Settings8H · net · $10k
Funding arb · Price arb /

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0192%/8h= −21.0% APRnext payment $0.24 per $10,000 · paid last 24h −0.079%
Price spread now: Coinbase International against Extended−0.093%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$390.386% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.221%−$22 on $10k
Price spread, last 4 days (all we have)−0.127%−$13 · spread now −0.093%, 7d avg −0.053%
Together, before fees−0.348%+ Points / potential airdropExtended: Active · farm board−$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Coinbase International is 0.040% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ASTER-USD0.73400.0104pay 0.0013% / 1h33m 25s$367K$640K25x
ShortCoinbase International ASTER-PERP-INTX0.7333−0.0088pay 0.0011% / 1h33m 25s$270K$877K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
−$40.32
Price spread: −0.093% → −0.053%
−$3.96
Slippage, 4 orders
−$23.63
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$82.92
Costs to cover
0.386%
Break-even
never at this rate
Slippage from Extended: live order book, 29 min ago; Coinbase International: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 29 min ago1.90 bp7.1 bp −$710.2 bp −$102doesn't fitdoesn't fit
Sell Coinbase International live order book, 30 min ago4.41 bp14.1 bp −$1419.0 bp −$190doesn't fitdoesn't fit

ASTER on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ASTER-PERP-INTXshort−0.0088%1h0.7333−0.093%$270K$877K50x
Deribit ASTER_USDC-PERPETUAL−0.0036%1h0.7331−0.120%$11K$71K25xas long as short
Aster ASTERUSDT0.0000%4h0.7339−0.013%$54.6M$101.7M200xas long as short
dYdX ASTER-USD0.0000%1h0.7338−0.033%$14K$1K5xas long as short
01 Exchange ASTERUSD0.0000%1h0.7340+0.001%$8K$4K10xas long as short
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0005%1h0.7342+0.035%$24K150xas long as short
Injective ASTER/USDC PERP+0.0033%1h0.7390+0.682%$9$133K5.5xas long as short
Orderly PERP_ASTER_USDC+0.0088%4h0.7346+0.083%$14K$84510xas long as short
Lighter ASTER+0.0096%1h0.7340+0.006%$890K$901K5xas long as short
Nado ASTER-PERP+0.0100%1h0.7343+0.041%$368K$252K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ASTER+0.0100%1h0.7351+0.154%$25.5M$6.5M5xas long as short
Pacifica ASTER+0.0100%1h0.7341+0.010%$255K$72K10xas long as short
Binance ASTERUSDT+0.0100%4h0.7341+0.020%$90.2M$110.2M75xas long as short
Bybit ASTERUSDT+0.0100%4h0.7345+0.069%$49.0M$22.7M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7345+0.069%$12.1M$18.5M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7343+0.042%$6.4M$5.3M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7341+0.015%$33.7M$17.8M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7340+0.001%$10.9M$3.1M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7343+0.042%$17.8M$6.7M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7342+0.028%$9.6Mas long as short
Backpack ASTER_USDC_PERP+0.0100%1h0.7336−0.048%$215K$482K10xas long as short
Variational Omni ASTER+0.0100%4h0.7333−0.093%$2.1M$371Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7336−0.053%$449K$3.8M10xas long as short
ApeX Omni ASTERUSDT+0.0100%1h0.7337−0.040%$65K$715K50xas long as short
SunX ASTER-USDT+0.0100%4h0.7340+0.001%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7333−0.094%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.7330−0.135%$243K$117K20xas long as short
Extended ASTER-USDlong+0.0104%1h0.7340long leg$367K$640K25x
edgeX ASTERUSDC+0.0108%4h0.7333−0.101%$211K$2.0M10xas long as short
Kraken Futures PF_ASTERUSD+0.0244%1h0.7338−0.029%$337K$491K20xas long as short
GMX ASTER/USD [WBTC.b-USDC]L +0.0304% / S −0.0215%1h0.7342+0.032%$28K100xas long as short
BloFin ASTER-USDT+0.0340%4h0.7341+0.015%$3.5M$1.9M75xas long as short