Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Bitget+0.049%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$330.325% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 4 days (all we have)+0.095%+$9 · spread now +0.049%, 7d avg +0.007%

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.042% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ASTERUSDT	0.7288	0.0100	pay 0.0050% / 4h	3h 09m	$17.8M	$7.8M	50x
Short	Extended ASTER-USD	0.7292	0.0104	get 0.0013% / 1h	9m 23s	$365K	$635K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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 BitgetbpFee ExtendedbpOrdersPrice spread, now +0.049%Rate

Funding earned: $0.84
Price spread: +0.049% → +0.007%: $4.18
Slippage, 4 orders: −$15.54
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$27.52
Costs to cover: 0.325%
Break-even: 236.4 days

Slippage from Bitget: live order book, 4 min ago; Extended: live order book, 43 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 Bitget live order book, 4 min ago	0.69 bp	11.1 bp −$11	24.5 bp −$245	82.5 bp −$8,246	doesn't fit
Sell Extended live order book, 43 min ago	3.02 bp	5.5 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
Deribit ASTER_USDC-PERPETUAL	−0.0093%	1h	0.7283	−0.074%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0064%	1h	0.7286	−0.030%	$255K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7290	+0.027%	$52.5M	$112.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7285	−0.045%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7290	+0.034%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0024%	1h	0.7288	0.000%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.400%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0062%	4h	0.7291	+0.041%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7285	−0.043%	$881K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7301	+0.185%	$364K	$273K	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	0.7288	−0.007%	$254K	$82K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7291	+0.040%	$90.3M	$122.3M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7287	−0.014%	$49.0M	$25.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7290	+0.027%	$12.5M	$20.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7293	+0.069%	$6.4M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7288	0.000%	$33.9M	$20.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7290	+0.034%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDTlong	+0.0100%	4h	0.7288	long leg	$17.8M	$7.8M	50x
BingX ASTER-USDT	+0.0100%	4h	0.7288	0.000%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7285	−0.048%	$209K	$497K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7274	−0.190%	$2.1M	$416K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7278	−0.137%	$450K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7281	−0.096%	$99K	$731K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7290	+0.027%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7280	−0.110%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7277	−0.151%	$242K	$143K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7277	−0.150%	$211K	$2.2M	10x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7292	+0.049%	$365K	$635K	25x
Hyperliquid ASTER	+0.0107%	1h	0.7303	+0.210%	$24.9M	$8.0M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0206%	1h	0.7284	−0.055%	$337K	$609K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7292	+0.051%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7275	−0.178%	$3.5M	$2.1M	75x	as long as short