Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.045%

Price spread now: SunX against Deribit+0.106%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 SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.338%+$34 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 SunX is 0.106% dearer against Deribit than usual: you sell high and buy low: +$11 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	0.7346	0	get 0.0000% / 1h	46m 37s	$11K	$86K	25x
Short	SunX ASTER-USDT	0.7354	0.0100	get 0.0050% / 4h	2h 46m	$2K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.106%Rate

Funding earned: $21
Price spread: +0.106% → 0.000%: $10.62
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: $16.62
Costs to cover: 0.150%
Break-even: 1.5 days

Slippage unknown: Deribit: no order-book sample; SunX: 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 SunX live order book, 9 min ago	30.68 bp	124.8 bp −$125	doesn't fit	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	−0.0080%	1h	0.7385	+0.531%	$271K	$857K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7346	−0.009%	$55.3M	$101.2M	200x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7346	long leg	$11K	$86K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7354	+0.108%	$29K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.596%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0064%	1h	0.7359	+0.174%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0095%	4h	0.7350	+0.052%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7347	+0.015%	$892K	$897K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7355	+0.127%	$366K	$257K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7348	+0.024%	$252K	$71K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7345	−0.018%	$89.9M	$110.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7342	−0.057%	$49.1M	$22.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7347	+0.011%	$12.0M	$18.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7351	+0.065%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7341	−0.071%	$34.9M	$17.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7347	+0.012%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7343	−0.044%	$17.8M	$6.8M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7345	−0.016%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7351	+0.065%	$217K	$476K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7371	+0.342%	$2.1M	$376K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7373	+0.367%	$458K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7373	+0.365%	$66K	$715K	50x	as long as short
SunX ASTER-USDTshort	+0.0100%	4h	0.7354	+0.106%	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7347	+0.011%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7359	+0.174%	$241K	$109K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7344	−0.031%	$367K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7372	+0.355%	$213K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0123%	1h	0.7359	+0.181%	$25.5M	$6.6M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7351	+0.070%	$338K	$500K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7353	+0.089%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7365	+0.256%	$3.5M	$1.9M	75x	as long as short
dYdX ASTER-USD	+0.0357%	1h	0.7347	+0.010%	$14K	$1K	5x	as long as short