Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%

Price spread now: Injective against BingX+1.053%7-day average +0.017% · you sell dearer than you buy

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

Long on BingX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.154%−$15 on $10k

Price spread, last 4 days (all we have)−1.437%−$144 · spread now +1.053%, 7d avg +0.017%

Together, before fees−1.591%−$159 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Injective is 1.036% dearer against BingX than usual: you sell high and buy low (spread +1.053% now, against its 7-day average of +0.017%): +$104 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 52 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ASTER-USDT	0.7313	0.0100	pay 0.0050% / 4h	3h 12m	—	$10.0M	—
Short	Injective ASTER/USDC PERP	0.7390	0.0033	get 0.0004% / 1h	12m 57s	$9	$133K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against BingX. 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 BingXbpFee InjectivebpOrdersPrice spread, now +1.053%Rate

Funding earned: −$14
Price spread: +1.053% → +0.017%: $103.62
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $79.6
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: BingX: live order book, 10 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 BingX live order book, 10 min ago	2.06 bp	7.6 bp −$8	13.6 bp −$136	53.7 bp −$5,366	307.9 bp −$154.0K
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.

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
Aster ASTERUSDT	0.0000%	4h	0.7312	−0.014%	$51.2M	$111.4M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7305	−0.113%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7304	−0.119%	$11K	$55K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7306	−0.102%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7308	−0.062%	$253K	$1.3M	50x	as long as short
Injective ASTER/USDC PERPshort	+0.0033%	1h	0.7390	+1.053%	$9	$133K	5.5x
01 Exchange ASTERUSD	+0.0064%	1h	0.7308	−0.068%	$6K	$7K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0079%	4h	0.7309	−0.055%	$13K	$1K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0096%	1h	0.7308	−0.063%	$336K	$605K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7310	−0.037%	$887K	$921K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7308	−0.069%	$346K	$272K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7308	−0.062%	$258K	$110K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7313	0.000%	$92.4M	$128.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7315	+0.027%	$49.7M	$26.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7316	+0.041%	$12.4M	$22.1M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7312	−0.014%	$6.3M	$5.8M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7311	−0.027%	$35.1M	$21.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7313	+0.004%	$11.1M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7312	−0.014%	$17.9M	$8.4M	50x	as long as short
BingX ASTER-USDTlong	+0.0100%	4h	0.7313	long leg	—	$10.0M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7313	−0.001%	$211K	$466K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7310	−0.035%	$2.1M	$421K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7314	+0.014%	$451K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7312	−0.014%	$111K	$726K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7314	+0.014%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7303	−0.137%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7307	−0.082%	$244K	$163K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7312	−0.013%	$365K	$652K	25x	as long as short
edgeX ASTERUSDC	+0.0117%	4h	0.7311	−0.022%	$213K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0119%	1h	0.7319	+0.079%	$25.1M	$7.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7304	−0.126%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7306	−0.096%	$3.6M	$2.0M	75x	as long as short