Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.012%

Price spread now: dYdX against Binance−0.072%49s7-day average — · you buy dearer than you sell

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

Long on Binance Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.072% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 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	Binance ASTERUSDT	0.7461	0.0100	pay 0.0050% / 4h	26m 48s	$91.4M	$107.2M	75x
Short	dYdX ASTER-USD	0.7456	0	get 0.0000% / 1h	26m 48s	$13K	$61	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Binance. 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 BinancebpFee dYdXbpOrdersPrice spread, now −0.072%Rate

Funding earned: −$21
Price spread: −0.072% → 0.000%: −$7.22
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$48.22
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 1 min ago; dYdX: 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 Binance live order book, 1 min ago	0.67 bp	6.9 bp −$7	13.5 bp −$135	63.0 bp −$6,301	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.0136%	1h	0.7466	+0.060%	$261K	$857K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7460	−0.020%	$56.9M	$100.1M	200x	as long as short
dYdX ASTER-USDshort	0.0000%	1h	0.7456	−0.072%	$13K	$61	5x
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7460	−0.017%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7460	−0.021%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7464	+0.039%	$337K	$484K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.958%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7465	+0.043%	$925K	$884K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7455	−0.080%	$373K	$268K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7460	−0.022%	$256K	$104K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDTlong	+0.0100%	4h	0.7461	long leg	$91.4M	$107.2M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7458	−0.047%	$49.9M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7461	−0.007%	$12.1M	$19.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7461	−0.007%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7461	−0.007%	$35.2M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7462	+0.007%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7461	−0.007%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7458	−0.047%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7458	−0.045%	$231K	$388K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7466	+0.056%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7466	+0.059%	$460K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7466	+0.060%	$67K	$714K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7462	+0.007%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7469	+0.101%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7459	−0.033%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7462	+0.007%	$244K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7462	+0.009%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7464	+0.033%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7462	+0.007%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7462	+0.006%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7460	−0.020%	$3.5M	$1.9M	75x	as long as short
Hyperliquid ASTER	+0.0352%	1h	0.7468	+0.089%	$26.0M	$6.9M	5x	as long as short