Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.045%

Price spread now: BingX against Deribit+0.027%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on BingX

What this pair did over the last

the charts below follow

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

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.027% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ASTER_USDC-PERPETUAL	0.7273	0	get 0.0000% / 1h	54m 23s	$11K	$72K	25x
Short	BingX ASTER-USDT	0.7275	0.0100	get 0.0050% / 4h	3h 54m	—	$9.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Deribit. 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 DeribitbpFee BingXbpOrdersPrice spread, now +0.027%Rate

Funding earned: $21
Price spread: +0.027% → 0.000%: $2.75
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee BingX: 5 bp × 2 orders: −$10
Net: $6.75
Costs to cover: 0.170%
Break-even: 4.8 days

Slippage unknown: Deribit: no order-book sample; BingX: live order book, 9 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell BingX live order book, 9 min ago	2.07 bp	9.9 bp −$10	15.9 bp −$159	52.7 bp −$5,273	129.3 bp −$64.7K

Deribit: 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
Coinbase International ASTER-PERP-INTX	−0.0064%	1h	0.7295	+0.300%	$258K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7292	+0.265%	$52.9M	$110.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7292	+0.257%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7273	long leg	$11K	$72K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7276	+0.039%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.609%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0056%	1h	0.7288	+0.206%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0066%	4h	0.7277	+0.055%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7275	+0.030%	$880K	$918K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7277	+0.061%	$356K	$271K	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	0.7282	+0.128%	$24.8M	$7.9M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7294	+0.293%	$254K	$80K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7274	+0.009%	$89.4M	$120.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7275	+0.027%	$48.8M	$25.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7274	+0.014%	$12.4M	$20.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7278	+0.069%	$6.4M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7277	+0.055%	$33.4M	$20.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7277	+0.060%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7274	+0.014%	$17.8M	$7.6M	50x	as long as short
BingX ASTER-USDTshort	+0.0100%	4h	0.7275	+0.027%	—	$9.9M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7302	+0.406%	$211K	$496K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7277	+0.058%	$2.1M	$411K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7271	−0.025%	$458K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7271	−0.027%	$99K	$732K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7282	+0.124%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7272	−0.014%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7282	+0.124%	$242K	$142K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7272	−0.007%	$364K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0111%	4h	0.7269	−0.061%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0206%	1h	0.7278	+0.066%	$344K	$588K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7274	+0.007%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7301	+0.385%	$3.5M	$2.1M	75x	as long as short