Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: BingX against Extended−0.001%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

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

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.103%+$10 on $10k

Price spread, last 4 days (all we have)−0.126%−$13 · spread now −0.001%, 7d avg −0.019%

Together, before fees−0.023%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7263	0.0104	pay 0.0013% / 1h	0m 05s	$365K	$634K	25x
Short	BingX ASTER-USDT	0.7263	0.0100	get 0.0050% / 4h	3h 00m	—	$9.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.001%Rate

Funding earned: −$0.84
Price spread: −0.001% → −0.019%: $1.89
Slippage, 4 orders: −$14.35
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$28.3
Costs to cover: 0.293%
Break-even: never at this rate

Slippage from Extended: live order book, 53 min ago; BingX: live order book, 8 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, 53 min ago	3.02 bp	5.5 bp −$6	9.7 bp −$97	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	2.73 bp	9.0 bp −$9	13.9 bp −$139	54.5 bp −$5,453	165.6 bp −$82.8K

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	0.7266	+0.046%	$270K	$1.2M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7263	−0.001%	$52.3M	$112.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7268	+0.064%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7265	+0.028%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7263	+0.002%	$23K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0016%	1h	0.7266	+0.041%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.748%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0061%	4h	0.7266	+0.041%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7268	+0.068%	$879K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7267	+0.048%	$362K	$274K	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	0.7272	+0.130%	$24.8M	$8.0M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7265	+0.029%	$253K	$82K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7265	+0.024%	$90.0M	$122.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7264	+0.013%	$48.9M	$25.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7266	+0.041%	$12.4M	$20.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7263	−0.001%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7268	+0.068%	$33.6M	$20.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7263	+0.001%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7263	−0.001%	$17.7M	$7.9M	50x	as long as short
BingX ASTER-USDTshort	+0.0100%	4h	0.7263	−0.001%	—	$9.9M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7268	+0.066%	$210K	$487K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7267	+0.058%	$2.1M	$416K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7297	+0.468%	$455K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7279	+0.220%	$99K	$732K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7274	+0.151%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7265	+0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7276	+0.178%	$242K	$143K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7263	long leg	$365K	$634K	25x
edgeX ASTERUSDC	+0.0106%	4h	0.7281	+0.251%	$212K	$2.2M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0206%	1h	0.7270	+0.095%	$337K	$625K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7264	+0.007%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7275	+0.165%	$3.5M	$2.1M	75x	as long as short