Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.048%

Price spread now: edgeX against Deribit−0.397%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.291%+$29 on $10k

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.397% cheaper against Deribit than usual: you would sell low and buy high (spread −0.397% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$40 on $10k: about 13 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ASTER_USDC-PERPETUAL	0.7274	0	get 0.0000% / 1h	35m 20s	$11K	$72K	25x
Short	edgeX ASTERUSDC	0.7245	0.0105	get 0.0053% / 4h	2h 35m	$211K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.397%Rate

Funding earned: $22.1
Price spread: −0.397% → 0.000%: −$39.7
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$33.6
Costs to cover: 0.160%
Break-even: 17.6 days

Slippage unknown: Deribit: no order-book sample; edgeX: live order book, 4 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 edgeX live order book, 4 min ago	2.07 bp	6.6 bp −$7	12.1 bp −$121	doesn't fit	doesn't fit

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	−0.0048%	1h	0.7268	−0.082%	$268K	$1.2M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7273	−0.016%	$52.2M	$112.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7275	+0.014%	$14K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7269	−0.066%	$6K	$7K	10x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7274	long leg	$11K	$72K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7269	−0.062%	$23K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.598%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0054%	4h	0.7277	+0.044%	$13K	$1K	10x	as long as short
Extended ASTER-USD	+0.0064%	1h	0.7273	−0.017%	$364K	$637K	25x	as long as short
Lighter ASTER	+0.0096%	1h	0.7275	+0.019%	$881K	$922K	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	0.7275	+0.016%	$342K	$285K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7278	+0.056%	$24.9M	$8.0M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7272	−0.022%	$253K	$83K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7271	−0.034%	$89.8M	$122.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7274	+0.003%	$49.0M	$25.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7269	−0.066%	$12.6M	$20.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7268	−0.080%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7276	+0.030%	$34.3M	$20.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7273	−0.007%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7274	+0.003%	$17.8M	$8.0M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7271	−0.038%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7268	−0.084%	$210K	$487K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7253	−0.281%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7243	−0.422%	$446K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7251	−0.313%	$98K	$733K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7281	+0.099%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7272	−0.025%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7270	−0.052%	$242K	$145K	20x	as long as short
edgeX ASTERUSDCshort	+0.0105%	4h	0.7245	−0.397%	$211K	$2.1M	10x
Kraken Futures PF_ASTERUSD	+0.0297%	1h	0.7277	+0.042%	$337K	$626K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7271	−0.033%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7270	−0.052%	$3.5M	$2.1M	75x	as long as short