Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.066%

Price spread now: HTX against Coinbase International+0.212%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1441.442% of the position

Long on Coinbase International Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.336%+$34 on $10k

Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.212%, 7d avg +0.043%

Together, before fees+0.246%+$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.169% dearer against Coinbase International than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ASTER-PERP-INTX	0.7258	0.0016	pay 0.0002% / 1h	24m 17s	$252K	$1.3M	50x
Short	HTX ASTER-USDT	0.7273	0.0100	get 0.0050% / 4h	3h 24m	$243K	$203K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Coinbase International. 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 Coinbase InternationalbpFee HTXbpOrdersPrice spread, now +0.212%Rate

Funding earned: $17.64
Price spread: +0.212% → +0.043%: $16.9
Slippage, 4 orders: −$122.19
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$109.65
Costs to cover: 1.442%
Break-even: 50.5 days

Slippage from Coinbase International: live order book, 4 min ago; HTX: live order book, 7 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 Coinbase International live order book, 4 min ago	4.06 bp	12.6 bp −$13	21.1 bp −$211	doesn't fit	doesn't fit
Sell HTX live order book, 7 min ago	4.81 bp	23.6 bp −$24	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
Aster ASTERUSDT	0.0000%	4h	0.7273	+0.212%	$51.1M	$112.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7261	+0.042%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7278	+0.288%	$11K	$55K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7261	+0.047%	$23K	—	150x	as long as short
Coinbase International ASTER-PERP-INTXlong	+0.0016%	1h	0.7258	long leg	$252K	$1.3M	50x
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.824%	$9	$133K	5.5x	as long as short
Bybit ASTERUSDT	+0.0041%	4h	0.7276	+0.254%	$49.3M	$26.3M	75x	as long as short
01 Exchange ASTERUSD	+0.0048%	1h	0.7274	+0.226%	$6K	$7K	10x	as long as short
Gate ASTER_USDT	+0.0050%	4h	0.7270	+0.171%	$6.3M	$5.8M	75x	as long as short
Extended ASTER-USD	+0.0056%	1h	0.7282	+0.330%	$364K	$654K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ASTER_USDC	+0.0079%	4h	0.7279	+0.295%	$13K	$1K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0096%	1h	0.7285	+0.371%	$334K	$641K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7282	+0.332%	$884K	$921K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7273	+0.206%	$344K	$290K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7264	+0.088%	$256K	$113K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7276	+0.248%	$91.8M	$130.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7279	+0.295%	$12.3M	$22.2M	50x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7271	+0.185%	$34.0M	$20.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7268	+0.149%	$11.0M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7280	+0.309%	$17.8M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7275	+0.240%	—	$10.3M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7264	+0.088%	$208K	$469K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7250	−0.104%	$2.1M	$427K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7266	+0.110%	$453K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7270	+0.171%	$111K	$730K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7281	+0.322%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7279	+0.295%	$13K	$8K	5x	as long as short
HTX ASTER-USDTshort	+0.0100%	4h	0.7273	+0.212%	$243K	$203K	20x
edgeX ASTERUSDC	+0.0109%	4h	0.7263	+0.075%	$212K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0137%	1h	0.7278	+0.285%	$25.0M	$7.7M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7273	+0.212%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7260	+0.033%	$3.6M	$2.0M	75x	as long as short