Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.003%

Price spread now: edgeX against Extended−0.123%93s7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as 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−$240.242% of the position

Long on Extended Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 4 days (all we have)+0.685%+$68 · spread now −0.123%, 7d avg −0.038%

Together, before fees+0.755%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$75 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.086% cheaper against Extended than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of −0.038%). If the spread goes back, that is −$9 on $10k: about 3.4 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.070% in total) that is about 8.6 days. The two prices were read 93 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	0.7336	0.0032	pay 0.0004% / 1h	47m 50s	$367K	$654K	25x
Short	edgeX ASTERUSDC	0.7327	0.0116	get 0.0058% / 4h	3h 47m	$213K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.123%Rate

Funding earned: $17.58
Price spread: −0.123% → −0.038%: −$8.56
Slippage, 4 orders: −$10.2
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$15.18
Costs to cover: 0.242%
Break-even: 13.0 days

Slippage from Extended: live order book, 50 min ago; edgeX: live order book, 1 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, 50 min ago	3.01 bp	5.5 bp −$6	8.8 bp −$88	doesn't fit	doesn't fit
Sell edgeX live order book, 1 min ago	2.05 bp	6.5 bp −$7	12.1 bp −$121	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
Aster ASTERUSDT	0.0000%	4h	0.7334	−0.030%	$51.6M	$112.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7335	−0.019%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7337	+0.005%	$11K	$56K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7336	−0.004%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7332	−0.057%	$254K	$1.3M	50x	as long as short
Extended ASTER-USDlong	+0.0032%	1h	0.7336	long leg	$367K	$654K	25x
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.734%	$9	$133K	5.5x	as long as short
GRVT ASTER_USDT_Perp	+0.0058%	4h	0.7329	−0.097%	$460K	$4.1M	10x	as long as short
01 Exchange ASTERUSD	+0.0064%	1h	0.7339	+0.039%	$6K	$7K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0080%	4h	0.7339	+0.039%	$13K	$1K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ASTERUSD	+0.0095%	1h	0.7340	+0.050%	$337K	$641K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7340	+0.059%	$892K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7338	+0.024%	$346K	$291K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7335	−0.022%	$258K	$113K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7334	−0.030%	$92.7M	$130.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7334	−0.030%	$49.6M	$26.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7336	−0.002%	$12.4M	$22.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7336	−0.002%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7331	−0.070%	$34.9M	$20.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7336	−0.001%	$11.1M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7332	−0.057%	$17.9M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7335	−0.016%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7340	+0.052%	$210K	$474K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7335	−0.012%	$2.1M	$383K	—	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7335	−0.016%	$112K	$730K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7347	+0.148%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7336	−0.002%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7333	−0.043%	$245K	$202K	20x	as long as short
edgeX ASTERUSDCshort	+0.0116%	4h	0.7327	−0.123%	$213K	$2.2M	10x
Hyperliquid ASTER	+0.0148%	1h	0.7345	+0.114%	$25.2M	$8.0M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7335	−0.017%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7336	−0.002%	$3.6M	$2.1M	75x	as long as short