ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.006%

Price spread now: Backpack against Extended+0.253%48s7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$270.267% of the position

Long on Extended Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 4 days (all we have)−0.398%−$40 · spread now +0.253%, 7d avg +0.029%

Together, before fees−0.312%+ Points / potential airdropExtended: Active · farm board−$31 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 Backpack is 0.224% dearer against Extended than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.029%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7231	0.0008	pay 0.0001% / 1h	23m 15s	$364K	$637K	25x
Short	Backpack ASTER_USDC_PERP	0.7249	0.0100	get 0.0013% / 1h	23m 15s	$210K	$488K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Extended. 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 ExtendedbpFee BackpackbpOrdersPrice spread, now +0.253%Rate

Funding earned: $19.32
Price spread: +0.253% → +0.029%: $22.42
Slippage, 4 orders: −$11.69
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Backpack: 5 bp × 2 orders: −$10
Net: $15.05
Costs to cover: 0.267%
Break-even: 1.5 days

Slippage from Extended: live order book, 25 min ago; Backpack: live order book, 26 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 Extended live order book, 25 min ago	2.96 bp	6.0 bp −$6	8.7 bp −$87	doesn't fit	doesn't fit
Sell Backpack live order book, 26 min ago	0.07 bp	8.0 bp −$8	167.1 bp −$1,671	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-INTX	−0.0048%	1h	0.7231	+0.011%	$265K	$1.2M	50x	as long as short
01 Exchange ASTERUSD	−0.0016%	1h	0.7225	−0.076%	$6K	$7K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7229	−0.018%	$51.8M	$112.5M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7240	+0.125%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7229	−0.024%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7228	−0.033%	$23K	—	150x	as long as short
Extended ASTER-USDlong	+0.0008%	1h	0.7231	long leg	$364K	$637K	25x
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.206%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0052%	4h	0.7229	−0.021%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7231	+0.003%	$875K	$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	0.7232	+0.021%	$339K	$282K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7234	+0.047%	$24.7M	$8.0M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7240	+0.137%	$252K	$84K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7229	−0.015%	$89.3M	$123.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7227	−0.049%	$48.6M	$25.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7231	+0.007%	$12.4M	$20.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7225	−0.076%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7226	−0.062%	$33.8M	$20.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7225	−0.072%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7226	−0.062%	$17.7M	$8.0M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7230	−0.007%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERPshort	+0.0100%	1h	0.7249	+0.253%	$210K	$488K	10x
Variational Omni ASTER	+0.0100%	4h	0.7215	−0.210%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7236	+0.076%	$446K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7223	−0.104%	$98K	$734K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7238	+0.104%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7230	−0.007%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7249	+0.256%	$241K	$145K	20x	as long as short
edgeX ASTERUSDC	+0.0115%	4h	0.7221	−0.130%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0299%	1h	0.7233	+0.038%	$335K	$627K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7231	0.000%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7232	+0.021%	$3.5M	$2.0M	75x	as long as short