ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0099%/8h= −10.8% APRnext payment −$0.12 per $10,000 · paid last 24h −0.006%

Price spread now: Extended against Backpack−0.007%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on Backpack Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.084%−$8 on $10k

Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.007%, 7d avg −0.030%

Together, before fees+0.053%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.023% dearer against Backpack than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.030%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.084% in total) that is about 47 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack ASTER_USDC_PERP	0.7339	0.0203	pay 0.0025% / 1h	37m 28s	$209K	$498K	10x
Short	Extended ASTER-USD	0.7339	0.0104	get 0.0013% / 1h	37m 28s	$369K	$651K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Backpack. 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 BackpackbpFee ExtendedbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$20.77
Price spread: −0.007% → −0.030%: $2.33
Slippage, 4 orders: −$9.82
Fee Backpack: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$43.26
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from Backpack: live order book, 6 min ago; Extended: live order book, 5 min ago.

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 Backpack live order book, 6 min ago	0.07 bp	7.0 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	3.19 bp	5.7 bp −$6	8.2 bp −$82	doesn't fit	doesn't fit

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	0.7336	−0.050%	$258K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7343	+0.044%	$52.4M	$116.5M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7334	−0.079%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7335	−0.068%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7334	−0.072%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.688%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0042%	1h	0.7341	+0.019%	$342K	$668K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0065%	4h	0.7331	−0.116%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7340	+0.012%	$889K	$953K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7336	−0.041%	$341K	$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	0.7339	−0.012%	$259K	$112K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7343	+0.046%	$92.9M	$131.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7344	+0.061%	$49.5M	$26.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7346	+0.089%	$12.6M	$22.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7334	−0.075%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7338	−0.020%	$35.2M	$20.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7337	−0.035%	$10.9M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7344	+0.061%	$18.0M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7341	+0.020%	—	$9.9M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7351	+0.160%	$2.1M	$393K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7362	+0.307%	$458K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7362	+0.307%	$100K	$738K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7348	+0.116%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7336	−0.048%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7336	−0.048%	$245K	$201K	20x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7339	−0.007%	$369K	$651K	25x
edgeX ASTERUSDC	+0.0113%	4h	0.7337	−0.029%	$214K	$2.2M	10x	as long as short
01 Exchange ASTERUSD	+0.0160%	1h	0.7344	+0.061%	$6K	$7K	10x	as long as short
Backpack ASTER_USDC_PERPlong	+0.0203%	1h	0.7339	long leg	$209K	$498K	10x
Hyperliquid ASTER	+0.0258%	1h	0.7351	+0.163%	$25.1M	$8.2M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7336	−0.053%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7342	+0.034%	$3.6M	$2.1M	75x	as long as short