−0.698%	$136K	$174K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.4970	−0.053%	$57K	$746K	50x	as long as short
BloFin AR-USDT	+0.0219%	8h	4.4940	−0.120%	$419K	$667K	20x	as long as short