Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.085%

Price spread now: SunX against Coinbase International+0.131%7-day average +0.164% · you sell dearer than you buy

Net, funding: paid 7d − costs−$226as in the Funding arb table

Net, price: spread back to 7d avg − costs−$262as in the Price arb table

costs, in and out, $10k−$2592.592% of the position

Long on Coinbase International Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.328%+$33 on $10k

Price spread, last 3 days (all we have)+0.060%+$6 · spread now +0.131%, 7d avg +0.164%

Together, before fees+0.388%+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.033% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.131% now, against its 7-day average of +0.164%). If the spread goes back, that is −$3 on $10k: about 15 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ASTER-PERP-INTX	0.7461	−0.0080	get 0.0010% / 1h	35m 39s	$265K	$856K	50x
Short	SunX ASTER-USDT	0.7471	0.0100	get 0.0050% / 4h	3h 35m	$2K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.131%Rate

Funding earned: $37.8
Price spread: +0.131% → +0.164%: −$3.26
Slippage, 4 orders: −$241.22
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$224.69
Costs to cover: 2.592%
Break-even: 48.6 days

Slippage from Coinbase International: live order book, 38 min ago; SunX: live order book, 9 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, 38 min ago	4.17 bp	13.6 bp −$14	17.3 bp −$173	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	30.88 bp	124.7 bp −$125	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-INTXlong	−0.0080%	1h	0.7461	long leg	$265K	$856K	50x
Backpack ASTER_USDC_PERP	−0.0030%	1h	0.7459	−0.027%	$211K	$407K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7460	−0.018%	$56.6M	$100.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7459	−0.032%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7462	+0.017%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7462	+0.009%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.954%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0075%	1h	0.7466	+0.066%	$343K	$483K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7461	−0.003%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7463	+0.025%	$920K	$879K	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	0.7462	+0.005%	$373K	$256K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7462	+0.004%	$256K	$102K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7459	−0.029%	$91.5M	$107.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7459	−0.029%	$49.9M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7462	+0.011%	$12.1M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7463	+0.024%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7460	−0.016%	$35.6M	$16.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7462	+0.011%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7460	−0.016%	$18.3M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7459	−0.029%	—	$9.6M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7458	−0.038%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7443	−0.246%	$462K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7440	−0.284%	$66K	$716K	50x	as long as short
SunX ASTER-USDTshort	+0.0100%	4h	0.7471	+0.131%	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7463	+0.024%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7461	−0.003%	$244K	$111K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7459	−0.030%	$373K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7438	−0.309%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0112%	1h	0.7462	+0.011%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0252%	1h	0.7468	+0.096%	$26.0M	$6.5M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7462	+0.008%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7455	−0.083%	$3.5M	$1.9M	75x	as long as short