Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Bybit+0.110%53s7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1261.265% of the position

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.096%+$10 on $10k

Price spread, last 4 days (all we have)−0.176%−$18 · spread now +0.110%, 7d avg +0.008%

Together, before fees−0.080%−$8 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: HTX is 0.101% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.008%. The two prices were read 53 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	Bybit ASTERUSDT	0.7303	0.0100	pay 0.0050% / 4h	1h 06m	$48.6M	$22.9M	75x
Short	HTX ASTER-USDT	0.7311	0.0100	get 0.0050% / 4h	1h 06m	$242K	$117K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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 BybitbpFee HTXbpOrdersPrice spread, now +0.110%Rate

Funding earned: $0
Price spread: +0.110% → +0.008%: $10.15
Slippage, 4 orders: −$103.47
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$116.32
Costs to cover: 1.265%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; HTX: live order book, 55 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 Bybit live order book, 2 min ago	0.68 bp	10.6 bp −$11	40.9 bp −$409	doesn't fit	doesn't fit
Sell HTX live order book, 55 min ago	8.81 bp	20.1 bp −$20	doesn't fit	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	−0.0088%	1h	0.7308	+0.070%	$269K	$874K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0051%	1h	0.7309	+0.082%	$11K	$71K	25x	as long as short
Aster ASTERUSDT	−0.0013%	4h	0.7302	−0.010%	$54.2M	$102.5M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7310	+0.090%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7305	+0.024%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0008%	1h	0.7297	−0.082%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.191%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0082%	4h	0.7310	+0.096%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7309	+0.077%	$891K	$908K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7308	+0.072%	$366K	$249K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7308	+0.073%	$25.3M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7305	+0.021%	$254K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7299	−0.055%	$89.8M	$110.6M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7303	long leg	$48.6M	$22.9M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7303	0.000%	$12.0M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7307	+0.055%	$6.3M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7300	−0.041%	$33.7M	$18.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7305	+0.031%	$10.8M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7300	−0.041%	$17.7M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7301	−0.027%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7311	+0.107%	$216K	$484K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7329	+0.357%	$2.0M	$369K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7325	+0.296%	$457K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7326	+0.315%	$84K	$724K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7316	+0.178%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7307	+0.055%	$13K	$8K	5x	as long as short
HTX ASTER-USDTshort	+0.0100%	4h	0.7311	+0.110%	$242K	$117K	20x
Extended ASTER-USD	+0.0104%	1h	0.7303	+0.001%	$365K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7323	+0.276%	$211K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0245%	1h	0.7310	+0.095%	$336K	$489K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7312	+0.124%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7313	+0.137%	$3.5M	$1.9M	75x	as long as short