Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Extended+0.040%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$290.293% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$5 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.040%, 7d avg +0.001%

Together, before fees+0.027%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.039% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7473	0.0104	pay 0.0013% / 1h	9m 32s	$373K	$641K	25x
Short	Binance ASTERUSDT	0.7476	0.0100	get 0.0050% / 4h	3h 09m	$92.0M	$107.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.040%Rate

Funding earned: −$0.84
Price spread: +0.040% → +0.001%: $3.87
Slippage, 4 orders: −$14.34
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$26.31
Costs to cover: 0.293%
Break-even: never at this rate

Slippage from Extended: live order book, 63 min ago; Binance: live order book, 3 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, 63 min ago	3.29 bp	6.2 bp −$6	8.7 bp −$87	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.67 bp	8.1 bp −$8	15.5 bp −$155	60.7 bp −$6,075	283.2 bp −$141.6K

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	0.7456	−0.230%	$265K	$852K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7471	−0.027%	$56.6M	$99.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7470	−0.047%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7467	−0.082%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7470	−0.039%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−1.115%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0075%	1h	0.7470	−0.041%	$343K	$496K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7476	+0.039%	$922K	$881K	5x	as long as short
01 Exchange ASTERUSD	+0.0096%	1h	0.7471	−0.031%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0096%	4h	0.7476	+0.036%	$14K	$845	10x	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	0.7470	−0.040%	$374K	$254K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7474	+0.010%	$256K	$68K	10x	as long as short
Binance ASTERUSDTshort	+0.0100%	4h	0.7476	+0.040%	$92.0M	$107.6M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7476	+0.036%	$49.9M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7474	+0.009%	$12.2M	$18.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7476	+0.036%	$6.5M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7471	−0.031%	$35.6M	$17.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7474	+0.012%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7478	+0.063%	$18.4M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7476	+0.036%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7471	−0.032%	$218K	$450K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7451	−0.295%	$2.1M	$370K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7461	−0.171%	$463K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7453	−0.272%	$66K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7478	+0.063%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7465	−0.111%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7468	−0.071%	$244K	$110K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7473	long leg	$373K	$641K	25x
edgeX ASTERUSDC	+0.0107%	4h	0.7453	−0.274%	$215K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0222%	1h	0.7482	+0.116%	$26.0M	$6.4M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0306% / S −0.0215%	1h	0.7471	−0.035%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7457	−0.218%	$3.5M	$1.8M	75x	as long as short